Form 4: First BanCorp EVP Nayda Rivera Reports Stock Transaction
SEC Form 4 Filing
Nayda Rivera, EVP and CRO of First BanCorp, reports the withholding of shares to cover taxes related to vested restricted stock.
Summary
- On March 16, 2025, Nayda Rivera, EVP and CRO of First BanCorp, had 4,078 shares of First BanCorp common stock withheld at a price of $18.26 per share to cover taxes related to restricted stock that vested.
- Following the transaction, Rivera directly owns 232,412 shares of First BanCorp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/16/2023 | Date of long-term incentive award. |
| 03/16/2025 | Date of transaction: Shares withheld to cover taxes related to restricted stock vesting. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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