Capel Mary Clara 4

What Happened

• Mary Clara Capel, a retired member of First Bancorp's board, sold a total of 2,500 common shares on January 28, 2026, in multiple open-market transactions. The sales were: 600 shares at $56.91 ($34,145), 400 shares at $57.21 ($22,884), 1,000 shares at $57.50 ($57,500), and 500 shares at $57.23 ($28,614), for aggregate proceeds of approximately $143,143. These were outright sales (transaction code S), which are often routine dispositions rather than a buy signal.

Key Details

• Transaction date: 2026-01-28 (all trades). Filing date: 2026-01-29 (filed the next day).
• Prices and proceeds: 600 @ $56.91 ($34,145); 400 @ $57.21 ($22,884); 1,000 @ $57.50 ($57,500); 500 @ $57.23 ($28,614). Total ≈ $143,143.
• Shares owned after transaction: not specified in the summary provided; see the Form 4 filing for post-transaction holdings.
• Method: open market/private sale (reported as open market or private sale). Transaction code: S = Sale.
• No footnotes provided in the summary (no 10b5-1 plan or tax-withholding notes listed).

Context

• Sales by retired directors are often routine portfolio management or liquidity events and do not necessarily signal a change in company outlook. For retail investors, purchases typically carry more weight as a potential bullish indicator; this filing documents only sales. See the full Form 4 for exact holdings and any additional disclosure.