Form 4: Director Michael Mayer Trades First Bancorp Shares
Statement of Changes in Beneficial Ownership
Director Michael Mayer reported a transaction involving First Bancorp common stock on May 20, 2026.
Summary
- Director Michael Mayer reported a transaction on May 20, 2026, involving 44,324 shares of First Bancorp common stock.
- The transaction was a disposition of these shares at a price of $58.58 per share.
- Following this transaction, Mr. Mayer beneficially owns 41,491.43 shares directly.
- Additionally, 1,017 shares are beneficially owned indirectly through his spouse.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard insider transaction without providing performance metrics or strategic updates.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not inherently indicate company performance, but rather the trading activity of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Earliest transaction date and transaction date for disposition of common stock. |
| 05/21/2026 | Date of signature for the filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Beneficial Ownership, Stock Transaction, Director, First Bancorp, FBNC
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