Insider Aurelio Aleman Files Form 4 for First Bancorp /PR/

Aleman Aurelio 4 Filing Summary
FieldDetail
CompanyAleman Aurelio
Form Type4
Filed DateMar 23, 2026
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$0.10
Sentimentneutral

Complexity: simple

Sentiment: neutral

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

TL;DR

**Insider Aurelio Aleman just filed a Form 4 for First Bancorp /PR/, signaling potential share activity.**

AI Summary

This Form 4 filing, dated March 23, 2026, indicates that Aurelio Aleman, 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 Aleman, whose CIK is 0001180593, has either bought, sold, or been granted shares in First Bancorp /PR/ (CIK: 0001057706). This matters to investors because insider activity can provide clues about how those closest to the company view its future prospects, potentially influencing stock price movements.

Why It Matters

Insider filings like this can signal changes in confidence from key company personnel, which can be a leading indicator for the stock's future performance.

Risk Assessment

Risk Level: low — This filing is purely administrative, indicating a change in beneficial ownership, not necessarily a negative event.

Analyst Insight

Investors should look for the detailed transaction information within the full Form 4 document to understand if Aleman bought or sold shares, and in what quantity, to gauge insider sentiment.

Key Players & Entities

  • Aurelio Aleman (person) — Reporting person, insider at First Bancorp /PR/
  • First Bancorp /PR/ (company) — Issuer of the securities
  • 0001180593 (person) — CIK for Aurelio Aleman
  • 0001057706 (company) — CIK for First Bancorp /PR/
  • 2026-03-23 (date) — Filing Date
  • 2026-03-19 (date) — Period of Report

FAQ

What is the purpose of this Form 4 filing by Aurelio Aleman?

This Form 4 is a 'Statement of changes in beneficial ownership of securities,' indicating that Aurelio Aleman, an insider, has had a transaction (buy, sell, or grant) involving shares of First Bancorp /PR/ during the period of report, which was 2026-03-19.

Who is Aurelio Aleman in relation to First Bancorp /PR/?

Aurelio Aleman is the 'Reporting' person, meaning he is an insider (e.g., officer, director, or significant shareholder) of First Bancorp /PR/, the 'Issuer' of the securities.

Filing Stats: 868 words · 3 min read · ~3 pages · Grade level 7.8 · Accepted 2026-03-23 18:30:12

Key Financial Figures

  • $0.10 — First BanCorp Common Stock, par value $0.10 per share 03/19/2026 A 58,318 (1) A $ 2

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 * ALEMAN AURELIO (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) X Director 10% Owner X Officer (give title below) Other (specify below) President and CEO 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 58,318 (1) A $ 20.59 1,143,168 D First BanCorp Common Stock, par value $0.10 per share 03/21/2026 F 12,693 (2) D $ 20.57 1,130,475 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 58,318 (3) 03/19/2029 Common Stock 58,318 $ 0 177,115 (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 177,115 Performance Share Units were granted as a performance award with 59,942 shares granted on March 21, 2024, 58,855 shares granted on March 19, 2025, and 58,318 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

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