McKim Tony C 4
4 · First Bancorp, Inc /ME/ · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
First Bancorp CEO Tony McKim Surrenders 2,243 Shares for Taxes
What Happened
Tony C. McKim, President & CEO and Director of First Bancorp, surrendered 2,243 shares on January 27, 2026. The shares were disposed at $27.10 per share for a total value of $60,785 to satisfy tax withholding or exercise-price obligations (transaction code F). This was a tax-withholding/net-share settlement, not an open-market sale for cash.
Key Details
- Transaction date: 2026-01-27
- Price per share: $27.10; Shares surrendered: 2,243; Total value: $60,785
- Transaction code: F (payment of exercise price or tax liability / tax withholding)
- Shares owned after transaction: not disclosed in the Form 4 filing
- Filing: Form 4 filed on 2026-01-27 (same-day report; appears timely)
- Accession number: 0000765207-26-000021
Context
Code F transactions typically reflect withholding of shares to cover taxes after option exercises or restricted stock vesting (a routine administrative matter). This type of disposal does not necessarily indicate a change in the insider's view of the company; it’s a tax-related settlement rather than a voluntary cash sale.
Insider Transaction Report
- Tax Payment
Common Stock
2026-01-27$27.10/sh−2,243$60,785→ 120,473 total
- 13,861.175(indirect: By 401(k))
Common Stock