Form 4: FirstSun Capital Bancorp Executive Reports Stock Transactions

Sentiment:

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

DateDescription
04/01/2022Effective date of the company's Long Term Incentive Plan.
04/30/2022Date performance-based restricted stock units were granted to the reporting person.
04/30/2025Date of stock transactions (acquisition and disposal due to vesting and tax withholding).
04/01/2026Start 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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