PAVIA JUAN CARLOS (EVP, Chief Credit Officer) 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: 0001193125-26-114232
Officer· EVP, Chief Credit Officer
Since May 2021
-7.09K
Net shares
Net seller
$145.8K
Total sold
0
Open market trades
0B · 0S
4
Total transactions
16.52K acquired · 23.61K disposed
Non-Derivative Transactions3
First BanCorp Common Stock, par value $0.10 per share
Direct
Shares
+16.52K
Price / share
—
Trade value
—
% of position
20.8%
3/16/2026
79.34K→95.85K
First BanCorp Common Stock, par value $0.10 per share
Direct
Shares
−4.95K
Price / share
$20.57
Trade value
$101.82K
% of position
5.2%
3/16/2026
95.85K→90.90K
First BanCorp Common Stock, par value $0.10 per share
Direct
Shares
−2.14K
Price / share
$20.57
Trade value
$44.02K
% of position
2.4%
3/16/2026
90.90K→88.76K
Total
Net shares
+9.43K
Net value
-$145.84K
| 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 | +16.52K | — | — | 20.8% | 79.34K | 95.85K |
| First BanCorp Common Stock, par value $0.10 per share Direct | 3/16/2026 | F · Tax Withholding | −4.95K | $20.57 | $101.82K | 5.2% | 95.85K | 90.90K |
| First BanCorp Common Stock, par value $0.10 per share Direct | 3/16/2026 | F · Tax Withholding | −2.14K | $20.57 | $44.02K | 2.4% | 90.90K | 88.76K |
| Total | +9.43K | -$145.84K | ||||||
Derivative Transactions1
Performance Share Unit
Direct
Converts to
Common Stock
16.52K shares
Shares
−16.52K
Strike price
Held after
20.31K
Exercisable
—
3/16/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance Share Unit Direct | Common Stock16.52K shares | 3/16/2026 | M · Option Exercise | −16.52K | — | 20.31K |