Welcome to our dedicated page for First Bancorp P R SEC filings (Ticker: FBP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
First BanCorp. filings document the regulatory disclosures of a Puerto Rico bank holding company whose common stock is listed on the New York Stock Exchange under FBP. Its Form 8-K reports cover unaudited operating results, financial condition updates, earnings press releases, conference-call presentation exhibits, and material corporate events involving senior officer roles.
Proxy filings describe annual meeting procedures, stockholder voting matters, board governance, executive compensation, and other matters presented to holders of First BanCorp. common stock. The filings also identify the company’s status as the holding company for FirstBank Puerto Rico and provide formal records for financial reporting, governance, capital-market and disclosure obligations.
First BanCorp’s Chief Accounting Officer, Ortiz Said, reported a routine tax-related share disposition. On March 16, 2026, 2,109 shares of First BanCorp common stock were withheld to cover taxes on restricted stock that vested under a March 16, 2023 award. After this withholding, Ortiz directly holds 40,167.489 shares, including 313.65846 shares acquired through a dividend reinvestment plan.
First BanCorp executive Sara Alvarez-Cabrero exercised 15,121 performance share units into common stock and had shares withheld for taxes. The EVP and General Counsel received 15,121 shares of common stock from vested Performance Share Units tied to three-year performance goals.
To cover tax obligations on these vestings, 5,799 and 2,492 shares of common stock, totaling 8,291 shares at $20.57 per share, were withheld rather than sold on the market. After these transactions, she directly holds 76,486 shares of common stock and 17,341 Performance Share Units that remain outstanding, all as equity-based compensation.
First BanCorp EVP and COO Juan Carlos Pavia exercised 16,515 Performance Share Units into an equal number of common shares on March 16, 2026 after a three-year performance period. The units vested based on total shareholder return at 150% of target and a tangible book value goal at 101.46% of target.
To cover taxes on the vested performance shares and restricted stock, 7,090 common shares were withheld at $20.57 per share through two tax-withholding dispositions. After these transactions, Pavia directly holds 88,761 shares of First BanCorp common stock.
First BanCorp EVP and CFO Orlando Berges Gonzalez reported an exercise of 28,595 Performance Share Units into an equal number of common shares on March 16, 2026. These units vested based on three-year performance goals tied to relative total shareholder return and tangible book value per share.
To cover related tax obligations, 9,108 and 3,734 common shares were withheld at $20.57 per share, both recorded as tax-withholding dispositions rather than market sales. After these transactions, Berges Gonzalez directly owns 312,038 shares of First BanCorp common stock.
FIRST BANCORP /PR/ executive vice president Michael McDonald exercised performance-based equity awards and settled related taxes in shares. On March 16, 2026, he exercised 10,380 Performance Share Units into the same number of First BanCorp common shares at a conversion price of $0.00 per share.
To cover tax obligations on vested awards, 3,966 common shares were withheld at $20.57 per share through tax-withholding dispositions, a non-market mechanism. After these transactions, McDonald directly held 69,351 shares of First BanCorp common stock and 11,837 outstanding Performance Share Units that remain subject to future performance-vesting conditions.
First BanCorp EVP Jose Maria Lacasa exercised 14,451 Performance Share Units into an equal number of common shares on March 16, 2026, as a performance-based award vested.
To cover related taxes, 8,337 common shares were withheld at $20.57 per share, leaving 72,376 common shares held directly and 16,256 Performance Share Units outstanding under other awards.
FIRST BANCORP /PR/ executive EVP Lopez-Lay Ginoris exercised performance share units into common stock and had shares withheld for taxes. On March 16, 2026, 15,599 Performance Share Units converted into 15,599 shares of First BanCorp common stock. To cover tax obligations tied to vesting awards, 6,918 shares of common stock were withheld at a price of $20.5700 per share across two transactions. After these moves, the executive directly owned 212,957 shares of common stock and held 17,922 Performance Share Units that remain subject to future performance-based vesting.
FIRST BANCORP /PR/ EVP Lilian Diaz-Bento exercised performance-based equity awards and had shares withheld for taxes. She exercised 15,886 Performance Share Units, receiving the same number of shares of First BanCorp common stock. Following these transactions, she directly owns 55,539 common shares.
The Performance Share Units vested after a three-year period based on two equally weighted goals: total shareholder return versus the KBW Regional Bank Index, which paid out at 150% of target, and a tangible book value per share goal, which paid out at 101.46% of target. A total of 4,040 shares of common stock were withheld at $20.57 per share to cover tax obligations related to vested performance share units and restricted stock. Footnotes also note an outstanding grant of 19,295 Performance Share Units that will vest based on future performance.
First BanCorp President and CEO Aurelio Alemán exercised performance share units and settled related taxes in stock. On March 16, 2026 he converted 86,511 Performance Share Units into the same number of common shares, increasing his direct holdings to 1,136,058 shares before tax withholding.
To cover taxes on the vested performance shares and restricted stock, 51,208 common shares were withheld at a price of $20.57 per share, leaving him with 1,084,850 directly held shares. The vested award reflected three-year performance, with total shareholder return at 150% of target and tangible book value per share at 101.46% of target. He also holds 118,797 additional Performance Share Units granted in 2024 and 2025 that remain subject to future performance goals.
First BanCorp executive Nayda Rivera exercised performance share units into common stock and had shares withheld for taxes. On March 16, 2026, she converted 23,069 Performance Share Units into an equal number of First BanCorp common shares at a stated exercise price of $0.00 per share.
To cover tax obligations on vested performance units and restricted stock, a total of 13,797 common shares were withheld at $20.57 per share. Following these transactions, Rivera directly holds 239,483 shares of common stock and 25,752 Performance Share Units that remain outstanding and subject to future performance-based vesting.