secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BANCORP /PR/ (FBP)
CIK:        0001057706
Form:       8-K
Filed at:   2025-05-27T23:59:59+00:00
Accession:  0001140361-25-020499
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

First BanCorp shareholders elect all eight director nominees, approve say-on-pay
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- All eight director nominees elected; support ranged from 72.2% (Roberto R. Herencia) to 99.6% (Félix M. Villamil).
- Non-binding say-on-pay passed with 128.5M votes for (89.6% of cast) against 15.0M, 0.3M abstain, 8.4M broker non-votes.
- Ratification of Crowe LLP as auditor for 2025 approved with 151.7M for, 12K against, 0.4M abstain.
- Broker non-votes of 8.4M shares (5.3% of outstanding) on director and say-on-pay proposals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057706/000114036125020499/0001140361-25-020499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057706/000114036125020499/ef20049696_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-020499

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