Form 4: FirstSun Capital Bancorp Executive Reports Stock Transactions
SEC Form 4 Filing
Jennifer Norris, Chief Credit Officer of FirstSun Capital Bancorp, reports acquisition and disposal of company stock related to vesting of performance-based restricted stock units.
Summary
- On April 30, 2025, Jennifer Norris, Chief Credit Officer of FirstSun Capital Bancorp, reported transactions involving the company's common stock.
- Norris acquired 2,664 shares of common stock through the vesting of performance-based restricted stock units granted on April 30, 2022, under the company's Long Term Incentive Plan.
- Simultaneously, 649 shares were withheld for taxes at a price of $34.99 per share upon the settlement of these restricted stock units.
- Following these transactions, Norris directly owns 7,018 shares of FirstSun Capital Bancorp common stock, which includes 5,003 restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects routine transactions related to executive compensation. The vesting of stock units is generally a positive sign, but the tax withholding is a neutral event.
Positives
- The vesting of performance-based restricted stock units suggests the 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 restricted stock units.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into insider transactions, allowing investors to monitor 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 |
|---|---|
| 04/01/2022 | Effective date of the company's Long Term Incentive Plan. |
| 04/30/2022 | Date performance-based restricted stock units were granted to the reporting person. |
| 04/30/2025 | Date of stock transactions (acquisition and disposal due to vesting and tax withholding). |
| 04/01/2026 | Start date for the three equal annual installments of vesting for 5,003 restricted stock units. |
Keywords
Form 4, FIRSTSUN CAPITAL BANCORP, FSUN, Jennifer Norris, Chief Credit Officer, Stock Transaction, Restricted Stock Units, Vesting, Beneficial Ownership
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