First BanCorp shareholders approve 2026 omnibus incentive plan at annual meeting
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- First BanCorp held its annual shareholder meeting on May 6, 2026.
- Shareholders adopted First BanCorp 2026 Omnibus Incentive Plan, a new equity incentive program that authorizes up to 5 million shares for awards; no new awards will be made under prior 2016 plan.
- Non-binding advisory resolution on executive pay was endorsed.
- Appointment of Crowe LLP as independent registered public accounting firm for fiscal year ending Dec. 31, 2026 was ratified.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First BanCorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-020795), on May 12, 2026, and is solely responsible for the information contained therein.
