H. Lee (Alternative) Fund Vi L.p. Thomas, 10% Owner at FIRST BANCORP /PR/ (FBP), sold 840,903 shares at $6.67 ($5.6M) on 2013-09-13, disclosed to the SEC on 2013-09-17.
Open-market sale of $5.6M FBP by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.