SCHEDULE 13G/A: FirstSun Capital Bancorp Insider Trusts Reallocate Significant Shareholdings

An amendment to a Schedule 13G filing reveals a reallocation of 2.55 million shares of FirstSun Capital Bancorp common stock among four family trusts, maintaining the overall beneficial ownership percentage.

Summary

• This Schedule 13G/A filing reports an amendment to the beneficial ownership of Class A Common Stock of FirstSun Capital Bancorp by four trusts: Twin Meadow VHC Trust, Mollie Hale Carter Trust Agreement, Wood Racket Trust FBO Mollie H. Carter, and Orion VHC Trust For the Mollie Hale Carter Family.
• As of the filing date, the Reporting Persons collectively beneficially own 2,554,475 shares of FirstSun Capital Bancorp's Common Stock, representing 9.18% of the outstanding shares.
• The percentage is calculated based on 27,833,378 shares of Common Stock outstanding as of May 9, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q.
• A reallocation of shares occurred on March 12, 2025, where the Twin Meadow Trust sold shares to the Wood Racket Trust (428,400 shares), the Mollie Hale Carter Trust (312,650 shares), and the Orion Trust (284,400 shares).
• Following the reallocation, the Twin Meadow Trust beneficially owns 1,025,450 shares (3.68%), the Wood Racket Trust owns 666,500 shares (2.40%), the Mollie Hale Carter Trust owns 509,125 shares (1.83%), and the Orion Trust owns 353,400 shares (1.27%).
• Mollie H. Carter serves as trustee or co-trustee for all four trusts and is also a director and officer of FirstSun Capital Bancorp.
• The aggregate number of shares beneficially owned by the Reporting Persons as a group has not changed since the initial Schedule 13G was filed on November 14, 2024.

Sentiment

Score: 5

Explanation: The document is a factual report of beneficial ownership reallocation among related trusts, with no positive or negative implications for the company's operations or financial health. The aggregate ownership percentage remains unchanged.

Future Outlook

This Schedule 13G/A filing pertains solely to beneficial ownership reporting and does not contain any forward-looking statements or guidance regarding the Issuer's business operations or financial performance.

Industry Context

This filing is a routine disclosure of beneficial ownership changes within a related party group for a financial institution. It does not provide insights into broader industry trends or competitive dynamics, focusing instead on internal shareholding structure.

Related Party Transactions

• A reallocation of shares occurred on March 12, 2025, between four trusts (Twin Meadow VHC Trust, Mollie Hale Carter Trust Agreement, Wood Racket Trust FBO Mollie H. Carter, and Orion VHC Trust For the Mollie Hale Carter Family) where Mollie H. Carter serves as trustee or co-trustee. Mollie H. Carter is also a director and officer of the Issuer, FirstSun Capital Bancorp. This internal reallocation was reported by her on a Form 4.

Stakeholder Impact

• Shareholders: Provides transparency regarding the internal ownership structure and control within a significant beneficial ownership group. The aggregate beneficial ownership percentage of the group remains unchanged, indicating no dilution or new concentration of control from this specific transaction.
• Management/Board: Mollie H. Carter, a director and officer, maintains her influence over these shares through her trustee roles, reinforcing existing governance structures related to her beneficial ownership.

Key Dates

Keywords

FirstSun Capital Bancorp, Schedule 13G, Beneficial Ownership, Common Stock, Trusts, Share Reallocation, SEC Filing, Mollie H. Carter, Insider Ownership