First BanCorp director receives 1,518-share stock grant

The 1,518 restricted shares vest solely through time over one year; tax withholding applied to a separate award that vested.

Rhea-AI Filing Summary

First BanCorp director Reboyras Juan Acosta received 1,518 shares of restricted stock under the First BanCorp 2026 Omnibus Incentive Plan on September 30, 2026. The shares vest solely through the passage of time over one year, on September 30, 2027. On September 30, 2026, 182 shares were withheld to cover taxes related to restricted stock that vested under an award made September 30, 2025.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider ACOSTA REBOYRAS JUAN

Role Director

Type	Security	Shares	Price	Value
Tax Withholding	First BanCorp Common Stock, par value $0.10 per share. F1	182	$26.34	$5K
Grant/Award	First BanCorp Common Stock, par value $0.10 per share. F2	1,518	$26.34	$40K

Holdings After Transaction: First BanCorp Common Stock, par value $0.10 per share. — 25,851 shares (Direct)

Footnotes (2)

1. F1. Shares withheld to cover taxes related to restricted stock that vested on September 30, 2026 pursuant to the terms of the restricted stock award made on September 30, 2025.
2. F2. Represents shares of restricted stock issued on September 30, 2026 pursuant to the First BanCorp 2026 Omnibus Incentive Plan, which vest solely on the basis of the passage of time over a one-year period on September 30, 2027.

Key Figures

Restricted stock issued: 1,518 shares Shares withheld for taxes: 182 shares Reported price per share: $26.34 per share

3 metrics

Restricted stock issued 1,518 shares September 30, 2026 award

Shares withheld for taxes 182 shares September 30, 2026

Reported price per share $26.34 per share Reported for both September 30, 2026 transactions

Key Terms

restricted stock, Omnibus Incentive Plan, vest

3 terms

restricted stock financial

"shares of restricted stock issued"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Omnibus Incentive Plan financial

"First BanCorp 2026 Omnibus Incentive Plan"

An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.

vest financial

"vest solely on the basis of the passage of time"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many FBP restricted shares were awarded to director Reboyras Juan Acosta?

Director Reboyras Juan Acosta received 1,518 shares of restricted stock on September 30, 2026, under the First BanCorp 2026 Omnibus Incentive Plan.

How many FBP shares were withheld for taxes?

182 shares were withheld on September 30, 2026, to cover taxes related to restricted stock that vested under an award made September 30, 2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/02/2026 - 04:30 PM Accepted by SEC EDGAR 10/02/2026 - 04:30 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

ACOSTA REBOYRAS JUAN

(Last) (First) (Middle)

PO BOX 9146

(Street)

SAN JUAN PUERTO RICO 00908-0146

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

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

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

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

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.	09/30/2026		F		182(1)	D	$26.34	24,333	D
First BanCorp Common Stock, par value $0.10 per share.	09/30/2026		A		1,518(2)	A	$26.34	25,851	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:

1. Shares withheld to cover taxes related to restricted stock that vested on September 30, 2026 pursuant to the terms of the restricted stock award made on September 30, 2025.

2. Represents shares of restricted stock issued on September 30, 2026 pursuant to the First BanCorp 2026 Omnibus Incentive Plan, which vest solely on the basis of the passage of time over a one-year period on September 30, 2027.

	/s/ Adolfo Sepulveda, Esq., Attorney-in-Fact	10/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)