STOCK TITAN

First Carolina Financial (FCBM) director adds 7,000 IPO program shares

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
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 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)
  1. [object Object]
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
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.
directed share program financial
"Reflects shares purchased pursuant to a directed share program in connection with the Issuer's initial public offering."
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Boone Sandra Bell

(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. Issuer Name and Ticker or Trading Symbol
First Carolina Financial Services, Inc. [ FCBM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/18/2026P7,000(1)A$12.5304,782D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects shares purchased pursuant to a directed share program in connection with the Issuer's initial public offering.
/s/ Kristen Brabble, as attorney-in-fact06/22/2026
** 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 4 (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 4: SEC 1474 (03-26)

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.

How many First Carolina Financial (FCBM) shares does Sandra Bell Boone now own?

After the reported purchase, Sandra Bell Boone directly owns 304,782 First Carolina Financial common shares. This figure reflects her holdings immediately following the 7,000-share acquisition disclosed in the Form 4 filing.

At what price were the new First Carolina Financial (FCBM) shares purchased?

The 7,000 First Carolina Financial common shares were purchased at $12.50 per share. This price applies to the entire reported transaction executed on the disclosed date in the Form 4 insider trading report.

What does a directed share program mean for First Carolina Financial (FCBM)?

The filing notes the shares were acquired through a directed share program tied to the initial public offering. Such programs typically allow certain participants, like directors, to purchase shares in connection with the offering on specified terms.

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.