Hans Peter 4

What Happened

Hans Peter, a director of First Bancorp (FBNC), received 863 shares through an award/grant reported on Form 4. The shares were acquired on 2026-06-15 at a reported price of $57.99 per share, for a total value of roughly $50,045. This was an award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-15; reported price: $57.99 per share; total value: ~$50,045.
• Filing date: 2026-06-16 (Form 4).
• Transaction type: A = grant/award/acquisition (reported acquisition of shares).
• Shares owned after the transaction: Not specified in this Form 4 filing.
• No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the filing.

Context

Stock awards to directors are commonly part of compensation or retention programs and do not necessarily indicate the insider is buying shares in the open market. Such awards are informative about compensation practices but are less direct as a bullish signal than an outright purchase. The Form 4 was filed on 2026-06-16, within the typical reporting window for insider transactions.