Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Bruce Tindal earned $395.00K in total compensation at First Bancorp, including $300.00K salary, $50.00K bonus and $25.00K in stock. Most recently acquired 1,400 shares in Jan 2025. Currently holds stock worth $644.25K. 2+ years at the helm of First Bancorp.

Compensation History

Annual executive compensation data for Bruce Tindal, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$395.00K

Salary

$300.00K

Bonus

$50.00K

Other

$20.00K

Salary

$300.00K

Board Justification

The compensation philosophy is designed to align the CEO's interests with those of shareholders, focusing on performance metrics and peer benchmarking to ensure competitive and fair compensation.

Bonus

$50.00K

Board Justification

The bonus is based on the company's performance metrics including net income and return on equity for the fiscal year 2023.

Other Compensation

$20.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid by the company.

Restricted Stock

$25.00K1K RSU

Board Justification

The stock that vested in 2023 is part of a long-term incentive plan that rewards performance over a three-year period, with vesting occurring at the end of the performance period.

Performance Metrics

Performance metrics include financial targets such as earnings per share growth and return on assets.

F

Bruce Tindal

CEO of First Bancorp

Sector of Economy

Financial Services

CEO of First Bancorp for

2 years 7 months (Apr 2023 - Present)

Previous Experience

Unknown

Holdings

Track Bruce Tindal's stock holdings and portfolio value over time.

Total Stock Sold

$121.82K

FNLC

$121.82K

4,000 FNLC shares

What if they kept their stock?

If Bruce Tindal didn't sell their stock, today they would have:
Extra FNLC4,000 shares worth $111.24K.
This is -8.68% and $10.58K less than what they got when they sold the stock.

Insider Trading

Bruce Tindal's recent stock transactions, purchases, and sales filed with the SEC.

FNLC

1,400 shares

FNLC

Jan 30, 2025

Received

FNLC

250 shares

FNLC

Feb 8, 2023

Received

FNLC

250 shares

FNLC

Feb 4, 2022

Received

FNLC

250 shares

FNLC

Jan 28, 2021

Received

FNLC

$122.35K

FNLC at $30.59/share

Oct 19, 2017

Sale

FNLC

250 shares

FNLC

Feb 23, 2017

Received

Rivals

Compare Bruce Tindal with competitor CEOs and industry peers.