secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BANCORP /PR/ (FBP)
CIK:        0001057706
Form:       8-K
Filed at:   2026-02-09T23:59:59+00:00
Accession:  0001140361-26-004288
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First BanCorp CFO Orlando Berges to retire June 30, 2026; Said Ortiz appointed successor
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- Orlando Berges retires as EVP & CFO after ~17 years; expects consulting agreement post-retirement.
- Said Ortiz, currently SVP & Chief Accounting Officer, becomes EVP & CFO effective July 1, 2026.
- Ortiz, age 40, has 19+ years of experience; previously at Ernst & Young and KPMG; CPA.
- Berges and Ortiz will work together to ensure a seamless transition through mid-2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057706/000114036126004288/0001140361-26-004288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057706/000114036126004288/ef20065079_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-004288

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