Form 4: First Bancorp Director Dexter V Perry Acquires and Disposes of Common Stock
SEC Form 4 Filing
Director Dexter V Perry reports acquiring and disposing of First Bancorp (FBNC) common stock on May 31, 2024.
Summary
- On May 31, 2024, Dexter V Perry, a director of First Bancorp /NC/ (FBNC), engaged in transactions involving the company's common stock.
- Perry acquired 1,189 shares of common stock at a price of $31.55 per share.
- Perry also disposed of 6,278 shares of common stock.
- Following these transactions, the total number of shares beneficially owned by Perry is 6,278.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing reflecting stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like directors, who trade in their company's stock. It provides transparency to the market regarding the trading activities of those with privileged information.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of stock acquisition and disposal transactions. |
| 06/03/2024 | Date of signature by Attorney in-fact. |
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