Form 4: Director Spencer Cohn Receives FirstSun Stock Award
Statement of Changes in Beneficial Ownership
Director Spencer Cohn was granted 2,099 shares of FirstSun Capital Bancorp common stock as part of an annual board service award.
Summary
- Director Spencer Cohn received an annual restricted stock award of 2,099 shares of FirstSun Capital Bancorp common stock.
- The shares were issued to Castle Creek Advisors IX LLC on behalf of Mr. Cohn in his capacity as a board member.
- The award vests on the one-year anniversary of the grant date, which was June 8, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
The restricted stock award vests on the one-year anniversary of the grant date, June 8, 2027.
Industry Context
StockSavvy.ai notes that annual equity grants for non-employee directors are standard corporate governance practice in the banking sector to ensure long-term alignment with shareholder interests.
Comparison to Industry Standards
- The grant of restricted stock for board service is consistent with standard compensation practices for publicly traded financial institutions.
Related Party Transactions
- The shares were issued to Castle Creek Advisors IX LLC, an entity associated with the reporting person.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation event.
Next Steps
- Vesting of the 2,099 restricted shares on June 8, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/08/2026 | Date of the restricted stock grant transaction. |
| 06/10/2026 | Date the Form 4 was signed and filed. |
Keywords
FirstSun Capital Bancorp, FSUN, Form 4, Insider Transaction, Director Compensation, Spencer Cohn
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