Form 4: First BanCorp EVP Carlos Power Reports Stock Transaction
SEC Form 4 Filing
EVP Carlos Power reports the acquisition of 5,277 shares of First BanCorp common stock at $18.0129 per share on May 28, 2024.
Summary
- Carlos Power, an EVP at First BanCorp, reported a transaction involving the company's common stock.
- On May 28, 2024, Power acquired 5,277 shares at a price of $18.0129 per share.
- Following the transaction, Power directly owns 255,236 shares.
- Power also indirectly owns 20,178.7805 shares through a 401K plan.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by an executive, neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.
Stakeholder Impact
- The transaction provides information to shareholders regarding insider activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of stock transaction: acquisition of 5,277 shares. |
| 05/30/2024 | Date of signature on the report. |
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