FIRST BANCORP Insider Lopez-Lay Ginoris Files Ownership Change

TL;DR

**Insider Lopez-Lay Ginoris at FIRST BANCORP just filed a Form 4, signaling a change in their stock ownership.**

AI Summary

This Form 4 filing, dated March 23, 2026, indicates that Lopez-Lay Ginoris, 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 an insider's holdings have changed, which could be due to a purchase, sale, or grant. For investors, monitoring these filings is crucial because insider activity can sometimes signal management's confidence (or lack thereof) in the company's future, potentially influencing stock performance.

Why It Matters

Insider transaction filings like this provide transparency into how key company personnel are managing their stakes, which can be a leading indicator for the stock's future direction.

Risk Assessment

Risk Level: low — This filing is purely informational, indicating a change in insider ownership without specifying the transaction type, thus posing minimal direct risk.

Analyst Insight

A smart investor would look for the specific details of the transaction (buy or sell, number of shares, price) in the full filing to understand the insider's sentiment, as this summary only indicates a change occurred.

Key Players & Entities

• Lopez-Lay Ginoris (person) — Reporting person, an insider at FIRST BANCORP /PR/
• FIRST BANCORP /PR/ (company) — The issuer of the securities
• 0001372784 (person) — CIK of Lopez-Lay Ginoris
• 0001057706 (company) — CIK of FIRST BANCORP /PR/

FAQ

Key Financial Figures

• $0.10 — First BanCorp Common Stock, par value $0.10 per share 03/19/2026 A 9,228 (1) A $ 20

Filing Documents

• ownership.html (4)
• ownership.xml (4) — 8KB
• 0001193125-26-120156.txt ( ) — 9KB

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 * Lopez-Lay Ginoris (Last) (First) (Middle) P.O. BOX 9146 (Street) SAN JUAN PUERTO RICO 00908-0146 (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 9,228 (1) A $ 20.59 222,185 D First BanCorp Common Stock, par value $0.10 per share 03/21/2026 F 796 (2) D $ 20.57 221,389 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 9,227 (3) 03/19/2029 Common Stock 9,227 $ 0 27,149 (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 27,149 Performance Share Units were granted as a performance award with 9,168 shares granted on March 21, 2024, 8,754 shares granted on March 19, 2025, and 9,227 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).

View Full Filing

View this 4 filing on SEC EDGAR