Form 4: First Bancorp EVP, CAO Susan A. Norton Sells Shares
SEC Form 4 Filing
Susan A. Norton, EVP, CAO of First Bancorp, Inc /ME/, sold 500 shares of common stock on July 26, 2024, at a price of $29.03 per share.
Summary
- On July 26, 2024, Susan A. Norton, EVP, CAO of First Bancorp, Inc /ME/, sold 500 shares of common stock.
- The transaction was executed at a price of $29.03 per share.
- Following the transaction, Norton directly owns 24,415 shares of common stock.
- Norton also indirectly owns 766.2553 shares through the Employee Stock Purchase Plan, 8,360.46 shares through the 401(k) Plan, and 481.1617 shares by an adult child.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive sold a small portion of their holdings, which doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a standard SEC Form 4 filing, indicating a change in beneficial ownership by a company insider. These filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 07/26/2024 | Date of transaction: Susan A. Norton sold 500 shares of First Bancorp, Inc /ME/ common stock. |
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