8,000-share buy for First Carolina (NASDAQ: FCBM) director trust
Rhea-AI Filing Summary
First Carolina Financial Services director Vincent C. Andracchio II, through the Vincent C. Andracchio Living Trust, purchased 8,000 shares of common stock at $12.50 per share on June 18, 2026 in an open-market transaction. A footnote states these shares were bought under a directed share program connected to the company’s initial public offering. After this purchase, the living trust holds 33,284 shares indirectly. The filing also lists other existing holdings, including 92,426 shares held directly and additional indirect positions through various family and estate-related entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,000 shares
Net Buy
9 txns
Insider
Andracchio Vincent Charles II
Role
Director
Bought
8,000 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 8,000 | $12.50 | $100K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 33,284 shares (Indirect, By Vincent C. Andracchio Living Trust);
Common Stock — 92,426 shares (Direct);
Common Stock — 1,400 shares (Indirect, By spouse);
Common Stock — 77,624 shares (Indirect, By L.A. Dunn, Jr. Marital Trust B);
Common Stock — 5,000 shares (Indirect, By Sylvia B. Andracchio Family Trust);
Common Stock — 80,942 shares (Indirect, By L.A. Dunn, Jr. Family Trust A);
Common Stock — 216,284 shares (Indirect, By Leon Algernon Dunn, Jr. Irrevocable Life Insurance Trust);
Common Stock — 75,228 shares (Indirect, By Guardian Holdings, Inc.)
Footnotes (1)
- F1. Reflects shares purchased pursuant to a directed share program in connection with the Issuer's initial public offering.
Key Figures
Shares purchased: 8,000 shares
Purchase price: $12.50 per share
Trust holdings after transaction: 33,284 shares
+3 more
6 metrics
Shares purchased
8,000 shares
Open-market purchase on June 18, 2026
Purchase price
$12.50 per share
Price for 8,000-share buy
Trust holdings after transaction
33,284 shares
Vincent C. Andracchio Living Trust
Direct holdings
92,426 shares
Shares held directly by reporting person
Guardian Holdings position
75,228 shares
Indirect ownership via Guardian Holdings, Inc.
Family Trust A position
80,942 shares
Indirect via L.A. Dunn, Jr. Family Trust A
Key Terms
open-market purchase, directed share program, initial public offering, indirect, +1 more
5 terms
open-market purchase financial
"documented as an open-market purchase in connection with the trust’s acquisition"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
initial public offering financial
"pursuant to a directed share program in connection with the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
indirect financial
"The filing classifies several positions as indirect, including the living trust holdings"
Form 4 regulatory
"The Form 4 reports insider holdings and the new purchase by the trust"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did the FCBM director’s trust buy in this Form 4 filing?
The Vincent C. Andracchio Living Trust bought 8,000 shares of First Carolina Financial Services common stock. The purchase was an open-market transaction at $12.50 per share, documented as part of a directed share program tied to the company’s initial public offering.
Does the Form 4 show other holdings for Vincent C. Andracchio II in FCBM?
Yes. Besides the living trust, the Form 4 lists additional indirect holdings through family and estate-related entities and a direct holding of 92,426 shares. Each line reflects a separate account or trust structure associated with the reporting person.