First Carolina Financial (NASDAQ: FCBM) credit chief buys 1,100 IPO program shares
Rhea-AI Filing Summary
First Carolina Financial Services, Inc. Chief Credit Officer of the Bank, Suiter Overton Stokes III, bought additional company stock in an open-market transaction. He purchased 1,100 shares of common stock at $12.50 per share on June 18, 2026.
Following this purchase, his directly held position increased to 84,100 shares of common stock. The filing notes that these shares were acquired through a directed share program connected to the company’s initial public offering.
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Insider Trade Summary
Net Buyer: 1,100 shares
Net Buy
1 txn
Insider
Suiter Overton Stokes III
Role
Chief Credit Officer of Bank
Bought
1,100 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,100 | $12.50 | $14K |
Holdings After Transaction:
Common Stock — 84,100 shares (Direct)
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: 1,100 shares
Purchase price: $12.50 per share
Shares owned after: 84,100 shares
+1 more
4 metrics
Shares purchased
1,100 shares
Open-market purchase on June 18, 2026
Purchase price
$12.50 per share
Common Stock transaction
Shares owned after
84,100 shares
Direct holdings following transaction
Net buy shares
1,100 shares
Net-buy direction in transaction summary
Key Terms
open-market purchase, directed share program, initial public offering, Common Stock
4 terms
open-market purchase financial
"He purchased 1,100 shares of common stock at $12.50 per share in an open-market transaction."
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
"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.
Common Stock financial
"He purchased 1,100 shares of common stock at $12.50 per share."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Suiter Overton Stokes III report at FCBM?
Suiter Overton Stokes III reported buying 1,100 shares of First Carolina Financial Services common stock. The shares were purchased at $12.50 each in an open-market transaction connected to a directed share program tied to the company’s initial public offering.
What role does Suiter Overton Stokes III hold at First Carolina Financial Services?
Suiter Overton Stokes III serves as Chief Credit Officer of the Bank subsidiary of First Carolina Financial Services. His Form 4 filing reflects a personal open-market purchase of 1,100 common shares, bringing his directly held stake to 84,100 shares following the transaction.