First Bancorp, Inc /ME/·4

Feb 2, 12:04 PM ET

Russell Cornelius J 4

4 · First Bancorp, Inc /ME/ · Filed Feb 2, 2026

Research Summary

AI-generated summary of this filing

Updated

First Bancorp (FNLC) Director Russell Cornelius Receives 750-Share Award

What Happened
Russell J. Cornelius, a director of First Bancorp, Inc. (FNLC), was granted 750 shares on January 29, 2026. The reported acquisition price is $0.00, indicating these shares were issued as an award or grant rather than bought on the open market.

Key Details

  • Transaction date: 2026-01-29
  • Transaction type/code: Award/Grant (Form 4 code "A")
  • Shares acquired: 750; Price per share reported: $0.00 (total cash paid = $0)
  • Filing date: 2026-02-02 (filed within the typical Form 4 reporting window)
  • Shares owned after the transaction: Not specified in the provided filing details
  • No additional footnotes (e.g., 10b5-1, tax withholding) were included in the supplied summary

Context
Stock awards to directors are common compensation practices and reflect issuance of shares rather than an out-of-pocket purchase. Such grants do not by themselves indicate the director is buying or selling based on near-term views of the company; they are typically part of routine compensation or equity retention programs.

Insider Transaction Report

Form 4
Period: 2026-01-29
Transactions
  • Award

    Common Stock

    2026-01-29+7503,750 total
Holdings
  • Common Stock

    (indirect: Through Employee Stock Purchase Plan)
    13,622.081
Signature
Cornelius J. Russell|2026-01-29

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES