ELDER RICHARD M 4
Research Summary
AI-generated summary
First Bancorp (FNLC) CFO Richard Elder Receives 3,304-Share Award
What Happened
- Richard M. Elder, Executive Vice President and Chief Financial Officer of First Bancorp, received an award of 3,304 shares on January 29, 2026. The shares were reported as acquired at $0.00 per share (transaction code A), indicating a grant or vesting of equity rather than a cash purchase. The reported acquisition value is $0 in the filing.
Key Details
- Transaction date: 2026-01-29; Filing date: 2026-01-30 (filed promptly).
- Transaction type/code: A = Award/Grant (shares reported at $0.00).
- Shares acquired: 3,304; per-share price reported: $0.00; reported cash value: $0.
- Shares owned after transaction: Not specified in the Form 4 provided.
- Footnotes/plan details: None specified in the filing.
Context
- Grants or vesting (code A) are typically part of executive compensation (stock awards or RSU vesting) and do not reflect an open-market purchase or sale. Such awards are compensation-related; they may be subject to transfer restrictions or vesting schedules and do not by themselves indicate the insider’s view of the stock.