First Bancorp (FBNC) executive compensation, 2026 proxy

Richard H. Moore, Chief Executive Officer of the Company, was paid $1.6M in 2025, up 23% from $1.3M the year before.

Filed
March 19, 2026
Annual meeting
April 28, 2026
Pay year
2025
Named executives
5
CEO total pay
$1.6M+23% vs prior year
CEO pay in equity
47%$774,381 in awards
Prior say-on-pay support
94%of votes cast
CEO Salary
$550,000Base salary for fiscal 2025
CEO Stock Awards
$774,381Granted in 2025
Median Employee Pay
$58,900Annual total compensation
Say on Pay Support
94%Prior year support

How Moore was paid

$1.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary34%Stock awards47%Non-equity incentive14%All other compensation6%

Named executive officers

ExecutiveTotal
Richard H. MooreChief Executive Officer of the Company$1,639,497
Michael G. MayerPresident of the Company$727,555
Gregory A. Currie, Jr.Chief Executive Officer and President of First Bank$1,914,798
Elizabeth B. BostianExecutive Vice President, Chief Financial Officer of the Company and First Bank$1,044,928
Christian A. WilsonChief Operating Officer of the Company and First Bank$795,682

What changed and why

  • $1.6MCEO total compensation increased to $1,639,497 in fiscal 2025 from $1,337,466 in fiscal 2024.
  • $774KStock awards for the CEO rose to $774,381 compared to $634,856 in the prior year.
  • $224KNon-equity incentive plan compensation for the CEO was $224,381 for 2025.
  • 94%At the 2025 annual meeting, 94% of votes cast approved the advisory say-on-pay proposal.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.