FBP · First Bancorp /Pr/
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
Insider Sentiment Score
Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-06-30 | Berges Gonzalez Orlando |
EVP and CFO |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
Shares withhled to cover taxes related to a restricted stock that vested on June 30, 2026 pursuant to the terms of the restricted stock award made on March 19, 2026. |
First BanCorp Common Stock, par value $0.10 per share
|
4,523 |
| 2026-06-30 | Berges Gonzalez Orlando |
EVP and CFO |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
Shares withhled to cover taxes related to a restricted stock that vested on June 30, 2026 pursuant to the terms of the restricted stock award made on March 21, 2024. |
First BanCorp Common Stock, par value $0.10 per share
|
2,518 |
| 2026-06-30 | Berges Gonzalez Orlando |
EVP and CFO |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
Shares withhled to cover taxes related to a restricted stock that vested on June 30, 2026 pursuant to the terms of the restricted stock award made on March 19, 2025. |
First BanCorp Common Stock, par value $0.10 per share
|
4,760 |
| 2026-06-05 | Diaz-Bento Lilian |
EVP |
Sell↓
|
First BanCorp Common Stock, par value $0.10 per share
|
8,000 |
| 2026-03-31 | Eaves Patricia |
Director |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share. (Direct)
Represents shares of restricted stock issued on March 31, 2026 pursuant to the First BanCorp Omnibus Incentive Plan, as amended, which vest solely on the basis of the passage of time over a one-year period on March 31, 2027. |
First BanCorp Common Stock, par value $0.10 per share.
|
1,872 |
| 2026-03-31 | Eaves Patricia |
Director |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share. (Direct)
Shares withheld to cover taxes related to restricted stock that vested on March 31, 2026 pursuant to the terms of the restricted stock award made on March 31, 2025. |
First BanCorp Common Stock, par value $0.10 per share.
|
209 |
| 2026-03-21 | ALEMAN AURELIO |
Director, President and CEO |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
12,693 |
| 2026-03-21 | Lopez-Lay Ginoris |
EVP |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
796 |
| 2026-03-21 | RIVERA NAYDA |
EVP, CCO and Chief of Staff |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
2,661 |
| 2026-03-21 | Pavia Juan Carlos |
EVP, Chief Operating Officer |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
1,474 |
| 2026-03-21 | Ortiz Said |
Chief Accounting Officer |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
1,436 |
| 2026-03-21 | Lacasa Jose Maria |
EVP |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
1,596 |
| 2026-03-21 | Alvarez-Cabrero Sara |
EVP, General Counsel |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
1,694 |
| 2026-03-21 | McDonald Michael |
EVP |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
794 |
| 2026-03-21 | Berges Gonzalez Orlando |
EVP and CFO |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
2,479 |
| 2026-03-21 | Diaz-Bento Lilian |
EVP |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
853 |
| 2026-03-19 | Berges Gonzalez Orlando |
EVP and CFO |
Award↑
Filing footnotes — Performance Share Unit (Direct)
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. The amount of 44,254 Performance Share Units were granted as a performance award with 15,561 shares granted on March 21, 2024, 14,713 shares granted on March 19, 2025, and 13,980 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. |
Performance Share Unit
|
13,980 |
| 2026-03-19 | McDonald Michael |
EVP |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
7,613 |
| 2026-03-19 | Diaz-Bento Lilian |
EVP |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
9,689 |
| 2026-03-19 | Lopez-Lay Ginoris |
EVP |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
9,228 |
| 2026-03-19 | Lopez-Lay Ginoris |
EVP |
Award↑
Filing footnotes — Performance Share Unit (Direct)
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. 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. |
Performance Share Unit
|
9,227 |
| 2026-03-19 | Diaz-Bento Lilian |
EVP |
Award↑
Filing footnotes — Performance Share Unit (Direct)
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. 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. |
Performance Share Unit
|
9,689 |
| 2026-03-19 | RIVERA NAYDA |
EVP, CCO and Chief of Staff |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
13,576 |
| 2026-03-19 | Alvarez-Cabrero Sara |
EVP, General Counsel |
Award↑
Filing footnotes — Performance Share Unit (Direct)
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. The amount of 27,122 Performance Share Units were granted as a performance award with 8,830 shares granted on March 21, 2024, 8,511 shares granted on March 19, 2025, and 9,781 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. |
Performance Share Unit
|
9,781 |
| 2026-03-19 | Pavia Juan Carlos |
EVP, Chief Operating Officer |
Award↑
Filing footnotes — Performance Share Unit (Direct)
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. The amount of 31,894 Performance Share Units were granted as a performance award with 9,828 shares granted on March 21, 2024, 10,483 shares granted on March 19, 2025, and 11,583 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. |
Performance Share Unit
|
11,583 |
| 2026-03-19 | McDonald Michael |
EVP |
Award↑
Filing footnotes — Performance Share Unit (Direct)
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. The amount of 19,449 Performance Share Units were granted as a performance award with 6,023 shares granted on March 21, 2024, 5,814 shares granted on March 19, 2025, and 7,612 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. |
Performance Share Unit
|
7,612 |
| 2026-03-19 | Ortiz Said |
Chief Accounting Officer |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
9,471 |
| 2026-03-19 | Lacasa Jose Maria |
EVP |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
10,693 |
| 2026-03-19 | Berges Gonzalez Orlando |
EVP and CFO |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
13,980 |
| 2026-03-19 | Alvarez-Cabrero Sara |
EVP, General Counsel |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
9,781 |
| 2026-03-19 | RIVERA NAYDA |
EVP, CCO and Chief of Staff |
Award↑
Filing footnotes — Performance Share Unit (Direct)
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. 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. |
Performance Share Unit
|
13,576 |
| 2026-03-19 | Lacasa Jose Maria |
EVP |
Award↑
Filing footnotes — Performance Share Unit (Direct)
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. The amount of 26,948 Performance Share Units were granted as a performance award with 7,907 shares granted on March 21, 2024, 8,349 shares granted on March 19, 2025, and 10,692 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. |
Performance Share Unit
|
10,692 |
| 2026-03-19 | ALEMAN AURELIO |
