Parker C. Allen 4

What Happened

• Parker C. Allen, a director of First Foundation Inc. (FFWM), reported a disposition of 13,308 shares of FFWM common stock on April 1, 2026. The transaction shows $0 proceeds because the shares were converted under the companies' merger agreement rather than sold for cash.
• Under the Merger Agreement, each FFWM share converted into 0.16083 shares of FirstSun Capital Bancorp common stock (the "Exchange Ratio"), with cash paid in lieu of any fractional shares. The 13,308 FFWM shares converted into approximately 2,140.33 FirstSun shares (fractional share cash‑out). As a result, the reporting person no longer beneficially owns any FFWM common stock.

Key Details

• Transaction date: 2026-04-01; transaction code: D (Disposition to the issuer pursuant to merger).
• Shares disposed: 13,308 FFWM shares; price reported: $0.00; proceeds reported: $0.
• Post-transaction FFWM ownership: 0 shares beneficially owned.
• Footnotes: (F1) Disposition occurred under the Agreement and Plan of Merger (Oct 27, 2025) with FirstSun; (F2) the amount includes restricted stock units (13,308 RSU underlying shares), which were assumed and converted by FirstSun into RSUs based on the Exchange Ratio.
• Filing date/accession: Form 4 filed April 1, 2026 (Accession 0001104659-26-038694). No late filing indicated on the Form 4.

Context

• This was a merger-related conversion, not an open-market sale — the holder received FirstSun consideration (stock and cash for fractional shares) per the merger terms. For insiders, merger-driven dispositions typically reflect corporate transaction mechanics rather than a personal decision to sell.