Form 4 for FBP FIRST BANCORP /PR/
Accepted 2026-03-23 00:00:00 ET · period of report 2026-03-19 · accession 0001193125-26-120157 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-03-23 | 2026-03-21 | FBP | Pavia Juan Carlos | EVP, COO | F - Tax | $20.57 | -1,474 | 98.9K | -1% | -$30.3K |
| D | 2026-03-23 | 2026-03-19 | FBP | Pavia Juan Carlos | EVP, COO | A - Grant | $20.59 | +11.6K | 100.3K | +13% | +$238.5K |
| D | 2026-03-23 | 2026-03-19 | FBP | Pavia Juan Carlos | EVP, COO | A - Grant | $0.00 | +11.6K | 31.9K | +57% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | First BanCorp Common Stock, par value $0.10 per share | 2026-03-21 | F | D | 1,474 | $20.57 | 98,870 | D | — | — | (F2) Shares withheld to cover taxes related to restricted stock that vested on March 21, 2026 pursuant to the terms of the restricted stock award made on March 21, 2024. |
| 2 | Common | First BanCorp Common Stock, par value $0.10 per share | 2026-03-19 | A | A | 11,583 | $20.59 | 100,344 | D | — | — | (F1) Shares of restricted stock issued pursuant to the First BanCorp Omnibus Incentive Plan, as amended. The shares shall fully vest solely on the basis of the passage of time over a three-year period, with 50% vesting on year two or March 19, 2028, and the remaining 50% vesting on year three or March 19, 2029. |
| 3 | Derivative | Performance Share Unit | 2026-03-19 | A | A | 11,583 | $0.00 | 31,894 | D | — · — to 2029-03-19 | 11,583 Common Stock | (F4) The amount of 31,894 Performance Share Units were granted as a performance award with 9,828 shares granted on March 21, 2024, 10,483 shares granted on March 19, 2025, and 11,583 shares granted on March 19, 2026 and vest upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. (F3) Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance. |