First Bancorp grants Villamil 1,527 restricted shares

Q: How many FBP shares did director Felix Villamil receive and have withheld?

Felix Villamil received 1,527 restricted shares and had 206 shares withheld for taxes on October 30, 2026.

Q: When do Felix Villamil's FBP restricted shares vest?

The 1,527 restricted shares issued on October 30, 2026, vest solely with the passage of time over one year, on October 30, 2027.

The 1,527 restricted shares vest solely with the passage of time over one year, on October 30, 2027.

Available on EDGAR 11/03/2026 - 04:31 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:30 PM EST

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

First Bancorp (FBP) director Felix Villamil received 1,527 restricted shares on October 30, 2026, under the First BanCorp Omnibus Incentive Plan. The shares vest solely with the passage of time over one year, on October 30, 2027. On the same date, 206 shares were withheld for taxes related to restricted stock vested under an award made October 30, 2025.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider VILLAMIL FELIX

Role Director

Type	Security	Shares	Price	Value
Tax Withholding	First BanCorp Common Stock, par value $0.10 per share ^F1	206	$26.18	$5K
Grant/Award	First BanCorp Common Stock, par value $0.10 per share ^F2	1,527	$26.18	$40K

Holdings After Transaction: First BanCorp Common Stock, par value $0.10 per share — 20,381 shares (Direct)

Footnotes (2)

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

Key Figures

Restricted shares issued: 1,527 shares Shares withheld for taxes: 206 shares Reported per-share price: $26.18 per share +1 more

4 metrics

Restricted shares issued 1,527 shares Issued to Felix Villamil on October 30, 2026.

Shares withheld for taxes 206 shares Withheld on October 30, 2026, related to restricted stock vested under an award made October 30, 2025.

Reported per-share price $26.18 per share Reported for the October 30, 2026 award and tax-withholding entries.

Vesting period One year The restricted shares vest solely with the passage of time, on October 30, 2027.

Key Terms

restricted stock, Omnibus Incentive Plan, vest solely on the basis of the passage of time

3 terms

restricted stock financial

"Shares of restricted stock issued on October 30, 2026"

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 Omnibus Incentive Plan, as amended"

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 solely on the basis of the passage of time financial

"vest solely on the basis of the passage of time over a one-year period"

FAQ

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

How many FBP shares did director Felix Villamil receive and have withheld?

Felix Villamil received 1,527 restricted shares and had 206 shares withheld for taxes on October 30, 2026.

When do Felix Villamil's FBP restricted shares vest?

The 1,527 restricted shares issued on October 30, 2026, vest solely with the passage of time over one year, on October 30, 2027.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

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^*

VILLAMIL FELIX

(Last)

(First)

(Middle)

P.O. BOX 9146

(Street)

SAN JUAN

PUERTO RICO

00908

(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)
10/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
First BanCorp Common Stock, par value $0.10 per share	10/30/2026		F		206⁽¹⁾	D	$26.18	18,854	D
First BanCorp Common Stock, par value $0.10 per share	10/30/2026		A		1,527⁽²⁾	A	$26.18	20,381	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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

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

	/s/ Adolfo Sepulveda, Esq., Attorney-in-Fact	11/03/2026
	** 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)

Source: View Original Filing on SEC EDGAR