First Foundation (FFWM) director’s 13,308-share stake converted in FirstSun merger

Rhea-AI Filing Summary

First Foundation Inc. director Parker C. Allen reported a disposition of 13,308 shares of common stock back to the issuer in connection with the company’s merger with FirstSun Capital Bancorp. The disposition reflects the merger closing rather than an open-market trade.

Under the Merger Agreement, each First Foundation share converted into the right to receive 0.16083 shares of FirstSun common stock, with cash paid instead of fractional shares. The 13,308 shares included restricted stock units, which were assumed by FirstSun and converted into restricted stock units over FirstSun stock using the same exchange ratio. After the merger, Allen no longer beneficially owns any First Foundation common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Parker C. Allen

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock	13,308	$0.00	--

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

1. Disposed of pursuant to the Agreement and Plan of Merger, dated October 27, 2025 (the "Merger Agreement"), by and between the Issuer and FirstSun Capital Bancorp ("FirstSun"). Pursuant to the terms of the Merger Agreement, at the effective time of the merger, each share of Issuer common stock converted into the right to receive 0.16083 shares of FirstSun common stock (the "Exchange Ratio"), with cash paid in lieu of fractional shares. As a result of the merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of Issuer common stock. Includes restricted stock units with respect to 13,308 shares of the Issuer's common stock. Pursuant to the Merger Agreement, at the effective time of the merger, the restricted stock units were assumed by FirstSun and converted into restricted stock units with respect to a number of shares of FirstSun common stock equal to the number of issuer shares underlying the restricted stock unit multiplied by the Exchange Ratio.

Key Figures

Shares disposed: 13,308 shares Exchange ratio: 0.16083 shares Restricted stock units affected: 13,308 shares +1 more

4 metrics

Shares disposed 13,308 shares Common stock disposed of to issuer in merger-related transaction

Exchange ratio 0.16083 shares FirstSun common stock per First Foundation share under Merger Agreement

Restricted stock units affected 13,308 shares RSUs over First Foundation stock converted into FirstSun RSUs using exchange ratio

Shares held after transaction 0 shares First Foundation common stock beneficially owned by Parker C. Allen post‑merger

Key Terms

Agreement and Plan of Merger, restricted stock units, Exchange Ratio

3 terms

Agreement and Plan of Merger regulatory

"Disposed of pursuant to the Agreement and Plan of Merger, dated October 27, 2025"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

restricted stock units financial

"Includes restricted stock units with respect to 13,308 shares of the Issuer's common stock."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Exchange Ratio financial

"converted into the right to receive 0.16083 shares of FirstSun common stock (the "Exchange Ratio")"

The exchange ratio is the number used to decide how many shares of one company you get for each share you own in another company during a merger or acquisition. It’s like a recipe that tells you how to swap shares fairly, ensuring both companies’ values are balanced. This ratio matters because it determines how ownership divides between the companies' shareholders.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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

X

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^*

Parker C. Allen

(Last) (First) (Middle)

5221 NORTH O'CONNOR BOULEVARD

STE 1375

(Street)

IRVING TEXAS 75039

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
First Foundation Inc. [ FFWM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		D		13,308	D	$0.00	0(1)(2)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Disposed of pursuant to the Agreement and Plan of Merger, dated October 27, 2025 (the "Merger Agreement"), by and between the Issuer and FirstSun Capital Bancorp ("FirstSun"). Pursuant to the terms of the Merger Agreement, at the effective time of the merger, each share of Issuer common stock converted into the right to receive 0.16083 shares of FirstSun common stock (the "Exchange Ratio"), with cash paid in lieu of fractional shares. As a result of the merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of Issuer common stock.

2. Includes restricted stock units with respect to 13,308 shares of the Issuer's common stock. Pursuant to the Merger Agreement, at the effective time of the merger, the restricted stock units were assumed by FirstSun and converted into restricted stock units with respect to a number of shares of FirstSun common stock equal to the number of issuer shares underlying the restricted stock unit multiplied by the Exchange Ratio.

	/s/ Bruno Carrijo, attorney in fact for Charles Allen Parker	04/01/2026
	** Signature of Reporting Person	Date
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 FFWM director Parker C. Allen report?

Parker C. Allen reported a disposition of 13,308 shares of First Foundation (FFWM) common stock back to the issuer. The transaction occurred as part of the company’s merger with FirstSun Capital Bancorp, not through an open-market sale or purchase.

How was First Foundation (FFWM) stock converted in the FirstSun merger?

Each share of First Foundation (FFWM) common stock converted into the right to receive 0.16083 shares of FirstSun Capital Bancorp common stock. Any fractional share amounts were settled in cash instead of issuing partial FirstSun shares to former FFWM holders.

What happened to Parker C. Allen’s restricted stock units in the FFWM merger?

Allen held restricted stock units covering 13,308 shares of First Foundation common stock. At the merger’s effective time, these units were assumed by FirstSun and converted into restricted stock units over FirstSun shares, using the 0.16083 exchange ratio for the underlying share count.

Does Parker C. Allen still own any First Foundation (FFWM) shares after the merger?

After the merger with FirstSun Capital Bancorp, Parker C. Allen no longer beneficially owns any First Foundation (FFWM) common stock. His holdings, including restricted stock units, were converted into rights or awards linked to FirstSun common stock under the agreed exchange ratio.

Was the FFWM insider disposition an open-market sale of shares?

The disposition was not an open-market sale. Instead, 13,308 First Foundation (FFWM) shares were disposed of to the issuer pursuant to the Merger Agreement with FirstSun Capital Bancorp. The event reflects merger mechanics rather than discretionary buying or selling in the public market.