Capel Mary Clara 4
Research Summary
AI-generated summary
First Bancorp (FBNC) Retired Board Member Mary Clara Capel Sells 2,642 Shares
What Happened
Mary Clara Capel, a retired member of First Bancorp's board, reported selling 2,642 shares of First Bancorp (FBNC) on January 30, 2026. The filing shows an aggregate proceeds value of $152,568 at a reported price of $57.75 per share. This was a sale (code S) — sales by retired directors are often routine portfolio moves and do not necessarily indicate a change in view about the company.
Key Details
- Transaction date: 2026-01-30 (reported on Form 4 filed 2026-02-03) — filing appears timely (within required 2 business days).
- Reported price/aggregate: $57.75 per share (aggregate $152,568). Footnote F1 states the transaction was executed in multiple trades at various prices; the filer will provide a full breakdown on request.
- Transaction type: Sale (open market or private sale as indicated).
- Shares owned after transaction: Not specified in this Form 4.
- No indication in this filing of a 10% owner status, option exercise, 10b5-1 plan, or tax-withholding related disposition.
Context
Sales by non-executive or retired directors can be for diversification, liquidity, or other personal reasons and aren’t by themselves proof of company prospects. For investors tracking insider activity, purchases are often more informative than routine sales; if you need the trade-by-trade price breakdown mentioned in F1, the filer says it is available on request.