In 2021, Aurelio Aleman-Bermudez earned $1.76M in total compensation at First BanCorp, including $959.00K salary and $720.45K bonus. Most recently acquired 353,136 shares in Mar 2025. Currently holds stock worth $87.64M. Has donated $2.41M in stock to charitable causes. Led First BanCorp as CEO for 8 years.
Compensation History
Annual executive compensation data for Aurelio Aleman-Bermudez, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$1.76M
Salary
$959.00K
Bonus
$720.45K
Other
$83.01K
Salary
$959.00KBoard Justification
The Corporation’s executive compensation program is performance-oriented and designed to support corporate strategic goals, including improved profitability and stockholder value appreciation.
Bonus
$720.45KBoard Justification
Includes a one-time Integration Award of $719,250 for successful integration and achievement of targeted cost savings related to the Acquired Operations.
Other Compensation
$83.01KBoard Justification
Includes benefits such as company-owned vehicles, life insurance premiums, and other perquisites.
Restricted Stock
Board Justification
No stock was reported as vested in 2021; only stock grants are included in the total calculations.
Performance Metrics
The performance metrics for the CEO include corporate profitability, asset quality, risk management, and individual performance.
Aurelio Aleman-Bermudez
Ex-CEO of First BanCorp
Education
None
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1975 - 50 years ago
CEO of First BanCorp for
8 years 6 months (Apr 2013 - Oct 2021)
Previous Experience
Executive Vice President, Consumer Banking
Holdings
Track Aurelio Aleman-Bermudez's stock holdings and portfolio value over time.
Total Stock Sold
$8.53M
$8.53M
505,000 FBP shares
What if they kept their stock?
If Aurelio Aleman-Bermudez didn't sell their stock, today they would have:
Extra FBP505,000 shares worth $10.15M.
This is 18.89% and $1.61M more than what they got when they sold the stock.
Charitable Transactions
120,000 shares
FBP
Recent Charitable Transactions
10,000 shares
FBP
Dec 6, 2024
Charity
10,000 shares
FBP
Dec 31, 2022
Charity
10,000 shares
FBP
Dec 31, 2021
Charity
10,000 shares
FBP
Dec 31, 2021
Charity
40,000 shares
FBP
Dec 31, 2018
Charity
40,000 shares
FBP
Dec 31, 2017
Charity
Insider Trading
Aurelio Aleman-Bermudez's recent stock transactions, purchases, and sales filed with the SEC.
$6.48M
FBP at $18.35/share
Mar 19, 2025
Received
10,000 shares
FBP
Dec 6, 2024
Charity
$1.08M
FBP at $21.64/share
Nov 11, 2024
Sale
$2.16M
FBP at $21.57/share
Jul 29, 2024
Sale
$1.04M
FBP at $17.35/share
Mar 21, 2024
Received
$858.30K
FBP at $17.17/share
Mar 5, 2024
Sale
$789.65K
FBP at $15.79/share
Dec 7, 2023
Sale
$825.00K
FBP at $11.99/share
Mar 16, 2023
Received
10,000 shares
FBP
Dec 31, 2022
Charity
$608.78K
FBP at $15.22/share
Nov 8, 2022
Sale
Rivals
Compare Aurelio Aleman-Bermudez with competitor CEOs and industry peers.
Timothy S. Crane
CEO of Wintrust Financial
2023 Compensation
Stock
$276.30K
Salary
$1.00M
Bonus
$1.14M
Other
$33.85K
Total Holdings
$10.29M
Vincent J. Delie, Jr.
CEO of F.N.B. Corporation
2023 Compensation
Stock
$11.00M
Salary
$1.19M
Bonus
$0.00
Other
$649.18K
Total Holdings
$24.28M
Joseph S. Exnicios
CEO of Hancock Whitney Corporation
2023 Compensation
Stock
$265.86K
Salary
$553.84K
Bonus
$383.43K
Other
$67.08K
Total Holdings
$1.50K
H. Palmer Proctor, Jr.
CEO of Ameris Bancorp
2023 Compensation
Stock
$1.90M
Salary
$925.00K
Bonus
$1.44M
Other
$98.20K
Total Holdings
$1.46M