FSUN director granted 2,140 FirstSun shares
FIRSTSUN CAPITAL BANCORP director Parker C. Allen received 2,140 shares of common stock as a stock award.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
FIRSTSUN CAPITAL BANCORP director Parker C. Allen received 2,140 shares of common stock as a stock award. The Form 4 shows an acquisition coded as a grant at a price of $0.00 per share, leaving Allen with 2,140 shares held directly after the transaction.
The footnote explains these shares reflect RSUs assumed and converted in connection with the merger of First Foundation Inc. into FirstSun, using an exchange ratio of 0.16083 FirstSun shares for each First Foundation share.
Insider Trade Summary
Grant/Award: 2,140 shares
Grant/Award
1 txn
Insider
Parker C. Allen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value | 2,140 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $0.0001 par value — 2,140 shares (Direct)
Holdings Before and After:
Common Stock, $0.0001 par value, 0 to 2,140 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Shares acquired: 2,140 shares
Transaction price: $0.00 per share
Shares held after: 2,140 shares
+3 more
6 metrics
Shares acquired
2,140 shares
Common Stock grant on 2026-04-01
Transaction price
$0.00 per share
Grant/award acquisition
Shares held after
2,140 shares
Direct ownership following transaction
Prior RSUs exchanged
13,308 RSUs
Unvested First Foundation RSUs exchanged in merger
Exchange ratio
0.16083
FirstSun shares per First Foundation share in merger
Buy/sell activity
0 shares bought, 0 shares sold
Only one acquisition via grant reported
Key Terms
restricted stock units ("RSUs"), exchange ratio, merger, Common Stock, $0.0001 par value
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.
Common Stock, $0.0001 par value financial
"security_title": "Common Stock, $0.0001 par value""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Parker C. Allen’s Form 4 filing for FSUN report?
The filing reports that director Parker C. Allen received 2,140 shares of FIRSTSUN CAPITAL BANCORP common stock as a stock grant. The shares were acquired at $0.00 per share and are held directly after conversion of prior restricted stock units in a completed merger.
What was the nature of the FSUN stock transaction for Parker C. Allen?
The transaction is classified as a grant or award acquisition of common stock, not an open-market trade. It reflects restricted stock units assumed and converted in connection with a merger, rather than a discretionary purchase or sale in the market by the director.
What exchange ratio was used to convert First Foundation RSUs into FSUN RSUs?
Each unvested restricted stock unit of First Foundation was converted into a FirstSun RSU based on an exchange ratio of 0.16083 FirstSun common shares for each First Foundation common share, as described in the footnote detailing the merger-related conversion.
Does the FSUN Form 4 indicate any stock sales by Parker C. Allen?
The summarized data show only an acquisition coded as a grant or award and no sales. Transaction totals list one acquisition and zero sales, with Allen directly holding 2,140 shares of FIRSTSUN CAPITAL BANCORP common stock after this merger-related grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
