---
schema_version: "secwatch.filing_event.v1"
accession: "0000811589-24-000039"
form_type: "8-K"
ticker: "FBNC"
cik: "0000811589"
company_name: "FIRST BANCORP /NC/"
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T17:55:07.905137+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# First Bancorp names Christian Wilson EVP/COO, Brent Hicks EVP/CAO

## Summary
- Wilson (age 43) appointed EVP and COO of First Bank; base salary $375,000, initial restricted stock award $150,000.
- Hicks (age 52) appointed EVP and Chief Accounting Officer; base salary $300,000, initial restricted stock $50,000.
- Wilson eligible for Annual Incentive Plan with target bonus up to 30% of base, paid half cash/half stock vesting over 3 years.
- Hicks eligible for target bonus up to 20% of base (cash in 2024, then half cash/half stock vesting 3 years).
- Hicks entered Change in Control Agreement: cash payment equal to base salary if terminated w/o cause within 1 yr of change of control.

## SEC filing metadata
- accession: 0000811589-24-000039
- form_type: 8-K
- ticker: FBNC
- cik: 0000811589
- company_name: FIRST BANCORP /NC/
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811589/000081158924000039/0000811589-24-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811589/000081158924000039/fbnc-20240513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000811589-24-000039
- JSON: https://secwatch.observer/filing/0000811589-24-000039.json
- Plain text: https://secwatch.observer/filing/0000811589-24-000039.txt

## Key facts
- Executive change
  Brent Hicks was appointed as Executive Vice President and Chief Accounting Officer at FIRST BANCORP /NC/.
  - Action: appointed
  - Role: Executive Vice President and Chief Accounting Officer
  source text: Brent Hicks (age 52) was named Executive Vice President and Chief Accounting Officer of the Company and the Bank
  evidence_url: https://www.sec.gov/Archives/edgar/data/811589/000081158924000039/0000811589-24-000039-index.htm
- Executive change
  Christian Wilson was appointed as Executive Vice President and Chief Operating Officer at FIRST BANCORP /NC/.
  - Action: appointed
  - Role: Executive Vice President and Chief Operating Officer
  source text: on May 13, 2024, Christian Wilson (age 43) was named Executive Vice President and Chief Operating Officer of the Bank
  evidence_url: https://www.sec.gov/Archives/edgar/data/811589/000081158924000039/0000811589-24-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.