First Carolina Financial (FCBM) director adds 7,000 IPO program shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Carolina Financial Services, Inc. director Sandra Bell Boone reported an open-market purchase of 7,000 shares of common stock at $12.50 per share. Following this transaction, she directly holds 304,782 shares. The shares were purchased through a directed share program connected to the company’s initial public offering.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,000 shares ($87,500)
Net Buy
1 txn
Insider
Boone Sandra Bell
Role
null
Bought
7,000 shs ($88K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,000 | $12.50 | $88K |
Holdings After Transaction:
Common Stock — 304,782 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 7,000 shares
Purchase price: $12.50 per share
Shares owned after: 304,782 shares
+1 more
4 metrics
Shares purchased
7,000 shares
Open-market purchase on reported transaction date
Purchase price
$12.50 per share
Price paid for each common share bought
Shares owned after
304,782 shares
Direct holdings following the transaction
Transaction type
Open-market purchase
Non-derivative common stock acquisition
Key Terms
open-market purchase, directed share program, initial public offering
3 terms
open-market purchase financial
"The transaction was an open-market purchase of 7,000 shares of common stock."
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.
FAQ
What insider transaction did First Carolina Financial (FCBM) report?
First Carolina Financial director Sandra Bell Boone bought 7,000 common shares at $12.50 each. The purchase was an open-market transaction under a directed share program related to the company’s initial public offering.
Was the First Carolina Financial (FCBM) insider transaction a buy or sell?
The transaction was a buy. Sandra Bell Boone executed an open-market purchase of 7,000 First Carolina Financial common shares, increasing her directly held position as reported in the Form 4 filing.