CURRIE GREGORY A 4/A
Research Summary
AI-generated summary
First Bancorp (FBNC) CEO Gregory Currie Withholds 2,096 Shares for Taxes
What Happened
Gregory A. Currie, CEO and director of First Bancorp (FBNC), had 2,096 shares withheld by the company on June 29, 2026 to satisfy income tax liability related to previously granted shares. The shares were withheld at $63.53 each, a total value of $133,159. This is an amended Form 4 reporting the withholding; the transaction is coded as an F (payment of exercise price or tax liability), which is a routine tax-withholding disposition rather than an open-market sale.
Key Details
- Transaction date: 2026-06-29
- Transaction type/code: Tax withholding / payment of tax liability (F) — shares disposed/withheld by the company
- Shares involved: 2,096 shares withheld
- Withholding price/value: $63.53 per share; total $133,159
- Footnote: F1 — shares were withheld by the company to satisfy income taxes on shares previously granted and reported on Form 4
- Filing status: This is an amended Form 4 (amendment noted on filing).
- Shares owned after transaction: Not specified in the provided excerpt (see the full Form 4 for post-transaction holdings).
Context
Tax-withholding dispositions (F code) are common when executives receive equity awards: the company retains or sells a portion of the award to cover required taxes. These transactions are administrative and do not necessarily indicate the insider’s view on the company’s stock price. For a complete picture of Currie’s holdings and prior grants, consult the full amended Form 4 filing.