Bostian Elizabeth B 4

What Happened Elizabeth Bostian, Chief Financial Officer of First Bancorp (FBNC), was granted 2,400 shares of common stock on 2026-01-27 under the company's Annual Incentive Plan. The grant is recorded at $56.68 per share, for a total award value of $136,032. This transaction is an equity award (grant), not an open-market purchase or sale.

Key Details

• Transaction date: January 27, 2026; Filing date: January 29, 2026 (timely filed).
• Award: 2,400 shares at $56.68 per share; total value $136,032.
• Transaction code: A (award/grant).
• Vesting: Per footnote F1, the shares vest 1/3 per year on January 5, 2027, 2028 and 2029.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• No 10b5-1, tax-withholding, or sale noted in this filing.

Context This was a compensation-related equity grant under the Annual Incentive Plan. Such awards are routine for executives and vest over time, so they do not represent an immediate purchase or sale of shares. They should be viewed as part of pay and retention programs rather than a direct market sentiment signal.