Paul Charles Albert III 4
Research Summary
AI-generated summary
First Carolina (FCBM) Director Paul Charles Albert III Buys 7,000 Shares
What Happened
- Paul Charles Albert III, a director of First Carolina Financial Services, Inc. (FCBM), acquired 7,000 shares on 2026-06-18.
- Purchase price was $12.50 per share, for a total transaction value of $87,500.
- This was a purchase (insider buy), executed pursuant to a directed share program tied to the issuer’s initial public offering.
Key Details
- Transaction date: 2026-06-18; Filing date (Form 4): 2026-06-22 — appears to be filed within the standard two-business-day window.
- Price: $12.50 per share; Shares acquired: 7,000; Total value: $87,500.
- Footnote: F1 — shares were purchased pursuant to a directed share program in connection with the issuer’s IPO.
- Shares owned after the transaction: not specified in this filing.
Context
- Purchases made under directed share programs are allocations from an IPO offering, not open-market buys; they reflect participation in the IPO allocation rather than secondary-market accumulation.
- Insider purchases are often watched by investors as one data point on confidence, but they should be considered alongside other fundamentals and disclosures.