First BanCorp director sells 26,350 shares
A First BanCorp director sold 26,350 FBP shares on September 2, 2026 at about $28.48, retaining 610,669 shares afterward.
Rhea-AI Filing Summary
FIRST BANCORP (FBP) director Roberto R. Herencia reported selling 26,350 shares of First BanCorp Common Stock on September 2, 2026 in an open-market transaction. The weighted average sale price was $28.481 per share, with individual trades between $28.47 and $28.50. Following this sale, he holds 610,669 shares directly. No Rule 10b5-1 trading plan is reported for this transaction.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 26,350 shares
Net Sell
1 txn
Insider
HERENCIA ROBERTO R
Role
Director
Sold
26,350 shs ($750K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | First BanCorp Common Stock, pay value $0.10 per share F1 | 26,350 | $28.481 | $750K |
Holdings After Transaction:
First BanCorp Common Stock, pay value $0.10 per share — 610,669 shares (Direct)
Footnotes (1)
- F1. This amount represents the weighted average sale price for the shares, which were sold in multiple transactions on September 2, 2026 at prices ranging from $28.47 to $28.50.The reporting person undertakes to provide to First BanCorp, any security holder of First BanCorp, or the staff of the Securities and Exchange Commission, upon request,fullinformation regarding the number of shares sold at each separate price within the ranges set forth in footnote (1).
Key Figures
Shares sold: 26,350 shares
Weighted average sale price: $28.481 per share
Sale price range: $28.47–$28.50 per share
+2 more
5 metrics
Shares sold
26,350 shares
Non-derivative sale reported for September 2, 2026
Weighted average sale price
$28.481 per share
Open-market sale on September 2, 2026
Sale price range
$28.47–$28.50 per share
Multiple transactions aggregated in the reported sale
Shares held after transaction
610,669 shares
Direct ownership following the reported sale
Net shares sold
26,350 shares
Net change in holdings from this Form 4 transaction
Key Terms
weighted average sale price, First BanCorp Common Stock, par value
3 terms
weighted average sale price financial
"This amount represents the weighted average sale price for the shares"
First BanCorp Common Stock financial
"security titled First BanCorp Common Stock, par value $0.10 per share"
par value financial
"First BanCorp Common Stock, par value $0.10 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transaction in FBP stock did director Roberto R. Herencia report?
He reported a sale of 26,350 shares of First BanCorp (FBP) Common Stock on September 2, 2026 in an open-market transaction, as disclosed in the Form 4.
Was this FBP insider sale made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.