STOCK TITAN

FIRSTSUN Capital Bancorp (FSUN) director exercises options and shifts shares to trust

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FIRSTSUN CAPITAL BANCORP director Beverly O. Elving exercised stock options covering 7,553 shares of common stock at an exercise price of $19.72 per share. The resulting common shares were acquired indirectly by the Beverly O. Elving Revocable Trust, with 4,505 shares delivered or withheld for payment of exercise price or tax liability. Following these transactions, Elving holds 3,852 common shares directly.

Positive

  • None.

Negative

  • None.
Insider ELVING BEVERLY O
Role Director
Type Security Shares Price Value
Exercise Stock Option, Common Stock, $0.0001 par value 7,553 $0.00 $0.00
Exercise Common Stock, $0.0001 par value 7,553 $19.72 $149K
Exercise Price or Tax Liability Common Stock, $0.0001 par value 4,505 $40.88 $184K
holding Common Stock, $0.0001 par value -- -- --
Holdings After Transaction: Stock Option, Common Stock, $0.0001 par value — 0 shares (Direct); Common Stock, $0.0001 par value — 8,934 shares (Indirect, By Beverly O. Elving Revocable Trust); Common Stock, $0.0001 par value — 3,852 shares (Direct)
Options exercised 7,553 shares Stock options for common stock exercised by Beverly O. Elving on 2026-08-13
Option exercise price $19.72 per share Conversion or exercise price of the stock option
Shares delivered/withheld for exercise price or tax liability 4,505 shares Common shares delivered or withheld at $40.88 per share
Share value for exercise price or tax $40.88 per share Price used for shares delivered or withheld for exercise price or tax liability
Direct common shares held after transactions 3,852 shares Direct holdings of Beverly O. Elving following the reported transactions
Option expiration date 2027-07-20 Expiration date of the exercised stock option
Stock Option financial
"Stock Option, Common Stock, $0.0001 par value"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Revocable Trust financial
"nature_of_ownership: By Beverly O. Elving Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"

FAQ

What did FIRSTSUN Capital Bancorp (FSUN) director Beverly O. Elving report on this Form 4?

Beverly O. Elving reported exercising stock options for 7,553 shares of FIRSTSUN Capital Bancorp common stock at $19.72 per share, with the resulting shares acquired indirectly by the Beverly O. Elving Revocable Trust and some shares delivered or withheld to cover costs.

How many FIRSTSUN (FSUN) stock options did Beverly O. Elving exercise and at what price?

Elving exercised options covering 7,553 shares of FIRSTSUN common stock at an exercise price of $19.72 per share. These options related to common stock with a par value of $0.0001 and had an original exercise date of July 20, 2021 and expiration in 2027.

How many FIRSTSUN (FSUN) shares were used to pay exercise price or tax liability in this Form 4?

The Form 4 shows that 4,505 shares of FIRSTSUN common stock, valued at $40.88 per share, were delivered or withheld for payment of exercise price or tax liability in connection with the option exercise, and are held indirectly by the Beverly O. Elving Revocable Trust.

What are Beverly O. Elving’s direct FIRSTSUN (FSUN) share holdings after these transactions?

After the reported transactions, Beverly O. Elving directly holds 3,852 shares of FIRSTSUN Capital Bancorp common stock. Additional shares involved in the exercise and delivery/withholding are held indirectly through the Beverly O. Elving Revocable Trust as disclosed in the Form 4.

How are Beverly O. Elving’s FIRSTSUN (FSUN) shares characterized in terms of ownership?

The option exercise created common shares that are reported as held indirectly by the Beverly O. Elving Revocable Trust, while 3,852 shares are reported as held directly by Elving. The Form 4 distinguishes between direct and indirect ownership types for these holdings.

What type of derivative security did Beverly O. Elving exercise in FIRSTSUN (FSUN)?

Elving exercised a Stock Option for common stock of FIRSTSUN Capital Bancorp, covering 7,553 underlying shares at an exercise price of $19.72. The option related to common stock with $0.0001 par value and carries an expiration date of July 20, 2027.

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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*
ELVING BEVERLY O

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
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 Stock, $0.0001 par value08/13/2026M7,553A$19.7213,439IBy Beverly O. Elving Revocable Trust
Common Stock, $0.0001 par value08/13/2026F4,505D$40.888,934IBy Beverly O. Elving Revocable Trust
Common Stock, $0.0001 par value3,852D
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
Stock Option, Common Stock, $0.0001 par value$19.7208/13/2026M7,55307/20/202107/20/2027Common Stock, $0.0001 par value7,553$00D
Explanation of Responses:
Remarks:
/s/ Kelly C. Rackley, by power of attorney08/14/2026
** 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)