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First Carolina Financial Services (FCBM) discloses 19,000-share holding

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

First Carolina Financial Services, Inc. reported the initial equity holdings of Chief Rev. & Strategy Officer Douglas Andrew Mathieson. He holds 19,000 shares of common stock directly, including 15,000 restricted stock awards granted on February 1, 2026 that vest in five equal installments starting January 1, 2027 and on each anniversary thereafter.

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Insider MATHIESON DOUGLAS ANDREW
Role Chief Rev. & Strategy Officer
Type Security Shares Price Value
holding Common Stock F1 -- -- --
Holdings After Transaction: Common Stock — 19,000 shares (Direct)
Footnotes (1)
  1. F1. Includes 15,000 restricted stock awards granted on February 1, 2026 that vest in five equal installments beginning on January 1, 2027 and each anniversary thereafter.
Total common shares owned 19,000 shares Total shares of common stock beneficially owned following the reported holdings
Restricted stock awards 15,000 shares Restricted stock awards granted to Douglas Mathieson included within the 19,000 total shares
Grant date of restricted stock February 1, 2026 Date the 15,000 restricted stock awards were granted
Number of vesting installments 5 installments Restricted stock awards vest in five equal installments
Vesting start date January 1, 2027 First vesting date for restricted stock awards, with remaining installments on each anniversary
restricted stock awards financial
"Includes 15,000 restricted stock awards granted on February 1, 2026"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
vest financial
"that vest in five equal installments beginning on January 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
installments financial
"vest in five equal installments beginning on January 1, 2027"
Installments are a series of scheduled partial payments that together cover a larger amount owed or due, like paying for a purchase or loan in weekly or monthly pieces rather than all at once. For investors, installments matter because they change when cash moves between parties, affect a company’s or counterparty’s short-term cash flow and risk of missed payments, and can influence valuation or perceived financial stability much like spreading the cost of a car over monthly payments.
Chief Rev. & Strategy Officer other
"Officer title listed as Chief Rev. & Strategy Officer"

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FAQ

What does the Form 3 filing reveal about FCBM executive Douglas Mathieson’s holdings?

The Form 3 shows Douglas Andrew Mathieson beneficially owns 19,000 shares of First Carolina Financial common stock. This total includes 15,000 restricted stock awards subject to a multi-year vesting schedule beginning in 2027.

How many restricted stock awards in FCBM does Douglas Mathieson hold?

Douglas Mathieson holds 15,000 restricted stock awards of First Carolina Financial Services, Inc. These awards were granted on February 1, 2026 and are part of his total reported ownership of 19,000 common shares.

When will Douglas Mathieson’s FCBM restricted stock awards vest?

The 15,000 restricted stock awards granted to Douglas Mathieson vest in five equal installments. Vesting begins on January 1, 2027, with additional installments vesting on each anniversary date thereafter until fully vested.

Does the FCBM Form 3 for Douglas Mathieson indicate any recent stock purchases or sales?

No specific buy or sell transactions are reported in this Form 3. The filing serves as an initial statement of beneficial ownership, listing Mathieson’s 19,000 common shares, including 15,000 restricted stock awards.

How much First Carolina Financial (FCBM) common stock does Douglas Mathieson own?

Douglas Andrew Mathieson beneficially owns 19,000 shares of First Carolina Financial common stock. This figure includes 15,000 restricted stock awards that are scheduled to vest over five years starting January 1, 2027.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
MATHIESON DOUGLAS ANDREW

(Last)(First)(Middle)
C/O FIRST CAROLINA FINANCIAL SERVICES
2626 GLENWOOD AVENUE SUITE 200

(Street)
RALEIGH NORTH CAROLINA 27608

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
07/16/2026
3. Issuer Name and Ticker or Trading Symbol
First Carolina Financial Services, Inc. [ FCBM ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Rev. & Strategy Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock19,000(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 15,000 restricted stock awards granted on February 1, 2026 that vest in five equal installments beginning on January 1, 2027 and each anniversary thereafter.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Kristen Brabble, as attorney-in-fact07/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)