Form 4: First Bancorp Director Reports Gift of Shares
SEC Form 4 Filing
Director Carlie C McLamb Jr. reported a gift of 737 common stock shares of First Bancorp /NC/ (FBNC) at a price of $30.22 on June 21, 2024.
Summary
- On June 21, 2024, Carlie C McLamb Jr., a director of First Bancorp /NC/ (FBNC), reported a transaction involving the company's common stock.
- The transaction involved a gift of 737 shares of common stock.
- The price per share was $30.22.
- Following the transaction, McLamb directly owns 20,410 shares and indirectly owns 31,139 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a company insider, as required by the Securities and Exchange Act of 1934. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction itself is unlikely to have a significant impact on stakeholders.
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Date of transaction (gift of shares) |
| 06/24/2024 | Date of signature on the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.