Form 4: FirstSun Capital Bancorp CFO Reports Stock Transactions
SEC Form 4 Filing
Robert A. Cafera, CFO of FirstSun Capital Bancorp, reports acquisition and disposal of company stock related to vesting of performance-based restricted stock units.
Summary
- Robert A. Cafera, the Chief Financial Officer of FirstSun Capital Bancorp, filed a Form 4 detailing changes in beneficial ownership.
- On April 30, 2025, Cafera acquired 4,263 shares of common stock due to the vesting of performance-based restricted stock units granted on April 30, 2022.
- These units were part of the company's Long-Term Incentive Plan, effective April 1, 2022, and vested upon achievement of performance goals.
- Also on April 30, 2025, 1,252 shares were withheld for taxes related to the settlement of these restricted stock units at a price of $34.99.
- Following these transactions, Cafera directly owns 135,226 shares of FirstSun Capital Bancorp common stock, which includes 6,948 restricted stock units vesting in equal annual installments starting April 1, 2026.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects routine transactions related to executive compensation. The vesting of performance-based restricted stock units is generally 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
- Shares were withheld for taxes, reducing the net gain from the vesting of the restricted stock units.
Future Outlook
The reporting person holds 6,948 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 routine disclosures required by the SEC to provide transparency into insider transactions, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| April 1, 2022 | Effective date of the company's Long-Term Incentive Plan |
| April 30, 2022 | Date performance-based restricted stock units were granted to the reporting person |
| April 30, 2025 | Date of stock acquisition and disposal due to vesting of restricted stock units and tax withholding |
| April 1, 2026 | Start date for the three equal annual installments of vesting for 6,948 restricted stock units |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Restricted Stock Units, FirstSun Capital Bancorp, Cafera, CFO
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