Form 4: First Bancorp Director Carlie C. McLamb Jr. Reports Gift of Shares

Sentiment:

SEC Form 4 Filing


Director Carlie C. McLamb Jr. reported a gift of 74 shares of First Bancorp /NC/ common stock.

Summary

  • On June 24, 2024, Carlie C. McLamb Jr., a director of First Bancorp /NC/, reported a transaction involving the company's common stock.
  • McLamb gifted 74 shares of common stock at a price of $30.47 per share.
  • Following the transaction, McLamb directly owns 20,336 shares and indirectly owns 31,139 shares through a spouse.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a gift of shares by a director, which is a common occurrence.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it involves a small number of shares.

Key Dates

DateDescription
06/24/2024Date of transaction (gift of common stock)
06/28/2024Date of signature on the report

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