Nevin Katharine Caldwell 4

What Happened
Nevin Katharine Caldwell, a director of FIRST BANCORP (FBNC), acquired 863 shares through an award/grant (transaction code A) on 2026-06-15. The shares were recorded at $57.99 each, for a total reported value of $50,045. This was an acquisition (an award), not a sale or option exercise.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-16 (timely filing).
• Transaction type: Award/Grant (SEC Form 4 code A).
• Shares acquired: 863 at $57.99 per share — total value $50,045.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes/plan details: None provided in the supplied data.
• Accession: 0000811589-26-000113; Period of report: 2026-06-15.

Context
An "A" code indicates an equity award or grant (commonly restricted stock or a similar award) as part of compensation or director pay. Such grants are routine for directors and do not necessarily indicate immediate buying or selling pressure—vesting schedules or restrictions often apply. The filing appears timely (next-day report), which is typical for insiders required to report changes in ownership.