Insider Nayda Rivera Reports Ownership Change in First Bancorp /PR/

TL;DR

**Insider Nayda Rivera filed a Form 4 for First Bancorp /PR/, updating her ownership status.**

AI Summary

This Form 4 filing, dated March 23, 2026, indicates that Nayda Rivera, an insider, has reported changes in her beneficial ownership of securities in First Bancorp /PR/. While the filing itself doesn't detail specific transactions (like buys or sells), it signals that an insider's holdings have been updated. For investors, this matters because insider activity can sometimes hint at management's confidence (or lack thereof) in the company's future, though without transaction details, its immediate impact is limited.

Why It Matters

This filing signals an update to an insider's stake, which can be a subtle indicator of their view on the company's prospects, though specific transaction details are needed for a clearer picture.

Risk Assessment

Risk Level: low — This filing is purely administrative, reporting a change in beneficial ownership without detailing specific transactions, thus posing minimal direct risk.

Analyst Insight

An investor should note this filing as a routine insider ownership update, but wait for more detailed transaction information (like buys or sells) before making any investment decisions based on insider activity.

Key Players & Entities

• RIVERA NAYDA (person) — Reporting person (insider)
• FIRST BANCORP /PR/ (company) — Issuer of the securities
• 0001224437 (other) — CIK of RIVERA NAYDA
• 0001057706 (other) — 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 13,576 (1) A $ 2

Filing Documents

• ownership.html (4)
• ownership.xml (4) — 8KB
• 0001193125-26-120163.txt ( ) — 10KB

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 * RIVERA NAYDA (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, CCO and Chief of Staff 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 13,576 (1) A $ 20.59 253,059 D First BanCorp Common Stock, par value $0.10 per share 03/21/2026 F 2,661 (2) D $ 20.57 250,398 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 13,576 (3) 03/19/2029 Common Stock 13,576 $ 0 39,328 (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 39,328 Performance Share Units were granted as a performance award with 12,564 shares granted on March 21, 2024, 13,188 shares granted on March 19, 2025, and 13,576 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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