CRAWFORD JAMES C III 4

What Happened

• James C. Crawford III, a director of First Bancorp (FBNC), was granted 863 shares (transaction code A — award/grant) on 2026-06-01.
• The grant price is listed at $57.99 per share, for a total value reported as $50,045 (exact math: 863 × $57.99 = $50,045.37).
• This is an acquisition/award (not a sale); purchases or grants can be taken as a positive signal but do not by themselves prove future performance.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears timely — filed two days after the transaction).
• Shares acquired: 863 at $57.99 each; reported total value $50,045.
• Transaction type/code: A (award/grant — acquisition).
• Shares owned after the transaction: not specified in the provided filing.
• No footnotes shown for 10b5-1 plans, tax withholding, or immediate resale in the provided details.

Context

• Grants to directors are commonly part of board compensation (stock awards or restricted stock) and may vest over time; the filing does not indicate vesting or sale.
• Because this is an award rather than an open-market purchase, it may reflect routine compensation rather than a direct personal investment signal. Nonetheless, insiders acquiring equity (by purchase or award) increases their stake in the company.