First BanCorp. Files 8-K on Security Holder Vote Matters

Ticker: FBP · Form: 8-K · Filed: 2025-05-27T00:00:00.000Z

Sentiment: neutral

Topics: shareholder-vote, corporate-governance, disclosure

Related Tickers: BPR

TL;DR

First BanCorp. (BPR) filed an 8-K for a shareholder vote matter. Keep an eye on this.

AI Summary

On May 21, 2025, First BanCorp. filed an 8-K report detailing a submission of matters to a vote of security holders. The filing, made on May 27, 2025, pertains to the company's operations in Puerto Rico and its status as a commercial bank.

Why It Matters

This filing indicates that First BanCorp. is engaging in a process that requires shareholder approval, which could impact corporate governance or strategic decisions.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholder vote matter and does not inherently signal significant financial distress or operational risk.

Key Numbers

Key Players & Entities

FAQ

What specific matters are being submitted to a vote of security holders?

The filing does not specify the exact matters to be voted on, only that a submission of such matters is being reported.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on May 21, 2025.

What is the principal executive office address of First BanCorp.?

The principal executive offices are located at 1519 Ponce de Leon Ave., P.O. Box 9146, San Juan, Puerto Rico 00908-0146.

What is the SIC code for First BanCorp.?

The Standard Industrial Classification (SIC) code is 6022 for Commercial Banks.

Is this filing related to any specific corporate action like an acquisition or merger?

The filing states it is for 'Submission of Matters to a Vote of Security Holders' and does not explicitly mention an acquisition or merger.

From the Filing

0001140361-25-020499.txt : 20250527 0001140361-25-020499.hdr.sgml : 20250527 20250527163910 ACCESSION NUMBER: 0001140361-25-020499 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250521 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20250527 DATE AS OF CHANGE: 20250527 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST BANCORP /PR/ CENTRAL INDEX KEY: 0001057706 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance EIN: 660561882 STATE OF INCORPORATION: PR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14793 FILM NUMBER: 25989297 BUSINESS ADDRESS: STREET 1: 1519 PONCE DE LEON AVE STREET 2: SANTURCE CITY: SAN JUAN STATE: PR ZIP: 00908-0146 BUSINESS PHONE: 7877298200 MAIL ADDRESS: STREET 1: 1519 PONCE DE LEON AVE STREET 2: PO BOX 9146 CITY: SAN JUAN STATE: PR ZIP: 00908-0146 8-K 1 ef20049696_8k.htm 8-K false 0001057706 0001057706 2025-05-21 2025-05-21 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): May 21, 2025 First BanCorp. (Exact Name of Registrant as Specified in its Charter) Puerto Rico 001-14793 66-0561822 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 1519 Ponce de Leon Ave . P.O. Box 9146 San Juan , Puerto Rico     00908-0146 (Address of Principal Executive Offices)   (Zip Code) ( 787 ) 729-8200 (Registrant’s Telephone Number, including Area Code) Not applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock ($0.10 par value) FBP New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ☐   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Item 5.07 Submission of Matters to a Vote of Security Holders At the Annual Meeting of Stockholders of First BanCorp (the “Corporation”) held on May 21, 2025, stockholders of the Corporation voted on the following proposals, which are described in more detail in the Corporation’s Definitive Proxy Statement on Schedule 14A for the 2025 Annual Meeting of Stockholders filed by the Corporation with the Securities and Exchange Commission on April 8, 2025. The voting results are as follows: Proposal 1 – Election of Directors Director Nominees : Votes For   Votes Against   Votes Abstained             Juan Acosta Reboyras 142,338,873   1,332,246   50,078 Aurelio Alemán 142,669,637   1,003,559   48,001 Luz A. Crespo 139,890,985   3,534,881   295,331 Tracey Dedrick 141,961,373  

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