secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BANCORP /NC/ (FBNC)
CIK:        0000811589
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0000811589-26-000055
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

First Bancorp President and First Bank CEO Michael G. Mayer retires, remains director
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- Michael G. Mayer retired as President of First Bancorp and CEO of First Bank effective February 28, 2026.
- Mayer will continue to serve as a director on the boards of both First Bancorp and First Bank.
- Retirement is part of the company's succession plan; no successor has been announced.
- Richard H. Moore remains CEO of First Bancorp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/811589/000081158926000055/0000811589-26-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/811589/000081158926000055/fbnc-20260228.htm
  HTML page:      https://secwatch.observer/filing/0000811589-26-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer