Form 4: First Bancorp Director Reports Stock Transactions
SEC Form 4
Carlie C. McLamb Jr., a director at First Bancorp /NC/, reported gifting shares and a purchase of shares by spouse.
Summary
- On June 11, 2024, Carlie C. McLamb Jr., a director of First Bancorp /NC/, gifted 1,189 shares of common stock.
- Following this transaction, McLamb directly owns 19,221 shares.
- Also on June 11, 2024, McLamb gifted 1,189 shares to spouse, who now indirectly owns 33,065 shares.
- On June 24, 2024, McLamb's spouse purchased 811 shares at $30.47, increasing indirect ownership to 33,139 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | Director gifted 1,189 shares of common stock. |
| 06/11/2024 | Director gifted 1,189 shares to spouse. |
| 06/24/2024 | Spouse purchased 811 shares at $30.47. |
| 02/21/2025 | Signature date of Attorney in-fact. |
Keywords
FBNC, First Bancorp, Director, Stock, Carlie C. McLamb Jr., Form 4, Beneficial Ownership
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