Mayer Michael Goodwin 4

What Happened

Michael Goodwin, a director of First Bancorp (FBNC), was granted 863 shares on 2026-06-01. The award was recorded at an acquisition price of $57.99 per share, a total value of approximately $50,045. This transaction is coded as an award/grant (A)—an acquisition rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-01; filing date (Form 4): 2026-06-03 (filed within the typical two-business-day window).
• Shares granted: 863 at $57.99 each; total value ≈ $50,045.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes/plan mentions: none reported in the provided data.
• Transaction type: Award/Grant (common for director compensation), not a sale.

Context

Grants to directors are commonly part of regular compensation packages (restricted stock or similar awards) and do not necessarily signal the director buying stock as a personal investment. For retail investors, purchases or open-market buys can be a clearer indicator of personal conviction; awards are often compensation-driven. This Form 4 shows a timely filing and no additional qualifiers were reported.