4Filed Jun 21, 8:00 PM ET
First Carolina (FCBM) Director John Gussenhoven Buys 16,000 Shares
$FCBM · First Carolina Financial Services, Inc.Research Summary
AI-generated summary of this SEC filing
First Carolina (FCBM) Director John Gussenhoven Buys 16,000 Shares
What Happened
John Walter Gussenhoven, a director of First Carolina Financial Services, Inc. (FCBM), purchased 16,000 shares on 2026-06-18 at $12.50 per share, for a total cash outlay of $200,000. This was a purchase (transaction code P), not a sale.
Key Details
- Transaction date: 2026-06-18; Price: $12.50 per share; Shares acquired: 16,000; Total value: $200,000.
- Filing date: 2026-06-22 (filed within the standard two business-day window following the trade).
- Shares owned after the transaction: not disclosed in the provided filing details.
- Footnote: Purchase was made pursuant to a directed share program in connection with the issuer’s initial public offering (see footnote F1).
- Transaction type: Open market or private purchase (reported as P).
Context
A directed share program in an IPO typically allows insiders or affiliates to buy a designated allocation of IPO shares, often at the offering price. Purchases by insiders are generally seen as more informative than sales because they represent an insider putting personal capital to work, but this summary is factual only and does not infer motivation.