FBNC FIRST BANCORP /NC/ Insider Trading

Director Michael Goodwin Mayer sold 44,324 shares of FBNC at $58.58 (2.6M value), reducing stake 51.7%

Director Michael Goodwin Mayer executed a substantial sale of 44,324 shares at $58.58 on 2026-05-20, reducing his holdings from 85,815 shares to 41,491 shares—a 51.7% reduction in stake. The sale occurred near the stock's 52-week high of $62.64, within 5.5% of peak, at a time when the company reports -3.6% annual revenue decline despite positive net income of $46,659,000. His only prior same-ticker trade was a buy in September 2023 (outcome not yet measurable). The scale of this reduction—divesting roughly half his position—represents a material decrease in director exposure to FBNC and merits attention to whether this signals a shift in confidence relative to current fundamentals.

Director Donnelly buys 46 shares of FBNC at blended $49.42 average; holds 10.6K post-transaction.

Director Abby Jill Donnelly executed 2 separate purchases totaling 46 shares for $2,279.84 on 2025-07-24, bringing her holdings to 10,567 shares. The blended average price of $49.42 represents a 3.2% discount to the current price of $51.04, though the stock is trading just 1.2% below its 52-week high of $51.65. The transaction adds only 0.4% to her existing position, and the dollar amount ($2.3K) is modest relative to her total holdings. While FBNC has shown strong recent momentum (30-day change: +16.7%, 90-day change: +26.2%) and reports revenue growth of +113.7% year-over-year, the small purchase size and minimal portfolio impact limit the signal strength of this filing.

Director Taylor Frederick Leslie purchases 5,800 shares ($239,315.31) at $41.26 avg; holdings increase 17.8% to 38,444 shares

Director Taylor Frederick Leslie executed two separate purchases on 2025-05-22, acquiring a combined 5,800 shares for $239,315.31 at a blended average price of $41.26. This represents a material 17.8% increase in his shareholdings from 32,644 to 38,444 shares. The purchase occurred near the current price of $41.00, and the stock is currently trading 16.7% below its 52-week high of $49.20. FIRST BANCORP maintains solid fundamentals with net income of $36.4M, a P/E of 19.43, and exceptional annual revenue growth of 113.7%, providing a backdrop of operational strength for the director's acquisition.

Director McLamb buys 811 FBNC shares at $30.47; stock down 5.0% in 30 days, 13.3% in 90 days.

McLamb Carlie C Jr, a director, purchased 811 shares of First Bancorp /NC/ at $30.47 on 2024-06-24, increasing his holdings by 2.5% to 33,139 shares. The purchase value was $24,711.17. At current price of $41.71, the stock has recovered from the transaction price but remains down 5.0% over 30 days and down 13.3% over 90 days from recent highs. His prior trades at FBNC show mixed timing outcomes: his 2023-09-22 buy delivered a +36.9% 90-day return, but his 2024-03-15 buy declined -9.7% over 90 days, resulting in 1 of 3 prior same-ticker trades being well-timed at the 90-day mark. Fundamentals show strong revenue growth of +88.1% year-over-year and a reasonable P/E of 16.82, though recent price momentum has been negative.

FBNC Director Garrett Mason Y sold 52,800 shares in 2 transactions for $2,289,948.00, reducing holdings by 29.1%

Director Garrett Mason Y executed 2 separate sales totaling 52,800 shares for $2,289,948.00 at a blended average price of $43.37, materially reducing his position from 181.7K to 128.9K shares (a 29.1% reduction). The sales occurred near the 52-week high of $44.15, approximately 2.8% below that peak. His prior trades at FBNC show a pattern of poorly-timed sells: his 2023-08-30 sale saw a +6.3% 90-day return and his 2023-08-29 sale a +4.8% 90-day return (meaning the stock appreciated after both prior sales), with 0 of 2 prior FBNC sales well-timed at the 90-day mark. Against this backdrop, the current transaction volume and timing relative to recent price momentum (30-day +31.1%, 90-day +37.6%) suggests selective liquidation in a favorable price environment rather than a departure from established sale patterns.