FSUN (FSUN) director Mackovak granted 2,099 restricted shares for board service
Rhea-AI Filing Summary
MACKOVAK BENJAMIN reported acquisition or exercise transactions in this Form 4 filing.
FIRSTSUN CAPITAL BANCORP director Benjamin Mackovak reported an equity award and updated holdings. On June 8, 2026, he received a grant of 2,099 shares of common stock as an annual restricted stock award for board service, which vests on the one-year anniversary of the grant date.
After this grant, he directly holds 4,239 shares of common stock. An additional 1,151,160 shares are owned by Strategic Value Investors LP, an investment entity with which he is associated; he may be deemed to beneficially own those shares for Section 16 purposes, but he expressly disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,099 shares
Net Buy
2 txns
Insider
MACKOVAK BENJAMIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value | 2,099 | $0.00 | $0.00 |
| holding | Common Stock, $0.0001 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.0001 par value — 4,239 shares (Direct);
Common Stock, $0.0001 par value — 1,151,160 shares (Indirect, Owned directly by Strategic Value Investors LP)
Footnotes (2)
- F1. Annual restricted stock award for board service, which vests on the one-year anniversary of the grant date.
- F2. Owned directly by Strategic Value Investors LP. The reporting person, solely by virtue of his position as a managing member of Strategic Value Bank Partners LLC, which serves as the general partner of Strategic Value Investors LP, may be deemed to beneficially own the shares owned by Strategic Value Investors LP for purposes of Section 16. The reporting person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Key Figures
Restricted stock award: 2,099 shares
Direct holdings after grant: 4,239 shares
Indirect holdings via Strategic Value Investors LP: 1,151,160 shares
+1 more
4 metrics
Restricted stock award
2,099 shares
Annual restricted stock award for board service on June 8, 2026
Direct holdings after grant
4,239 shares
Common stock directly held by Benjamin Mackovak after the award
Indirect holdings via Strategic Value Investors LP
1,151,160 shares
Common stock owned by Strategic Value Investors LP associated with Mackovak
Par value of common stock
$0.0001 par value
Par value per share of FIRSTSUN CAPITAL BANCORP common stock
Key Terms
restricted stock award, Section 16, beneficial ownership, pecuniary interest
4 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.
Section 16 regulatory
"may be deemed to beneficially own the shares ... for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
beneficial ownership financial
"may be deemed to beneficially own the shares ... expressly disclaims beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FSUN director Benjamin Mackovak report?
Benjamin Mackovak reported receiving an annual restricted stock award of 2,099 FSUN common shares. This equity grant compensates him for board service and vests on the one-year anniversary of the June 8, 2026 grant date, increasing his direct share ownership.
What is the vesting schedule for Benjamin Mackovak’s new FSUN restricted stock award?
The 2,099-share restricted stock award for Benjamin Mackovak’s board service vests on the one-year anniversary of the June 8, 2026 grant date. Until vesting, the shares are subject to restrictions typical for board-related equity compensation.
What indirect holdings in FSUN are associated with Benjamin Mackovak?
An entity called Strategic Value Investors LP holds 1,151,160 FSUN common shares. Mackovak may be deemed to beneficially own these for Section 16 purposes through related roles, but he expressly disclaims beneficial ownership except for his pecuniary interest in the partnership.
Was the reported FSUN award an open-market purchase or compensation grant?
The reported 2,099 FSUN shares were granted as an annual restricted stock award for board service, not purchased on the open market. The Form 4 classifies this as a grant, award, or other acquisition under transaction code A.