First Carolina (FCBM) Director Sandra Bell Boone Buys 7,000 Shares

What Happened
Sandra Bell Boone, a director of First Carolina Financial Services, Inc. (NASDAQ: FCBM), acquired 7,000 shares on 2026-06-18 at $12.50 per share, for a total cash outlay of $87,500. The transaction is reported as a purchase (transaction code P) and was filed on Form 4 on 2026-06-22. This was an acquisition rather than a sale.

Key Details

• Transaction date: 2026-06-18
• Price: $12.50 per share; total value $87,500
• Transaction type/code: Purchase (P) — open market/private purchase reported; footnote clarifies directed share program
• Footnote: F1 — shares were purchased pursuant to a directed share program in connection with the issuer’s initial public offering (IPO)
• Shares owned after transaction: Not specified in the provided filing
• Filing date: 2026-06-22 — filing appears timely relative to the transaction date
• No 10% owner status or other special owner designation indicated in the filing

Context
The purchase was made under a directed share program tied to the company’s IPO, which typically means shares were allocated to insiders or affiliates as part of the offering rather than bought on the open market at a later time. Purchases by insiders are often noted by investors as informative, but the filing itself does not state the insider’s motivation.