The estimated Net Worth of Michael Goodwin Mayer is at least $5.55 million dollars as of 22 September 2023. Mr. Mayer owns over 500 units of First Bancorp stock worth over $4,287,282 and over the last 11 years he sold FBNC stock worth over $183,848. In addition, he makes $1,083,640 as President, President and Chief Executive Officer of First Bank et Director at First Bancorp.
Michael has made over 14 trades of the First Bancorp stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 500 units of FBNC stock worth $13,480 on 22 September 2023.
The largest trade he's ever made was selling 3,658 units of First Bancorp stock on 18 May 2018 worth over $149,905. On average, Michael trades about 205 units every 74 days since 2014. As of 22 September 2023 he still owns at least 104,035 units of First Bancorp stock.
You can see the complete history of Mr. Mayer stock trades at the bottom of the page.
Michael G. Mayer serves as President, President and Chief Executive Officer of First Bank, Director of the Company. Mr. Mayer was named the President of the Company in February 2016 and was appointed to the Board of Directors in February 2017. Prior to joining the Company, Mr. Mayer served as Chief Executive Officer of 1st Financial Services Corporation, the parent company of Mountain 1st Bank & Trust, a position he held from January 2010 until 1st Financial Services Corporation’s acquisition in January 2014. He previously served as President and Chief Executive Officer of Carolina Commerce Bank from 2009 until 2010 and Colony Signature Bank (In Organization) from 2007 to 2009, and has held various senior banking positions over his 30 year banking career.
As the President, President and Chief Executive Officer of First Bank et Director of First Bancorp, the total compensation of Michael Mayer at First Bancorp is $1,083,640. There are no executives at First Bancorp getting paid more.
Michael Mayer is 60, he's been the President, President and Chief Executive Officer of First Bank et Director of First Bancorp since 2017. There are 8 older and 10 younger executives at First Bancorp. The oldest executive at First Bancorp is Thomas Phillips, 74, who is the Independent Director.
Michael's mailing address filed with the SEC is 20 Craig Rd, Pinehurst, NC 28374, USA.
Over the last 22 years, insiders at First Bancorp have traded over $17,692,248 worth of First Bancorp stock and bought 227,194 units worth $4,368,757 . The most active insiders traders include George R Jr Perkins, Goldie H Wallace et Mason Y Garrett. On average, First Bancorp executives and independent directors trade stock every 23 days with the average trade being worth of $132,902. The most recent stock trade was executed by Mason Y Garrett on 26 July 2024, trading 52,800 units of FBNC stock currently worth $2,289,936.
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First Bancorp executives and other stock owners filed with the SEC include: