STOCK TITAN

FirstSun (FSUN) CAO gets RSU awards, ends with 16,514 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FIRSTSUN CAPITAL BANCORP Chief Administrative Officer Laura J. Frazier reported equity awards and related tax withholding in common stock. She received 5,485 shares as a time-vesting restricted stock unit award and 4,751 shares delivered upon vesting of performance-based restricted stock units granted under the Long-Term Incentive Plan. In connection with the vesting, 1,883 shares were withheld at $36.46 per share to cover tax obligations, a non-market disposition. After these transactions, she directly holds 16,514 shares of common stock.

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Insider Frazier Laura J
Role Chief Administrative Officer
Type Security Shares Price Value
Grant/Award Common Stock, $0.0001 par value 5,485 $0.00 --
Grant/Award Common Stock, $0.0001 par value 4,751 $0.00 --
Tax Withholding Common Stock, $0.0001 par value 1,883 $36.46 $69K
Holdings After Transaction: Common Stock, $0.0001 par value — 13,646 shares (Direct)
Footnotes (1)
  1. Award of time-vesting restricted stock units that vest in three equal annual installments on the anniversary of the grant date. 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. Shares withheld on vesting of restricted stock unit awards to cover tax withholding. Based on market closing price on the day before the transaction date.
Time-vesting RSU award 5,485 shares Restricted stock units vesting in three equal annual installments
Performance-based RSU vesting delivery 4,751 shares Shares delivered upon vesting of performance-based RSUs granted April 1, 2023
Shares withheld for taxes 1,883 shares Withheld on vesting of RSU awards to cover tax withholding
Tax withholding price $36.46 per share Based on market closing price on the day before the transaction date
Holdings after tax withholding 16,514 shares Total FirstSun common shares directly held after all reported transactions
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.
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*
Frazier Laura J

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Administrative 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)
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 value04/01/2026A5,485(1)A$013,646D
Common Stock, $0.0001 par value04/01/2026A4,751(2)A$018,397D
Common Stock, $0.0001 par value04/01/2026F1,883(3)D$36.46(4)16,514D
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
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 attorney04/02/2026
** 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)

FAQ

What insider transactions did FSUN executive Laura J. Frazier report?

Laura J. Frazier reported equity compensation transactions in FirstSun Capital Bancorp common stock. She received 5,485 time-vesting restricted stock units and 4,751 shares from vesting performance-based awards, with 1,883 shares withheld to cover tax obligations related to the vesting events.

How many FirstSun (FSUN) shares does Laura J. Frazier hold after the Form 4?

After the reported transactions, Laura J. Frazier directly holds 16,514 shares of FirstSun Capital Bancorp common stock. This reflects new restricted stock unit awards, shares delivered upon vesting of prior performance-based awards, and shares withheld to satisfy tax withholding requirements tied to those vestings.

What restricted stock awards did FSUN grant to Laura J. Frazier?

Laura J. Frazier received 5,485 time-vesting restricted stock units that vest in three equal annual installments on the grant anniversary. She also received 4,751 shares from performance-based restricted stock units that vested after achieving goals over a three-year performance period under the Long-Term Incentive Plan.

Why were 1,883 FSUN shares disposed of in Laura J. Frazier’s Form 4?

The 1,883 FirstSun Capital Bancorp shares were withheld to cover tax withholding on vesting restricted stock unit awards, not sold in the open market. The disposition reflects payment of tax liabilities using shares valued at $36.46 based on the market closing price before the transaction date.

How are Laura J. Frazier’s FSUN restricted stock units scheduled to vest?

The time-vesting restricted stock units granted to Laura J. Frazier vest in three equal annual installments on each anniversary of the grant date. This schedule spreads the compensation over multiple years, aligning her equity awards with continued service and long-term company performance.