Director Dexter V. Perry receives 863-share grant in FIRST BANCORP (FBNC)

Rhea-AI Filing Summary

FIRST BANCORP /NC/ director Dexter V. Perry received a grant of 863 shares of Common Stock at $57.99 per share. This was a compensation-related award classified as a grant, award, or other acquisition rather than an open-market purchase. After the transaction, Perry directly holds 8,532.7 shares of First Bancorp common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PERRY DEXTER V

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	863	$57.99	$50K

Holdings After Transaction: Common Stock — 8,532.7 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 863 shares Grant valuation price: $57.99 per share Shares held after transaction: 8,532.7 shares +1 more

4 metrics

Shares granted 863 shares Common Stock grant to director Dexter V. Perry

Grant valuation price $57.99 per share Reported price for the 863-share award

Shares held after transaction 8,532.7 shares Perry’s direct FBNC holdings following the grant

Transaction type Grant, award, or other acquisition Form 4 transaction code A for Common Stock

Key Terms

Grant, award, or other acquisition, Common Stock, Form 4, direct ownership

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

direct ownership financial

"ownership_type: direct, ownership_code: D"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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^*

PERRY DEXTER V

(Last) (First) (Middle)

111 LYNDENBURY DRIVE

(Street)

APEX NORTH CAROLINA 27502

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST BANCORP /NC/ [ FBNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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
Common Stock	06/01/2026		A		863	A	$57.99	8,532.7	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:

	/s/ Anna L. Miller, Attorney in-fact	06/03/2026
	** 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)

FAQ

What insider transaction did FIRST BANCORP (FBNC) director Dexter V. Perry report?

Director Dexter V. Perry reported receiving a grant of 863 shares of FIRST BANCORP common stock. The shares were awarded as a compensation-related acquisition, not bought on the open market, and increased his direct holdings to 8,532.7 shares after the transaction.

Was the FBNC insider transaction by Dexter V. Perry a stock purchase or a grant?

The transaction was a grant, award, or other acquisition, not an open-market stock purchase. It reflects compensation in the form of 863 common shares at $57.99 per share, consistent with equity-based director compensation rather than a discretionary buy in the market.

How many FBNC shares does Dexter V. Perry hold after this Form 4 transaction?

After receiving the 863-share grant, Dexter V. Perry directly holds 8,532.7 shares of FIRST BANCORP common stock. This figure represents his direct ownership position as reported in the Form 4 and incorporates the newly awarded shares in the total.

What price was used for the Dexter V. Perry FBNC share grant?

The 863-share grant to Dexter V. Perry was reported at $57.99 per share. This price is used in the Form 4 to value the equity award in FIRST BANCORP common stock and does not represent an open-market trade execution price.

Does the Dexter V. Perry FBNC Form 4 show any stock sales or disposals?

The Form 4 for Dexter V. Perry shows only an acquisition classified as a grant, award, or other acquisition. There are no reported stock sales, tax withholdings, gifts, or other dispositions in this filing, and his overall share count increased accordingly.