Ortiz Said Files Form 4 for FIRST BANCORP /PR/

TL;DR

**Insider Ortiz Said filed a Form 4 for FIRST BANCORP /PR/, signaling a change in ownership.**

AI Summary

This Form 4 filing, dated March 23, 2026, reports that Ortiz Said, a reporting person, has filed a statement of changes in beneficial ownership of securities for FIRST BANCORP /PR/ (CIK: 0001057706). While the filing indicates a change in ownership, the specific details of the transaction, such as shares bought or sold and their value, are not provided in this summary. This matters to investors because changes in ownership by insiders like Ortiz Said can signal their confidence (or lack thereof) in the company's future performance, potentially influencing stock price.

Why It Matters

This filing indicates an insider transaction, which can provide clues about the company's health and future prospects from someone with deep knowledge.

Risk Assessment

Risk Level: medium — Without specific transaction details, the impact of this insider filing on risk is unclear, but any insider activity warrants attention.

Analyst Insight

A smart investor would look for the detailed transaction information within the full Form 4 document to understand if Ortiz Said bought or sold shares, and in what quantity, before making any investment decisions.

Key Players & Entities

• Ortiz Said (person) — Reporting Person
• FIRST BANCORP /PR/ (company) — Issuer
• 0001890343 (person) — CIK for Ortiz Said
• 0001057706 (company) — CIK for FIRST BANCORP /PR/

FAQ

Key Financial Figures

• $0.10 — First BanCorp Common Stock, par value $0.10 per share 03/19/2026 A 9,471 (1) A $ 20

Filing Documents

• ownership.html (4)
• ownership.xml (4) — 5KB
• 0001193125-26-120161.txt ( ) — 6KB

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 * Ortiz Said (Last) (First) (Middle) P.O. 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) Chief Accounting Officer 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 9,471 (1) A $ 20.59 49,638.489 D First BanCorp Common Stock, par value $0.10 per share 03/21/2026 F 1,436 (2) D $ 20.57 48,202.489 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 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. /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). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)

View Full Filing

View this 4 filing on SEC EDGAR