secwatch.observer — SEC 8-K summary
======================================

Issuer:     FIRST BANCORP /PR/ (FBP)
CIK:        0001057706
Form:       8-K
Filed at:   2023-05-23T23:59:59+00:00
Accession:  0001140361-23-026112
Event type: other
Sentiment:  neutral
Materiality: 0.05
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

First BanCorp shareholders elect all 10 director nominees and approve say-on-pay and auditor ratification
--------------------------------------------------------------------------------

- All 10 director nominees elected; largest opposition was Roberto R. Herencia with 124.8M for, 36.8M against.
- Non-binding approval of 2022 executive compensation: 155.8M for, 5.7M against, 176K abstained.
- Ratification of Crowe LLP as auditor for FY2023: 168.7M for, 186K against, 81K abstained.
- Broker non-votes of 7.36M shares on director election and say-on-pay proposals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057706/000114036123026112/0001140361-23-026112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057706/000114036123026112/brhc20053311_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-026112

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