First Bancorp /PR/: director Juan Acosta Reboyras received 1,518 shares

What happened Juan Acosta Reboyras, director, received 1,518 restricted shares at $26.34 per share on Sep 30, 2026 for $39,984. On the same date 182 shares were withheld to cover taxes at $26.34 per share for $4,794.

Key details

• Transaction date and price: Sep 30, 2026 at $26.34 per share (both the grant and the withholding).
• Shares owned after the transaction: not stated in the filing.
• Footnotes from the filing:
  • F1: Shares withheld to cover taxes related to restricted stock that vested on Sep 30, 2026 pursuant to the terms of the restricted stock award made on Sep 30, 2025.
  • F2: Represents shares of restricted stock issued on Sep 30, 2026 pursuant to the First BanCorp 2026 Omnibus Incentive Plan, which vest solely on the basis of the passage of time over a one-year period on Sep 30, 2027.
• Filing date: Oct 2, 2026. The filing does not indicate it was late.

Why it may matter

• The filing shows a restricted stock grant (1,518 shares) and a tax-withholding disposition (182 shares) related to prior restricted stock vesting.
• The new restricted shares vest solely based on passage of time on Sep 30, 2027.
• A filing does not show why the insider traded or why the company acted.