Officer Plans $3.5M Stock Sale Near 52-Week High
FBP sits 50% above its 52-week low of $19.16.
Summary
First BanCorp officer Orlando Berges Gonzalez filed a Form 144 to sell 123,197 shares (~$3.54M) near the stock's 52-week high, shortly after strong Q2 results.
Key Events · Ownership and Investor Activity · FBP
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Officer Files to Sell $3.5M in Stock
Orlando Berges Gonzalez, an officer, filed a Form 144 to sell 123,197 shares with an approximate market value of $3.54 million.
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Sale Near 52-Week High
The filing comes with the stock trading at $28.82, just below its 52-week high of $29.00, potentially locking in gains after a strong run.
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First Insider Sale in 90 Days
No insider sales were reported in the past three months; this is the first distribution signal in the recent window.
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Follows Strong Q2 Earnings
The sale intent was filed two days after the company reported Q2 net income of $96.1 million ($0.62/share), suggesting the officer may be capitalizing on post-earnings strength.
Analysis · FBP · Finance
A First BanCorp officer has filed to sell 123,197 shares worth roughly $3.54 million, with the stock trading near its 52-week high. While the sale represents only about 0.08% of outstanding shares—modest in percentage terms—it is a notable dollar amount for an individual insider. No sales were reported in the prior three months, making this the first insider distribution signal in the recent window. The filing comes just two days after strong Q2 earnings, suggesting the officer may be capitalizing on post-earnings strength.
How filings like this one have moved
In the 30 days to Sep 18, 2026, 29.1% of the 1703 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.36%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FBP was trading at $28.82 on NYSE in the Finance sector, with a market capitalization of approximately $4.5B. The 52-week trading range was $19.16 to $29.00. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.