The First Bancorp (NASDAQ: FNLC) appoints Brad Martin as CIO role

Rhea-AI Filing Summary

The First Bancorp, Inc. reported a leadership change in its technology function. Brad Martin has been appointed Executive Vice President and Chief Information Officer, joining the company ahead of current technology leader Tammy Plummer’s planned retirement to support a smooth leadership transition.

Martin brings more than 17 years of financial services experience, most recently as Senior Vice President and Director of Information Technology at another Maine-based financial institution. He is a graduate of the Northern New England School of Banking, holds multiple technical and information security certifications such as Microsoft and ISC2 credentials, and was recognized as a BAI Emerging Leader in 2018.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): January 12, 2026

THE FIRST BANCORP, INC.

(Exact name of Registrant as specified in charter)

Maine

(State or other jurisdiction of incorporation)

0-26589			01-0404322
(Commission file number)			(IRS employer identification no.)

223 Main Street			Damariscotta			Maine			04543
(Address of principal executive offices)									(Zip Code)

(207) 563-3195

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is

intended to simultaneously satisfy the filing obligations

of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))

Securities registered pursuit to Section 12(b) of the Exchange Act:

Title of Each Class			Trading Symbol			Name of each exchange on which registered
Common Stock, par value $0.01 per share			FNLC			NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

TABLE OF CONTENTS

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Page 1

Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Item 9.01 Financial Statements and Exhibits Page 1

Signatures                      Page 2

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain

Officers; Compensatory Arrangements of Certain Officers.

Tony C. McKim, President and CEO of First National Bank and its parent company, The First Bancorp, recently announced the appointment of Brad Martin.

Brad Martin has been appointed Executive Vice President, Chief Information Officer, joining the company in advance of Tammy Plummer’s upcoming retirement to ensure a smooth and thoughtful leadership transition. He brings more than 17 years of experience in financial services, most recently serving as Senior Vice President, Director of Information Technology at another Maine-based financial institution.

A graduate of the Northern New England School of Banking, Martin holds multiple technical and information security certifications, including Microsoft and ISC2 credentials. He was recognized as a BAI Emerging Leader in 2018.

Active in his community, Martin has served on the Maine Bankers Association Bank Expo Advisory Committee and currently serves on the Maine Banker’s Cyber and Technology Committee.

Item 9.01 Financial Statements and Exhibits

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

THE FIRST BANCORP, INC.

By: /s/ Richard M. Elder

---------------------

Richard M. Elder

Executive Vice President & Chief Financial Officer

January 12, 2026

FAQ

What leadership change did The First Bancorp (FNLC) disclose in this 8-K?

The company disclosed that Brad Martin has been appointed Executive Vice President, Chief Information Officer of First National Bank and its parent, The First Bancorp, Inc.

Why is Brad Martin joining The First Bancorp (FNLC)?

Brad Martin is joining in advance of Tammy Plummer’s upcoming retirement to help ensure a smooth and thoughtful technology leadership transition.

What experience does Brad Martin bring to The First Bancorp (FNLC)?

Brad Martin has more than 17 years of experience in financial services and most recently served as Senior Vice President, Director of Information Technology at another Maine-based financial institution.

What are Brad Martin’s relevant qualifications for the CIO role at The First Bancorp?

Martin is a graduate of the Northern New England School of Banking and holds multiple technical and information security certifications, including Microsoft and ISC2 credentials. He was also recognized as a BAI Emerging Leader in 2018.

Is Brad Martin involved in industry or community activities related to banking technology?

Yes. He has served on the Maine Bankers Association Bank Expo Advisory Committee and currently serves on the Maine Banker’s Cyber and Technology Committee.

Does this 8-K from The First Bancorp (FNLC) include new financial results?

No. This report primarily covers the appointment of a new Chief Information Officer and related leadership transition, not financial performance.