PERRY DEXTER V 4

What Happened
Perry Dexter V, a director of First Bancorp (FBNC), received an award of 863 shares (transaction code A) on 2026-06-01. The shares were recorded at $57.99 each, for a total reported value of $50,045. This was an acquisition via award/grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-01; filing date: 2026-06-03 (filed two days after the transaction).
• Price per share reported: $57.99; total value: $50,045.
• Shares acquired: 863.
• Shares owned after the transaction: not specified in the transaction summary (not reported in the provided filing excerpt).
• Footnotes/plan details: none specified in the provided filing excerpt; the award is reported under transaction code A (award/grant).
• Timeliness: filing appears timely based on the dates shown.

Context
An "A" transaction indicates an award or grant, commonly part of director compensation programs. Such awards are acquisitions for reporting purposes but are compensation-related and do not carry the same market-sentiment signal as an open-market purchase by an insider. The filing contains no indication of a sale, tax withholding, 10b5-1 plan, or immediate disposition of the shares.