Form 4: FNLC Exec Sells Shares for Tax Obligation

Sentiment:

Insider Transaction Report


First Bancorp's EVP and Chief Information Officer, Tammy L Plummer, reported the disposition of 1,865 common shares to cover tax liabilities at a price of $27.1 per share.

Summary

  • Tammy L Plummer, EVP, Chief Information Officer of First Bancorp, Inc. (FNLC), reported a transaction.
  • On January 27, 2026, Plummer disposed of 1,865 shares of common stock.
  • The shares were disposed of at a price of $27.1 per share.
  • This transaction was coded as 'F', indicating payment of exercise price or tax liability by delivering or withholding securities.
  • Following this transaction, Plummer directly owns 11,444 shares of common stock.
  • Additionally, Plummer indirectly owns 2,045.9581 shares through an Employee Stock Purchase Plan and 9,625.453 shares through a 401(k) Plan.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction (disposition for tax liability) and does not inherently indicate positive or negative sentiment about the company's future prospects.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing for a financial institution executive, common across all industries when executives receive equity compensation and need to cover tax obligations.

Stakeholder Impact

  • Shareholders: A minor reduction in direct insider ownership, offset by the routine nature of the transaction for tax purposes. No significant impact on company strategy or operations.

Key Dates

DateDescription
01/27/2026Date of disposition of common stock by Tammy L Plummer.

Keywords

First Bancorp, FNLC, Tammy L Plummer, Insider Trading, SEC Form 4, Stock Disposition, Executive Compensation, Tax Liability

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