As of November 6, 2026, First Bancorp /Pr/ has reported one leadership change filing to the SEC under Item 5.02 of Form 8-K, on July 1, 2026 (Form 8-K, July 1, 2026).
30 companies changed executives this week.
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| Bain Capital Specialty Finance, Inc. | named a new Director | |
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First Bancorp /Pr/ reported a change among its directors and officers to the SEC on Form 8-K, Item 5.02, on 2026-07-01. Every row below is cited to the filing it comes from, and this page adds each new change as First Bancorp /Pr/ files it.
Also on the record for First Bancorp /Pr/
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| August 6, 2026 | Stake report, Schedule 13G/A, by FMR LLC | 3.9% of the class | 5%+ stakes | Source |
| April 28, 2026 | Stake report, Schedule 13G, by Vanguard Capital Management | 5.23% of the class | 5%+ stakes | Source |
| April 28, 2026 | Stake report, Schedule 13G, by Vanguard Portfolio Management | 8.39% of the class | 5%+ stakes | Source |
| March 26, 2026 | Stake report, Schedule 13G/A, by The Vanguard Group | — | 5%+ stakes | Source |
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More on First Bancorp /Pr/ and the records around it.
First Bancorp /Pr/ elsewhere on the record
Companies that share a holder
- FMR LLC also filed stake reports on 761 other companies: ASPEN NEUROSCIENCE INC (Nov 2026), AVALO THERAPEUTICS INC (Nov 2026), BRAZE INC (Nov 2026)
- Vanguard Portfolio Management also filed stake reports on 941 other companies: Newmark Group Inc (Nov 2026), A10 Networks Inc (Oct 2026), ADT Inc (Oct 2026)
- Vanguard Capital Management also filed stake reports on 1495 other companies: A10 Networks Inc (Oct 2026), Altisource Portfolio Solutions SA (Oct 2026), Alto Neuroscience Inc (Oct 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-07-01 | Reported | not named in the filing | 8-K/A, 2026-07-01 |
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Reported
Consulting Arrangement with Orlando Berges In connection with his retirement, on June 30, 2026, Mr. Berges and FirstBank Puerto Rico, a subsidiary of the Corporation entered into a Professional Services Agreement (the "PSA") under which Mr. Berges will provide consulting and advisory services as an independent contractor to the Corporation from July 1, 2026 through December 31, 2026 (the "Term"), unless earlier terminated.
- The PSA may be renewed upon mutual agreement of the parties prior to the end of the Term.
- During the Term of the PSA, the Corporation shall pay Mr. Berges an hourly fee of $300 for the services provided pursuant to the PSA, which will be provided only as requested by the Corporation and subject to Mr. Berges' availability.
- The PSA also provides that, during the Term, Mr. Berges shall provide advisory and consulting services to the Corporation in connection with pending or historical matters, financial and accounting matters, strategic and transactional matters, as well as audit, regulatory, and examination support.
- The PSA contains customary confidentiality, non-solicitation, and non-competition provisions, with the non-solicitation and non-competition covenants applying for twelve (12) months and six (6) months, respectively, following termination of the PSA.
- Compensatory Arrangement with Said Ortiz In connection with Mr. Ortiz's appointment as Executive Vice President and Chief Financial Officer, the Corporation entered into a one-year employment agreement (the "Agreement") effective July 1, 2026 with Mr. Ortiz.
- The Agreement automatically renews for successive one-year periods unless the Corporation or Mr. Ortiz provides prior notice of non-renewal.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.