The chief executive of First Community Bancorp sold 100,000 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Tuesday, Matthew P. Wagner reported he sold the shares Friday and Monday for $30.50 to $31.74 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
First Community Bancorp is based in San Diego.