CURRIE GREGORY A 4
4 · FIRST BANCORP /NC/ · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
First Bancorp (FBNC) CEO Gregory Currie Receives 4,679-Share Award
What Happened
Gregory A. Currie, Chief Executive Officer and Director of First Bancorp (FBNC), was granted 4,679 shares of common stock on 2026-01-27. The grant price listed was $56.68 per share, for an aggregate award value of $265,206. This transaction is an award of company stock (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-01-27 at $56.68 per share (total value $265,206).
- Vesting: The shares were granted under the company’s Annual Incentive Plan and vest 1/3 per year on January 5, 2027, 2028 and 2029 (footnote).
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Reported on Form 4 with Period of Report 2026-01-27 and filed 2026-01-29 (appears timely).
- No 10b5-1 trading plan, tax-withholding, or immediate sale noted in the supplied information.
Context
This was a compensation award tied to the company’s incentive plan, so the shares will typically be subject to vesting and possible transfer restrictions until vested. Awards like this are common for executive compensation and do not represent an open-market purchase or disposition.
Insider Transaction Report
- Award
Restricted Stock
[F1]2026-01-27$56.68/sh+4,679$265,206→ 25,379 total
- 30,409
Common Stock
- 3,644.55
Common Stock in 401K Plan
Footnotes (1)
- [F1]Represents shares of common stock granted under the Company's Annual Incentive Plan. The shares will vest 1/3 per year on January 5, 2027, 2028 and 2029.