First Bancorp (FNLC) EVP Sarah Tolman sells 5,200 shares at $35.22
Rhea-AI Filing Summary
First Bancorp, Inc. executive Sarah Tolman, EVP and Chief Banking Officer, reported a sale of 5,200 shares of common stock on July 28, 2026 in an open-market or private transaction at $35.22 per share. She continues to hold First Bancorp common stock indirectly, including 52.8554 shares through an Employee Stock Purchase Plan and 6,090.569 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,200 shares
Net Sell
4 txns
Insider
Tolman Sarah
Role
EVP, Chief Banking Officer
Sold
5,200 shs ($183K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,200 | $35.22 | $183K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,552 shares (Direct);
Common Stock — 52.8554 shares (Indirect, Through Employee Stock Purchase Plan);
Common Stock — 6,090.569 shares (Indirect, Through 401 (K) Plan)
Key Figures
Shares sold: 5,200 shares
Sale price: $35.22 per share
ESPP holdings: 52.8554 shares
+2 more
5 metrics
Shares sold
5,200 shares
Common stock sale on July 28, 2026
Sale price
$35.22 per share
Price for 5,200 common shares sold
ESPP holdings
52.8554 shares
Indirect holdings through Employee Stock Purchase Plan after transaction
401(k) holdings
6,090.569 shares
Indirect holdings through 401(k) Plan after transaction
Net shares sold
5,200 shares
Net buy/sell direction reported as net-sell
Key Terms
Employee Stock Purchase Plan, 401 (K) Plan, indirect ownership
3 terms
Employee Stock Purchase Plan financial
"nature_of_ownership: "Through Employee Stock Purchase Plan""
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
401 (K) Plan financial
"nature_of_ownership: "Through 401 (K) Plan""
indirect ownership financial
"ownership_type listed as "indirect" for plan holdings"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FNLC executive Sarah Tolman report?
Sarah Tolman reported a sale of 5,200 shares of First Bancorp common stock on July 28, 2026 at $35.22 per share in an open-market or private transaction.
What is Sarah Tolman’s role at First Bancorp (FNLC)?
Sarah Tolman is an officer of First Bancorp, serving as EVP, Chief Banking Officer. The reported transaction involves her holdings of the company’s common stock.
Was the FNLC insider transaction made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmatively using such a plan, and no footnote describes a trading plan for this sale.