---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-027921"
form_type: "8-K"
ticker: "FBP"
cik: "0001057706"
company_name: "FIRST BANCORP /PR/"
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:35:07.981340+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# First BanCorp annual meeting elects directors, approves say-on-pay, ratifies Crowe as auditor

## Summary
- All 10 director nominees elected; Juan Acosta Reboyras received 139.7M for (lowest), Roberto R. Herencia 43.6M against (highest).
- Non-binding say-on-pay approved with 141.4M for, 7.3M against, 320K abstain; broker non-votes 8.3M.
- Ratification of Crowe LLP as independent auditor for FY2024 passed with 157.1M for, 234K against, 52K abstain.
- Advisory vote on frequency: 1-year option won with 137.9M votes; 2-years 69K, 3-years 10.7M, abstentions 8.3M.

## SEC filing metadata
- accession: 0001140361-24-027921
- form_type: 8-K
- ticker: FBP
- cik: 0001057706
- company_name: FIRST BANCORP /PR/
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057706/000114036124027921/0001140361-24-027921-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1057706/000114036124027921/ef20030220_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-027921
- JSON: https://secwatch.observer/filing/0001140361-24-027921.json
- Plain text: https://secwatch.observer/filing/0001140361-24-027921.txt

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