No actionable signal from this cluster. The dollar amount is too small relative to market cap to indicate informed selling. Monitor for any larger insider sales or a pattern of sustained C-suite selling before drawing conclusions.
Price Chart
Executive Summary
Two FBP insiders (a Director and an EVP) sold a combined $1.03M in open-market transactions over a 7-day window. The total represents just 0.024% of the company's $4.3B market cap, making this a routine, immaterial cluster with no predictive signal.
Key Financial Metrics
Key Facts
- Director Roberto R. Herencia sold 26,350 shares at $28.48 for $750K on 2026-09-02.
- EVP Nayda Rivera sold 10,000 shares at $28.19 for $282K on 2026-08-26.
- Total cluster value $1.03M equals 0.024% of FBP's $4.3B market cap.
- Both sales are open-market (code S); no 10b5-1 plan noted.
- FBP has 83% analyst bullish consensus (10 Buy/Strong Buy, 2 Hold).
Financial Impact
Trivial — $1.03M in insider sales is 0.024% of market cap, well below the 0.1% materiality threshold.
Risk Factors
- If selling accelerates to >0.5% of market cap in coming weeks, it could signal management concern.
- No other cross-filings (earnings, M&A, restructuring) accompany this cluster to amplify its meaning.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FBP-1788555691652 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $27.31 | awaiting T+60 | — | $27.38 (+0.26%) |
Sep 4, 2026 7w ago | Insider Cluster | $28.08 | awaiting T+60 | — | $27.38 (−2.49%) |
May 12, 2026 23w ago | 8-K | $23.36 $29.06 | ▲ +24.40% | ▲ +20.02% | $27.38 (+17.21%) |
Apr 22, 2026 26w ago | 8-K | $23.67 $27.44 | ▲ +15.93% | ▲ +11.15% | $27.38 (+15.67%) |
Mar 25, 2026 30w ago | DEFA14A | $21.18 $25.74 | ▲ +21.52% | ▲ +7.58% | $27.38 (+29.27%) |
US Market Status
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