ELDER RICHARD M 4

What Happened Richard M. Elder, EVP and Chief Financial Officer of First Bancorp, Inc. (FNLC), had 651 shares withheld on January 27, 2026 to satisfy a tax or exercise-related liability (transaction code F). The shares were valued at $27.10 each, for a total disposition of roughly $17,642. This is a withholding to cover taxes/exercise costs rather than an open-market sale intended as a cash-out.

Key Details

• Transaction date: 2026-01-27
• Transaction type/code: Payment of exercise price or tax liability (F) — disposition via share withholding
• Shares withheld/disposed: 651 at $27.10 each
• Reported value: $17,642 (as reported)
• Shares owned after transaction: Not specified in the provided summary of the filing
• Filing timeliness: Form filed on 2026-01-27 (same day), indicating a timely report

Context Code F typically reflects a "sell-to-cover" or net-share settlement where shares are withheld to pay taxes or the exercise price following an option exercise or vesting event. These withholdings are routine administrative steps and do not necessarily indicate the insider's view on the company's prospects.