Bostian Elizabeth B 4/A
4/A · FIRST BANCORP /NC/ · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
First Bancorp (FBNC) CFO Elizabeth Bostian Withholds 1,887 Shares
What Happened Elizabeth B. Bostian, Chief Financial Officer of First Bancorp (FBNC), had 1,887 shares withheld by the company to satisfy income tax obligations on previously granted shares. The shares were valued at $63.53 each, for a total of $119,881. This filing is an amended Form 4 reporting that disposition (code F — tax withholding).
Key Details
- Transaction date: 2026-06-29; Filing date: 2026-07-02 (amended filing).
- Shares withheld/disposed: 1,887 at $63.53 per share; total value reported $119,881.
- Transaction type/code: F — shares withheld to satisfy income taxes on previously granted shares (footnote F1).
- Shares owned after the transaction: Not specified in the information provided in this summary.
- Amended filing: This Form 4 is marked AMENDED; check the full filing for the amendment reason or additional corrections.
Context A withholding (code F) is typically a routine, non-market disposition where the company retains shares to cover tax withholding on compensation (e.g., vested RSUs). Such transactions do not necessarily signal insider selling for investment reasons. For investors, outright purchases or open-market sales by insiders tend to be more informative about sentiment.
Insider Transaction Report
- Tax Payment
Restricted Stock
[F1]2026-06-29$63.53/sh−1,887$119,881→ 14,506 total
- 20,472
Common Stock
- 1,002.978
Common Stock in 401K Plan
Footnotes (1)
- [F1]Represents shares withheld by the Company to satisfy income taxes on shares previously granted and reported on Form 4.