Form 4: First BanCorp EVP Carlos Power Reports Stock Purchase
SEC Form 4 Filing
Carlos Power, EVP of First BanCorp, reports the acquisition of 22,896 shares of common stock at $21.5329 per share on July 30, 2024.
Summary
- On July 30, 2024, Carlos Power, an Executive Vice President at First BanCorp, acquired 22,896 shares of First BanCorp common stock at a price of $21.5329 per share.
- Following this transaction, Power directly owns 232,340 shares of First BanCorp common stock.
- Power also indirectly owns 20,198.9449 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 07/30/2024 | Date of stock transaction |
| 08/01/2024 | Date of signature on the form |
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