{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-011754","form_type":"8-K","ticker":"FBP","cik":"0001057706","company_name":"FIRST BANCORP /PR/","filed_at":"2022-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.287820+00:00","generated_at":"2026-06-26T13:04:26.638622+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"First BanCorp boosts CEO, CFO, and CRO compensation targets effective April 2022","bullets":["CEO base salary increased to $1,000,000; CRO base salary increased to $500,000 effective April 1, 2022.","CEO short-term incentive target raised to 100% of base salary for 2022 performance.","CEO long-term incentive target set at 145% of base salary; CFO and CRO LTI targets set at 70%.","Adjustments approved March 24, 2022; no other compensation terms changed."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-011754","json":"https://secwatch.observer/filing/0001140361-22-011754.json","markdown":"https://secwatch.observer/filing/0001140361-22-011754.md","text":"https://secwatch.observer/filing/0001140361-22-011754.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1057706/000114036122011754/0001140361-22-011754-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1057706/000114036122011754/brhc10035850_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T13:04:26.638622+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}