Director, President and CEO |
Award↑
Filing footnotes — Performance Share Unit (Direct)
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. 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. |
Performance Share Unit
|
58,318 |
| 2026-03-19 | ALEMAN AURELIO |
Director, President and CEO |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
58,318 |
| 2026-03-19 | Pavia Juan Carlos |
EVP, Chief Operating Officer |
Award↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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. |
First BanCorp Common Stock, par value $0.10 per share
|
11,583 |
| 2026-03-16 | ALEMAN AURELIO |
Director, President and CEO |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
Shares withheld to cover taxes related to Performance Shares Units that vested on March 16, 2026 pursuant to the terms of the long-term incentive award made on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
36,638 |
| 2026-03-16 | Pavia Juan Carlos |
EVP, Chief Operating Officer |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
Shares withheld to cover taxes related to Performance Shares Units that vested on March 16, 2026 pursuant to the terms of the long-term incentive award made on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
4,950 |
| 2026-03-16 | McDonald Michael |
EVP |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
Shares withheld to cover taxes related to restricted stock that vested on March 16, 2026 pursuant to the terms of the restricted stock award made on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
1,230 |
| 2026-03-16 | RIVERA NAYDA |
EVP, CCO and Chief of Staff |
Convert↓
Filing footnotes — Performance Share Unit (Direct)
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 three-year 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. Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023. The amount of 25,752 Performance Share Units were granted as a performance award with 12,564 shares granted on March 21, 2024 and 13,188 shares granted on March 19, 2025, 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. |
Performance Share Unit
|
23,069 |
| 2026-03-16 | Lopez-Lay Ginoris |
EVP |
Convert↓
Filing footnotes — Performance Share Unit (Direct)
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 three-year 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. Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023. The amount of 17,922 Performance Share Units were granted as a performance award with 9,168 shares granted on March 21, 2024 and 8,754 shares granted on March 19, 2025, 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. |
Performance Share Unit
|
15,599 |
| 2026-03-16 | McDonald Michael |
EVP |
Convert↓
Filing footnotes — Performance Share Unit (Direct)
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 three-year 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. Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023. The amount of 11,837 Performance Share Units were granted as a performance award with 6,023 shares granted on March 21, 2024 and 5,814 shares granted on March 19, 2025, 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. |
Performance Share Unit
|
10,380 |
| 2026-03-16 | McDonald Michael |
EVP |
Convert↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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 three-year 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. Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
10,380 |
| 2026-03-16 | RIVERA NAYDA |
EVP, CCO and Chief of Staff |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
Shares withheld to cover taxes related to Performance Shares Units that vested on March 16, 2026 pursuant to the terms of the long-term incentive award made on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
9,770 |
| 2026-03-16 | ALEMAN AURELIO |
Director, President and CEO |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
Shares withheld to cover taxes related to restricted stock that vested on March 16, 2026 pursuant to the terms of the restricted stock award made on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
14,570 |
| 2026-03-16 | Alvarez-Cabrero Sara |
EVP, General Counsel |
Convert↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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 three-year 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. Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
15,121 |
| 2026-03-16 | Lopez-Lay Ginoris |
EVP |
Convert↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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 three-year 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. Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
15,599 |
| 2026-03-16 | Berges Gonzalez Orlando |
EVP and CFO |
Convert↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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 three-year 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. Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
28,595 |
| 2026-03-16 | Pavia Juan Carlos |
EVP, Chief Operating Officer |
Convert↓
Filing footnotes — Performance Share Unit (Direct)
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 three-year 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. Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023. The amount of 20,311 Performance Share Units were granted as a performance award with 9,828 shares granted on March 21, 2024 and 10,483 shares granted on March 19, 2025, 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. |
Performance Share Unit
|
16,515 |
| 2026-03-16 | Pavia Juan Carlos |
EVP, Chief Operating Officer |
Tax↓
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
Shares withheld to cover taxes related to restricted stock that vested on March 16, 2026 pursuant to the terms of the restricted stock award made on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
2,140 |
| 2026-03-16 | RIVERA NAYDA |
EVP, CCO and Chief of Staff |
Convert↑
Filing footnotes — First BanCorp Common Stock, par value $0.10 per share (Direct)
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 three-year 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. Performance Share Units that vested based upon the degree of achievement of equally weighed performance goals at the end of a three-year performance period, comprising: (i) our total shareholder return relative to companies comprising the KBW Regional Bank Index ("TSR Target Performance"); and (ii) our pre-established targeted tangible book value per share goal ("TBV Target Performance"). Performance Share Units vested based on the achievement of (i) the TSR Target Performance goal at a level resulting in 150% of target, and (ii) the TBV Target Performance goal at a level resulting in 101.46% of target, each pursuant to the grant of Performance Units awarded on March 16, 2023. |
First BanCorp Common Stock, par value $0.10 per share
|
23,069 |