Form 4: FirstSun Capital Bancorp CEO Neal Arnold Reports Stock Transactions
SEC Form 4 Filing
CEO Neal Arnold of FirstSun Capital Bancorp reports acquisition of shares through vesting of performance-based restricted stock units and subsequent withholding of shares for taxes.
Summary
- On April 30, 2025, Neal Arnold, CEO and President of FirstSun Capital Bancorp, acquired 24,872 shares of common stock due to the vesting of performance-based restricted stock units.
- These units were granted on April 30, 2022, under the company's Long-Term Incentive Plan and vested upon achievement of performance goals.
- Simultaneously, 7,300 shares were withheld for taxes at a price of $34.99 per share.
- Following these transactions, Arnold directly owns 273,544 shares and indirectly owns 232,348 shares held in a joint brokerage account.
- He also holds 23,624 restricted stock units that vest in three equal annual installments starting April 1, 2026.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it primarily reports routine stock transactions related to executive compensation. The vesting of performance-based restricted stock units is a positive sign, but the tax withholding is a neutral event.
Positives
- The vesting of performance-based restricted stock units indicates achievement of performance goals under the company's Long-Term Incentive Plan.
Negatives
- 7,300 shares were withheld for taxes, reducing the net gain from the vesting of restricted stock units.
Future Outlook
The reporting person holds 23,624 restricted stock units which represents a contingent right to receive one share of common stock. The restricted stock units vest in three equal annual installments beginning on April 1, 2026.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors regarding the buying and selling activities of company executives and directors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/30/2022 | Date performance-based restricted stock units were granted to the reporting person under the company's Long-Term Incentive Plan, effective April 1, 2022. |
| 04/30/2025 | Date of the reported transactions: acquisition of shares through vesting and withholding for taxes. |
| 04/01/2026 | Start date for the three equal annual installments of vesting for 23,624 restricted stock units. |
| 05/01/2025 | Date of signature for the Form 4 filing. |
Keywords
FirstSun Capital Bancorp, Neal Arnold, Stock Transactions, Form 4, Restricted Stock Units, Vesting, CEO, FSUN
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