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First Carolina Financial (FCBM) director reports direct and indirect stock holdings

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(Neutral)
Form Type
3

Rhea-AI Filing Summary

First Carolina Financial Services, Inc. director Oyler David Shawver filed an initial Form 3 reporting his ownership in the company’s common stock. He reports 45,410 shares held indirectly through Trifecta Investment Capital, LLC and 24,000 shares held directly. Footnotes explain these amounts include several restricted stock awards granted between 2024 and 2026 that vest over multi‑year schedules.

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Insider Oyler David Shawver
Role Director
Type Security Shares Price Value
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 24,000 shares (Direct); Common Stock — 45,410 shares (Indirect, By Trifecta Investment Capital, LLC)
Footnotes (1)
  1. [object Object]
Indirect common shares 45,410 shares Indirect ownership via Trifecta Investment Capital, LLC
Direct common shares 24,000 shares Direct ownership reported on Form 3
2024 RSA grant 4,678 shares Restricted stock awards granted January 1, 2024; vest in five annual installments
2025 RSA grant 5,972 shares Restricted stock awards granted January 1, 2025; vest in five annual installments
2026 RSA grant (1-year) 3,886 shares Restricted stock awards granted January 1, 2026; vest on first anniversary
2026 RSA grant (5-year) 4,114 shares Restricted stock awards granted January 1, 2026; vest in five annual installments
Common Stock financial
"security_title: Common Stock for both direct and indirect holdings"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
restricted stock awards financial
"Includes (i) 4,678 restricted stock awards ("RSAs") granted on January 1, 2024"
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.
RSAs financial
"RSAs granted on January 1, 2025 that vest in five substantially equal annual installments"
vest financial
"RSAs granted on January 1, 2026 that vest on the first anniversary of the grant date"
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.
indirect financial
"ownership_type: indirect; nature_of_ownership: By Trifecta Investment Capital, LLC"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does First Carolina Financial Services (FCBM) director’s Form 3 report?

The Form 3 reports director Oyler David Shawver’s existing holdings of First Carolina Financial common stock. It discloses direct and indirect ownership, including restricted stock awards that vest over time, but does not show any new stock purchases or sales.

How many First Carolina Financial (FCBM) shares does the director hold indirectly?

Oyler David Shawver reports indirect ownership of 45,410 shares of First Carolina Financial common stock. These shares are held through Trifecta Investment Capital, LLC and include restricted stock awards granted in 2024, 2025, and 2026 subject to time-based vesting.

How many First Carolina Financial (FCBM) shares does the director hold directly?

The filing shows 24,000 shares of First Carolina Financial common stock held directly by director Oyler David Shawver. Footnotes clarify that part of the position reflects restricted stock awards that vest over several years rather than immediately available, fully vested shares.

What restricted stock awards are disclosed for First Carolina Financial (FCBM)?

The footnote lists RSAs of 4,678 shares granted January 1, 2024, 5,972 shares granted January 1, 2025, and two grants on January 1, 2026 of 3,886 and 4,114 shares. These vest in installments or after one year, depending on the specific grant.

Does the First Carolina Financial (FCBM) Form 3 show any insider buying or selling?

The Form 3 is an initial ownership report and does not show explicit buy or sell transactions. Instead, it details the director’s existing direct and indirect holdings and explains the structure and vesting schedules of several restricted stock award grants.
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*
Oyler David Shawver

(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)
06/17/2026
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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 Stock24,000(1)D
Common Stock45,410IBy Trifecta Investment Capital, LLC
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 (i) 4,678 restricted stock awards ("RSAs") granted on January 1, 2024 that vest in five substantially equal annual installments on the first five anniversaries of the grant date; (ii) 5,972 RSAs granted on January 1, 2025 that vest in five substantially equal annual installments on the first five anniversaries of the grant date; (iii) 3,886 RSAs granted on January 1, 2026 that vest on the first anniversary of the grant date; and (iv) 4,114 RSAs granted on January 1, 2026 that vest in five substantially equal annual installments on the first five anniversaries of the grant date.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Kristen Brabble, as attorney-in-fact06/17/2026
** 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)