First Bancorp (FNLC) Form 4: Tolman Sells 175 Shares; Holdings Disclosed

Rhea-AI Filing Summary

Insider sale reported: Sarah J. Tolman, Executive Vice President and Chief Banking Officer of First Bancorp, Inc. (FNLC), reported a sale of 175 shares of the company's common stock on 08/19/2025 at a price of $26.03 per share. The Form 4 lists reported beneficial ownership positions following the transaction: 12,430 (direct), 5,396.359 (indirect, through 401(k) plan) and 50.7791 (indirect, through Employee Stock Purchase Plan).

Positive

• Transparency: The filing clearly discloses the sale amount, price and beneficial ownership split, meeting disclosure requirements
• Diversified holdings: Ownership is partly held in long-term plans (401(k) and ESPP), indicating ongoing alignment with company equity

Negative

• Disposition: The reporting person sold 175 shares, reducing direct ownership by that amount

Insights

Corporate Governance Expert

TL;DR: Routine small insider sale by a senior officer; not indicative of material governance change.

The reported disposition of 175 shares by an executive officer appears to be a routine transaction. The filing identifies the reporting person as EVP and Chief Banking Officer and discloses both direct and indirect holdings, including retirement and employee purchase plan balances. There is no indication of additional derivative transactions or unusual transfers. Based solely on the form, this is a standard Section 16 disclosure without material governance implications.

Securities / Market Analyst

TL;DR: Small-volume sale at $26.03; reported holdings remain modest and split between direct and plan-based accounts.

The Form 4 shows a single non-derivative sale of 175 shares at $26.03. Reported beneficial ownership after the transaction includes a direct holding and amounts held indirectly via a 401(k) and an Employee Stock Purchase Plan. There are no option exercises or additional dispositions disclosed. The transaction size is small relative to typical public-company capitalization and does not, by itself, signal a material change in insider exposure.

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
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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^*

Tolman Sarah

(Last) (First) (Middle)

PO BOX 940

(Street)

DAMARISCOTTA ME 04543

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
First Bancorp, Inc /ME/ [ FNLC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Banking Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/19/2025		S		175	D	$26.03	50.7791	I	Through Employee Stock Purchase Plan
Common Stock								12,430	D
Common Stock								5,396.359	I	Through 401(k) Plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Sarah J. Tolman	08/19/2025
	** 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.

FAQ

What transaction did Sarah J. Tolman report for FNLC?

She reported a sale of 175 shares of First Bancorp (FNLC) common stock on 08/19/2025 at $26.03 per share.

How much FNLC stock does the reporting person own after the transaction?

The Form 4 lists beneficial ownership following the transaction as 12,430 (direct), 5,396.359 (indirect, through 401(k) plan) and 50.7791 (indirect, through Employee Stock Purchase Plan).

What is Sarah Tolman's role at First Bancorp (FNLC)?

She is reported as an Officer with the title EVP, Chief Banking Officer.

Does the filing show any derivative or option transactions?

No. The Form 4 discloses only non-derivative common stock transactions and contains no derivative securities entries.

Was this Form 4 filed jointly or by one reporting person?

The form indicates it was filed by one reporting person.