FIRST BANCORP Insider Diaz-Bento Files Ownership Change

Diaz-Bento Lilian 4 Filing Summary
FieldDetail
CompanyDiaz-Bento Lilian
Form Type4
Filed DateMar 23, 2026
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$0.10
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: insider-filing, ownership-change, form-4

TL;DR

**Insider Lilian Diaz-Bento filed a Form 4 for FIRST BANCORP, signaling a change in her stock ownership.**

AI Summary

This Form 4 filing, dated March 23, 2026, indicates that Lilian Diaz-Bento, an insider at FIRST BANCORP /PR/, has filed a statement of changes in beneficial ownership of securities. While the filing itself doesn't detail specific transactions, it signals that a change in her holdings occurred around March 19, 2026. This matters to investors because insider transactions can sometimes provide clues about the company's future prospects, as insiders typically have more information than the public.

Why It Matters

Insider transaction filings like this can signal management's confidence (or lack thereof) in the company's future, which can influence investor sentiment.

Risk Assessment

Risk Level: low — This filing is purely informational and does not inherently pose a direct risk, but rather provides data for investors to analyze.

Analyst Insight

A smart investor would look for the specific transaction details within the full Form 4 document to understand if Diaz-Bento bought or sold shares, and the quantity, before drawing conclusions about the company's prospects.

Key Players & Entities

  • Diaz-Bento Lilian (person) — Reporting Person, insider at FIRST BANCORP /PR/
  • FIRST BANCORP /PR/ (company) — Issuer of the securities
  • 0001860723 (person) — CIK for Diaz-Bento Lilian
  • 0001057706 (company) — CIK for FIRST BANCORP /PR/

FAQ

What is the purpose of this Form 4 filing by Lilian Diaz-Bento?

This Form 4 is a 'Statement of changes in beneficial ownership of securities,' indicating that Lilian Diaz-Bento, an insider at FIRST BANCORP /PR/, has had a change in her ownership of the company's securities as of the Period of Report date, March 19, 2026.

When was this Form 4 filing accepted by the SEC?

The Form 4 filing was accepted by the SEC on March 23, 2026, at 18:30:02.

Filing Stats: 865 words · 3 min read · ~3 pages · Grade level 7.9 · Accepted 2026-03-23 18:30:02

Key Financial Figures

  • $0.10 — First BanCorp Common Stock, par value $0.10 per share 03/19/2026 A 9,689 (1) A $ 20

Filing Documents

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Diaz-Bento Lilian (Last) (First) (Middle) PO BOX 9146 (Street) SAN JUAN PUERTO RICO 00908 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol FIRST BANCORP /PR/ [ FBP ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) EVP 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/19/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price First BanCorp Common Stock, par value $0.10 per share 03/19/2026 A 9,689 (1) A $ 20.59 65,228 D First BanCorp Common Stock, par value $0.10 per share 03/21/2026 F 853 (2) D $ 20.57 64,375 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Performance Share Unit (3) 03/19/2026 A 9,689 (3) 03/19/2029 Common Stock 9,689 $ 0 28,984 (4) D Explanation of Responses: 1. Shares of restricted stock issued pursuant to the First BanCorp Omnibus Incentive Plan, as amended. The shares shall fully vest solely on the basis of the passage of time over a three-year period, with 50% vesting on year two or March 19, 2028, and the remaining 50% vesting on year three or March 19, 2029. 2. Shares withheld to cover taxes related to restricted stock that vested on March 21, 2026 pursuant to the terms of the restricted stock award made on March 21, 2024. 3. Performance Share Units granted as a performance award, vesting based upon degree of achievement of performance goal. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. At the end of the performance period, 50% of the award is paid for threshold-level performance up to 150% for maximum level performance, in FBP common stock free of restriction. Amounts between threshold, target, and maximum level performance are interpolated to reward incremental achievement and no amounts are paid if actual results of the performance goal are below threshold-level performance. 4. The amount of 28,984 Performance Share Units were granted as a performance award with 9,823 shares granted on March 21, 2024, 9,472 shares granted on March 19, 2025, and 9,689 shares granted on March 19, 2026 and vest upon the degree of achievement of performance goals. Each Performance Share Unit represents a contingent right to receive one share of FBP common stock. /s/ Adolfo Sepulveda, Es., Attorney-in-Fact 03/23/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intent

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