Tolman Sarah 4

What Happened
Sarah Tolman, Executive Vice President and Chief Banking Officer of First Bancorp, was granted 2,926 shares on January 29, 2026. The transaction is reported as an award/acquisition (code A) at $0.00 per share (total reported value $0), indicating a compensation grant or similar award rather than a market purchase.

Key Details

• Transaction date: 2026-01-29; Form 4 filed: 2026-01-30 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 2,926; price per share reported: $0.00; total reported value: $0.
• Shares owned after the transaction: not listed in the provided filing details.
• No footnotes or plan details provided in the supplied data (e.g., vesting schedule or 10b5‑1 plan not indicated).

Context
A reported acquisition at $0.00 typically reflects a compensation award (such as restricted stock or RSUs) rather than a cash purchase on the open market. Such awards often vest over time and are part of executive compensation; they do not by themselves indicate a buy/sell sentiment. This Form 4 was filed within the standard SEC reporting window (insiders generally must file within two business days), so the report appears timely.