First BanCorp EVP sells 8,000 company shares
First BanCorp (FBP) executive vice president Lilian Diaz-Bento sold 8,000 shares of First BanCorp Common Stock in an open-market transaction.
Sentiment and the balance of points
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Rhea-AI Filing Summary
First BanCorp (FBP) executive vice president Lilian Diaz-Bento sold 8,000 shares of First BanCorp Common Stock in an open-market transaction. The shares were sold at an average price of $24.3346 per share. After this sale, Diaz-Bento directly holds 56,375 First BanCorp shares.
Insights
Routine open-market sale by an EVP, modest versus disclosed holdings.
Executive vice president Lilian Diaz-Bento executed an open-market sale of 8,000 shares of First BanCorp Common Stock at $24.3346 per share. The transaction is coded as a standard open-market sale, with no derivative activity reported.
Following the sale, Diaz-Bento directly owns 56,375 shares, indicating that a substantial equity position remains. With no derivatives outstanding shown in this filing and no trading-plan footnotes provided, this appears as a straightforward portfolio-liquidity move rather than a structural change in alignment.
Because the filing shows only a single sale and no comparative figures or corporate events, its significance is limited to signaling personal share management by an executive. Subsequent filings may provide additional context if further transactions or compensation-related awards are reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | First BanCorp Common Stock, par value $0.10 per share | 8,000 | $24.3346 | $195K |
Key Figures
Key Terms
First BanCorp Common Stock financial
open-market sale financial
Form 4 regulatory
non-derivative financial
direct ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did First BanCorp (FBP) EVP Lilian Diaz-Bento report in this Form 4?
Was the First BanCorp (FBP) insider transaction a buy or a sell?
Did the First BanCorp (FBP) Form 4 include any derivative securities activity?
Is the reported First BanCorp (FBP) insider sale classified as direct or indirect ownership?
AI-generated analysis. How Rhea-AI works. Not financial advice.