Director Parker C. Allen granted 2,099 FSUN shares for board service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parker C. Allen reported acquisition or exercise transactions in this Form 4 filing.
FIRSTSUN CAPITAL BANCORP director Parker C. Allen received a stock grant for board service. He was awarded 2,099 shares of common stock at no stated purchase price as an annual restricted stock award. The grant vests on the one-year anniversary of the grant date. After this award, Allen directly holds 4,239 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parker C. Allen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value | 2,099 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.0001 par value — 4,239 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 2,099 shares
Price per share: $0.0000 per share
Holdings after transaction: 4,239 shares
+1 more
4 metrics
Restricted stock grant
2,099 shares
Annual restricted stock award for board service
Price per share
$0.0000 per share
Reported transaction price for the grant
Holdings after transaction
4,239 shares
Total common shares directly held after grant
Vesting period
One year
Restricted stock vests on one-year anniversary of grant date
Key Terms
restricted stock award, vests, board service
3 terms
restricted stock award financial
"Annual restricted stock award for board service, which vests on the one-year anniversary"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
vests financial
"which vests on the one-year anniversary of the grant date"
board service financial
"Annual restricted stock award for board service, which vests"
FAQ
What did Parker C. Allen report in this Form 4 for FSUN?
Parker C. Allen reported receiving 2,099 shares of FIRSTSUN CAPITAL BANCORP common stock as an annual restricted stock award for board service, which vests after one year and increased his direct holdings to 4,239 shares.
Is the FSUN Form 4 transaction a purchase or a grant?
The FSUN Form 4 shows a grant, not an open-market purchase. Allen acquired 2,099 restricted shares as compensation for board service, with a reported price per share of $0.0000, indicating an award rather than a cash transaction.
What does transaction code "A" mean in the FSUN Form 4?
Transaction code "A" in this FSUN Form 4 indicates a grant, award, or other acquisition. Here it refers to 2,099 restricted shares awarded to director Parker C. Allen as annual board compensation rather than an open-market buy or sell transaction.