Capel Mary Clara 4
Research Summary
AI-generated summary
First Bancorp (FBNC) Retired Director Mary Clara Capel Sells Shares
What Happened Mary Clara Capel, a retired member of First Bancorp's board, reported the sale of 5,000 shares on 2026-02-03. The Form 4 lists a price of $59.31 per share for a total value of approximately $296,554. The filing classifies the transaction as an open market or private sale (transaction code S), i.e., a disposition of shares rather than a purchase.
Key Details
- Transaction date: 2026-02-03; Form 4 filed: 2026-02-04 (filed next day; not indicated as late).
- Reported price: $59.31 per share; reported total value: $296,554.
- Shares sold: 5,000 (disposed).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: F1 notes the transaction was executed in multiple trades at various prices; the filer will provide a full breakdown of prices upon request.
- Transaction code: S = Sale.
Context Sales by retired directors can be routine (e.g., portfolio rebalancing or personal liquidity) and do not necessarily indicate a change in company outlook. Purchases typically carry more weight for signaling insider confidence; this report documents a disposition only.