BERGES GONZALEZ ORLANDO (EVP and CFO) exercised options at FIRST BANCORP /PR/
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/18/2026ACC: 0001193125-26-114231
Officer· EVP and CFO
Since Jun 2018
-12.84K
Net shares
Net seller
$264.2K
Total sold
0
Open market trades
0B · 0S
4
Total transactions
28.59K acquired · 41.44K disposed
Non-Derivative Transactions3
First BanCorp Common Stock, par value $0.10 per share
Direct
Shares
+28.59K
Price / share
—
Trade value
—
% of position
9.7%
3/16/2026
296.29K→324.88K
First BanCorp Common Stock, par value $0.10 per share
Direct
Shares
−9.11K
Price / share
$20.57
Trade value
$187.35K
% of position
2.8%
3/16/2026
324.88K→315.77K
First BanCorp Common Stock, par value $0.10 per share
Direct
Shares
−3.73K
Price / share
$20.57
Trade value
$76.81K
% of position
1.2%
3/16/2026
315.77K→312.04K
Total
Net shares
+15.75K
Net value
-$264.16K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| First BanCorp Common Stock, par value $0.10 per share Direct | 3/16/2026 | M · Option Exercise | +28.59K | — | — | 9.7% | 296.29K | 324.88K |
| First BanCorp Common Stock, par value $0.10 per share Direct | 3/16/2026 | F · Tax Withholding | −9.11K | $20.57 | $187.35K | 2.8% | 324.88K | 315.77K |
| First BanCorp Common Stock, par value $0.10 per share Direct | 3/16/2026 | F · Tax Withholding | −3.73K | $20.57 | $76.81K | 1.2% | 315.77K | 312.04K |
| Total | +15.75K | -$264.16K | ||||||
Derivative Transactions1
Performance Share Unit
Direct
Converts to
Common Stock
28.59K shares
Shares
−28.59K
Strike price
Held after
30.27K
Exercisable
—
3/16/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance Share Unit Direct | Common Stock28.59K shares | 3/16/2026 | M · Option Exercise | −28.59K | — | 30.27K |