{"schema_version":"secwatch.filing_event.v1","accession":"0000811589-23-000026","form_type":"8-K","ticker":"FBNC","cik":"0000811589","company_name":"FIRST BANCORP /NC/","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.328168+00:00","generated_at":"2026-06-15T14:59:23.379412+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"confidence":"high","headline":"First Bancorp shareholders elect all 16 directors, ratify auditor, approve say-on-pay at annual meeting","bullets":["All 16 director nominees elected with between 17.9M and 28.6M votes for; broker non-votes of 5.3M.","Ratification of BDO USA as independent auditor for 2023: 34.1M for, 46.9K against.","Non-binding advisory approval of executive compensation: 26.8M for, 2.0M against, 5.3M broker non-votes."],"urls":{"canonical":"https://secwatch.observer/filing/0000811589-23-000026","json":"https://secwatch.observer/filing/0000811589-23-000026.json","markdown":"https://secwatch.observer/filing/0000811589-23-000026.md","text":"https://secwatch.observer/filing/0000811589-23-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/811589/000081158923000026/0000811589-23-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/811589/000081158923000026/fbnc-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T14:59:23.379412+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"89b62d62d716d68ca53bfed38ae24840b568a7a1","claim":"FIRST BANCORP /NC/ shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2023-05-04 meeting.","evidence_excerpt":"(iii) approved, on a non-binding advisory basis, the compensation paid to the Company’s named executive officers (“Say-on- Pay”)","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/811589/000081158923000026/0000811589-23-000026-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-04"}],"fact_type":"shareholder_vote"},{"claim_id":"c4d4972b6700b19107fa83273132f86c8cf318a1","claim":"FIRST BANCORP /NC/ shareholders approved Election of 16 directors to serve until 2024 annual meeting at the 2023-05-04 meeting.","evidence_excerpt":"the Company’s shareholders: (i) elected each of the 16 persons listed below under Proposal 1 to serve as a director of the Company until the 2024 annual meeting","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/811589/000081158923000026/0000811589-23-000026-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-04"}],"fact_type":"shareholder_vote"},{"claim_id":"fd7dcdb6bcd4586ff7c85d3b5a63e38195d318d4","claim":"FIRST BANCORP /NC/ shareholders approved Ratification of BDO USA, LLP as independent auditors for 2023 at the 2023-05-04 meeting.","evidence_excerpt":"(ii) ratified the appointment of BDO USA, LLP as the independent auditors of the Company for 2023","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/811589/000081158923000026/0000811589-23-000026-index.htm","confidence":0.99,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-04"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}