Form 4: First Bancorp Director McLamb Reports Stock Donations and Purchase
SEC Form 4 Filing
Director Carlie C. McLamb Jr. of First Bancorp /NC/ [FBNC] reported donating shares to Manna Church and purchasing additional shares through a spouse's account.
Summary
- On March 15, 2024, Carlie C. McLamb Jr., a director of First Bancorp /NC/ [FBNC], filed a Form 4 detailing changes in beneficial ownership.
- McLamb donated 281 shares of common stock directly and 25 shares indirectly (through a spouse) to Manna Church at a price of $33.84 per share.
- Additionally, McLamb's spouse acquired 306 shares of common stock at $33.84 per share.
- Following these transactions, McLamb directly owns 19,221 shares and indirectly owns 31,876 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors as they can provide insights into management's view of the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transactions (stock donation and purchase) and filing date of the Form 4. |
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