CURRIE GREGORY A 4
4 · FIRST BANCORP /NC/ · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
FIRST BANCORP (FBNC) CEO Gregory Currie Receives 7,739-Share Award
What Happened
Gregory A. Currie, Chief Executive Officer of First Bank and a director of First Bancorp (FBNC), was granted 7,739 shares of common stock under the company's Long Term Incentive Plan. The filing reports a per-share value of $62.03, for a total reported value of $480,050. This was an award/grant (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (filed within the expected two-business-day window).
- Transaction type: Award/Grant (code A).
- Shares granted: 7,739 at $62.03 per share — total value $480,050.
- Vesting: Shares vest on July 10, 2029 (per footnote).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: Grant made under the Company’s Long Term Incentive Plan.
Context
This is a time‑vesting equity compensation award intended to align executive incentives with long‑term shareholder value. Because the grant vests in 2029, it represents deferred compensation rather than an immediate market buy or sell. Such awards are common for executives and do not, by themselves, indicate a near-term trading signal.
Insider Transaction Report
- Award
Restricted Stock
[F1]2026-06-23$62.03/sh+7,739$480,050→ 33,118 total
- 30,409
Common Stock
- 3,918.36
Common Stock in 401K Plan
Footnotes (1)
- [F1]Represents shares of Common Stock granted under the Company's Long Term Incentive Plan. The shares vest on July 10, 2029.