FirstSun CCO granted RSUs, shares withheld for tax

FIRSTSUN CAPITAL BANCORP Chief Credit Officer Jennifer Norris received equity awards and had shares withheld for taxes.

Rhea-AI Filing Summary

FIRSTSUN CAPITAL BANCORP Chief Credit Officer Jennifer Norris received equity awards and had shares withheld for taxes. She was granted 5,485 time-vesting restricted stock units that vest in three equal annual installments and 3,958 shares delivered from performance-based restricted stock units that vested after a three-year performance period. To cover tax withholding on these vestings, 1,368 shares were withheld at a price of $36.46 per share. After these compensation-related transactions, she holds 15,093 shares of common stock directly.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Norris Jennifer

Role Chief Credit Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.0001 par value	5,485	$0.00	$0.00
Grant/Award	Common Stock, $0.0001 par value	3,958	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock, $0.0001 par value	1,368	$36.46	$50K

Holdings After Transaction: Common Stock, $0.0001 par value — 15,093 shares (Direct)

Footnotes (4)

1. F1. Award of time-vesting restricted stock units that vest in three equal annual installments on the anniversary of the grant date.
2. F2. Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on April 1, 2023, under the company's Long- Term Incentive Plan and vested upon achievement of performance goals for the applicable three-year performance period.
3. F3. Shares withheld on vesting of restricted stock unit awards to cover tax withholding.
4. F4. Based on market closing price on the day before the transaction date.

Key Figures

Time-vesting RSU grant: 5,485 shares Performance-based RSU vesting: 3,958 shares Shares withheld for taxes: 1,368 shares +2 more

5 metrics

Time-vesting RSU grant 5,485 shares Award vests in three equal annual installments from April 1, 2026

Performance-based RSU vesting 3,958 shares Shares delivered after three-year performance period under Long-Term Incentive Plan

Shares withheld for taxes 1,368 shares Withheld upon RSU vesting to cover tax obligations

Tax valuation price $36.46 per share Based on market closing price on the day before transaction date

Shares held after transactions 15,093 shares Direct holdings of common stock following reported Form 4 activity

Key Terms

restricted stock units, time-vesting restricted stock units, performance-based restricted stock units, Long-Term Incentive Plan, +1 more

5 terms

restricted stock units financial

"Award of time-vesting restricted stock units that vest in three equal annual installments"

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.

time-vesting restricted stock units financial

"Award of time-vesting restricted stock units that vest in three equal annual installments"

performance-based restricted stock units financial

"Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units"

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

Long-Term Incentive Plan financial

"granted to the reporting person on April 1, 2023, under the company's Long- Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

tax withholding financial

"Shares withheld on vesting of restricted stock unit awards to cover tax withholding"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did FSUN Chief Credit Officer Jennifer Norris report in this Form 4?

She reported equity compensation activity, not open-market trading. Norris received 5,485 time-vesting restricted stock units and 3,958 performance-based shares, with 1,368 shares withheld to cover taxes. These transactions are part of the company’s long-term incentive compensation.

How many FirstSun (FSUN) restricted stock units were granted to Jennifer Norris?

Norris received 5,485 time-vesting restricted stock units. These units vest in three equal annual installments on each anniversary of the April 1, 2026 grant date, representing ongoing compensation tied to continued service with FIRSTSUN CAPITAL BANCORP over multiple years.

What are the performance-based shares mentioned in the FSUN Form 4?

The filing shows 3,958 shares delivered from performance-based restricted stock units. These were granted on April 1, 2023 under the Long-Term Incentive Plan and vested after the company achieved specified performance goals over a three-year performance period.

Why were 1,368 FSUN shares disposed of in Jennifer Norris’s Form 4?

The 1,368-share disposition is tax withholding, not a market sale. These shares were withheld upon vesting of restricted stock unit awards to satisfy tax obligations, valued using the $36.46 per share market closing price on the day before the transaction date.

How many FSUN shares does Jennifer Norris hold after these transactions?

After the reported equity awards and tax withholding, Norris directly holds 15,093 shares of FIRSTSUN CAPITAL BANCORP common stock. This reflects the net position following the two stock award acquisitions and the single share withholding transaction disclosed in the Form 4 filing.

Are the FSUN Form 4 transactions open-market buys or sells?

No, they are compensation-related entries. The two “A” code transactions are grant or award acquisitions of restricted stock units and vested shares, while the “F” code transaction reflects shares withheld to pay taxes, not discretionary buying or selling in the open market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 03:35 PM Learn about SEC filing dates

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^*

Norris Jennifer

(Last) (First) (Middle)

C/O FIRSTSUN CAPITAL BANCORP

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)

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

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		5,485(1)	A	$0	12,503	D
Common Stock, $0.0001 par value	04/01/2026		A		3,958(2)	A	$0	16,461	D
Common Stock, $0.0001 par value	04/01/2026		F		1,368(3)	D	$36.46(4)	15,093	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. Award of time-vesting restricted stock units that vest in three equal annual installments on the anniversary of the grant date.

2. Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on April 1, 2023, under the company's Long- Term Incentive Plan and vested upon achievement of performance goals for the applicable three-year performance period.

3. Shares withheld on vesting of restricted stock unit awards to cover tax withholding.

4. Based on market closing price on the day before the transaction date.

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)