First BanCorp (FBP) director Herencia sells 4,723 shares at $22.633

Rhea-AI Filing Summary

First BanCorp director Roberto R. Herencia reported an open-market sale of First BanCorp common stock. On 02/11/2026, he sold 4,723 shares at a price of $22.633 per share. After this transaction, he directly beneficially owns 637,019 First BanCorp shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HERENCIA ROBERTO R

(Last) (First) (Middle)

P.O. BOX 9146

(Street)

SAN JUAN PR 00908-0146

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST BANCORP /PR/ [ FBP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
First BanCorp Common Stock, par value $0.10 per share	02/11/2026		S		4,723	D	$22.633	637,019	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Adolfo Sepulveda, Esq., Attorney-in-Fact	02/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did First BanCorp (FBP) disclose in this Form 4?

First BanCorp reported that director Roberto R. Herencia executed an open-market sale of 4,723 common shares. The transaction occurred on February 11, 2026, and was reported as a sale under transaction code “S” at a price of $22.633 per share.

How many First BanCorp (FBP) shares did Roberto R. Herencia sell?

Roberto R. Herencia sold 4,723 shares of First BanCorp common stock. The sale was completed in an open-market transaction on February 11, 2026, and is categorized as a non-derivative transaction, meaning it involved actual shares rather than options or other derivatives.

At what price were the First BanCorp (FBP) shares sold by the director?

The 4,723 First BanCorp shares were sold at a price of $22.633 per share. This per-share sale price reflects the execution price for the open-market transaction reported, providing investors insight into the level at which the director chose to sell stock.

How many First BanCorp (FBP) shares does Roberto R. Herencia own after the sale?

After the reported sale, Roberto R. Herencia beneficially owns 637,019 First BanCorp common shares. These shares are reported as held directly, indicating personal ownership rather than through an intermediary entity, trust, or other indirect arrangement.

What is the role of Roberto R. Herencia at First BanCorp (FBP)?

Roberto R. Herencia is identified as a director of First BanCorp. The Form 4 indicates his relationship to the issuer by checking the “Director” box, and does not mark him as a 10% owner or as holding any officer position at the company.

Was the First BanCorp (FBP) insider transaction direct or indirect ownership?

The transaction relates to shares held under direct ownership by Roberto R. Herencia. The Form 4 lists the ownership form as “D” for direct, meaning the reported holdings and sale are attributed to him personally rather than via an indirect entity.