FirstSun Capital Bancorp (FSUN) director receives 2,140-share equity grant

Rhea-AI Filing Summary

FirstSun Capital Bancorp director Sam Edelson reported an acquisition of 2,140 shares of common stock through an equity award. The shares were received at a price of $0.0000 per share as a grant, not an open-market purchase. According to the footnote, they were issued in exchange for 13,308 unvested restricted stock units of First Foundation Inc. that were assumed and replaced with FirstSun RSUs in connection with the merger of First Foundation with and into FirstSun, using an exchange ratio of 0.16083 FirstSun share per First Foundation share. After this transaction, Edelson directly holds 2,140 shares of FirstSun common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Edelson Sam

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.0001 par value	2,140	$0.00	--

Holdings After Transaction: Common Stock, $0.0001 par value — 2,140 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 2,140 shares Grant price: $0.0000 per share Post-transaction holdings: 2,140 shares +2 more

5 metrics

Shares granted 2,140 shares Common stock award reported on Form 4

Grant price $0.0000 per share Price for awarded FirstSun common stock

Post-transaction holdings 2,140 shares Directly held after the reported award

Converted RSUs 13,308 RSUs Unvested First Foundation RSUs exchanged

Exchange ratio 0.16083 FirstSun shares per First Foundation share in merger

Key Terms

restricted stock units ("RSUs"), exchange ratio, merger, grant, award, or other acquisition

4 terms

restricted stock units ("RSUs") financial

"Received in exchange for 13,308 unvested restricted stock units ("RSUs") of First Foundation Inc."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

exchange ratio financial

"based on the exchange ratio in the merger of 0.16083 of a share"

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.

merger financial

"in connection with the merger of First Foundation with and into FirstSun"

A merger is when two companies combine into a single business, with ownership and control reorganized so they operate as one entity. For investors it matters because mergers can change the value and risk of holdings—shares may be exchanged, diluted, or rise if the combined company saves costs or gains market power, and the deal often depends on regulatory approval and successful integration like two households joining resources and routines.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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

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^*

Edelson Sam

(Last) (First) (Middle)

1400 16TH STREET

SUITE 250

(Street)

DENVER COLORADO 80202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRSTSUN CAPITAL BANCORP [ FSUN ]

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, $0.0001 par value	04/01/2026		A		2,140	A	(1)	2,140	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. Received in exchange for 13,308 unvested restricted stock units ("RSUs") of First Foundation Inc. ("First Foundation") that were assumed by FirstSun Capital Bancorp ("FirstSun") and replaced with RSUs of FirstSun, in connection with the merger of First Foundation with and into FirstSun. Each unvested RSU of First Foundation was converted into an RSU of FirstSun with respect to FirstSun common stock, based on the exchange ratio in the merger of 0.16083 of a share of FirstSun common stock for each share of First Foundation common stock.

Remarks:

	/s/ Kelly C. Rackley, by power of attorney	04/02/2026
	** 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 Sam Edelson report for FSUN?

Sam Edelson reported receiving 2,140 shares of FirstSun Capital Bancorp common stock as an equity award. The grant carried a $0.0000 per share price and reflects stock-based compensation rather than an open-market purchase, increasing his directly held position to 2,140 shares.

How did the 2,140 FirstSun shares granted to Sam Edelson arise from the merger?

The 2,140 shares came from converting 13,308 unvested restricted stock units of First Foundation Inc. into FirstSun RSUs. The conversion followed the merger of First Foundation with and into FirstSun, using an exchange ratio of 0.16083 FirstSun share for each First Foundation share.

Was Sam Edelson’s FSUN Form 4 transaction a market purchase or a grant?

The Form 4 shows a grant or award acquisition, not a market purchase. Edelson received 2,140 FirstSun common shares at $0.0000 per share as part of stock-based compensation linked to the merger, rather than buying shares on the open market.

What does the exchange ratio of 0.16083 mean in the FSUN insider filing?

The exchange ratio of 0.16083 means each unvested First Foundation RSU converted into an RSU for FirstSun common stock based on that fraction. For every share of First Foundation common stock tied to an RSU, the holder received 0.16083 of a FirstSun common share.

How many First Foundation RSUs were converted into FirstSun awards for Sam Edelson?

The filing states that 13,308 unvested restricted stock units of First Foundation Inc. were assumed by FirstSun. These RSUs were replaced with RSUs of FirstSun common stock, resulting in Edelson’s reported 2,140-share grant after applying the stated exchange ratio from the merger.