FNLC (NASDAQ: FNLC) EVP withholds 1,865 shares for tax obligations
Rhea-AI Filing Summary
First Bancorp, Inc. (FNLC) executive Tammy L. Plummer, EVP and Chief Information Officer, reported a Form 4 transaction on January 27, 2026. She disposed of 1,865 shares of common stock in a transaction coded "F" at a price of $27.10 per share, which indicates shares were withheld to cover taxes on equity compensation. After this transaction, she directly owned 11,444 shares of common stock. She also reported indirect holdings of 2,045.9581 shares through an Employee Stock Purchase Plan and 9,625.453 shares through a 401(k) plan.
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FAQ
What insider transaction did FNLC executive Tammy L. Plummer report?
Tammy L. Plummer, EVP and Chief Information Officer of First Bancorp, Inc. (FNLC), reported a Form 4 transaction where 1,865 shares of common stock were disposed of in a transaction coded "F" on January 27, 2026.
What does the transaction code "F" mean in the FNLC Form 4 filing?
The transaction code "F" indicates shares were disposed of to satisfy tax withholding obligations related to equity compensation, rather than an open-market sale initiated for investment purposes.
At what price were the FNLC shares used for tax withholding?
The 1,865 FNLC common shares used to satisfy tax withholding were valued at $27.10 per share in the reported transaction.
How many FNLC shares does Tammy L. Plummer own directly after this transaction?
Following the tax-withholding transaction, Tammy L. Plummer directly owned 11,444 shares of First Bancorp, Inc. common stock.
What indirect FNLC share holdings does Tammy L. Plummer report?
In addition to her direct holdings, Tammy L. Plummer reported 2,045.9581 shares held indirectly through an Employee Stock Purchase Plan and 9,625.453 shares held indirectly through a 401(k) Plan.
What is Tammy L. Plummer’s role at First Bancorp, Inc. (FNLC)?
Tammy L. Plummer is an Executive Vice President (EVP) and Chief Information Officer of First Bancorp, Inc. (FNLC), as disclosed in the Form 4 filing.