Form 4: First BanCorp Director Daniel Edward Frye Reports Stock Sale
SEC Form 4 Filing
Director Daniel Edward Frye sold 7,662 shares of First BanCorp (FBP) common stock on November 6, 2024.
Summary
- On November 6, 2024, Daniel Edward Frye, a director of First BanCorp, sold 7,662 shares of the company's common stock.
- The sale price was $21.262 per share.
- Following the transaction, Frye directly owns 17,854 shares of First BanCorp common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of stock sale transaction |
| 11/08/2024 | Date of signature on the Form 4 filing |
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