First Bancorp (FNLC) EVP Sarah Tolman Sells 5,200 Shares

What Happened
Sarah Tolman, Executive Vice President and Chief Banking Officer of First Bancorp, reported a sale of 5,200 shares on July 28, 2026. The shares were disposed at $35.22 each for total proceeds of $183,144. This was a sale (not a purchase or option exercise) reported as an open-market or private sale.

Key Details

• Transaction date: 2026-07-28; Price: $35.22 per share; Shares sold: 5,200; Proceeds: $183,144.
• Filing date (Form 4): 2026-07-29 (filed the next day).
• Shares owned after the transaction: not specified in the summary provided / not reported in the data shown.
• Footnotes/plan status: no 10b5-1 plan, tax-withholding, or other footnotes indicated in the supplied transaction details.
• Transaction code: S (sale).

Context
Insider sales are often routine (e.g., for diversification, liquidity, or planned arrangements) and do not by themselves indicate a change in the company’s outlook. Because this was a direct sale, it’s not a derivative exercise or gift. Retail investors may want to review the full Form 4 filing for any additional disclosures (holding totals, footnotes, or linked 10b5-1 plans) before drawing conclusions.