ARNOLD NEAL E 4
Research Summary
AI-generated summary
FirstSun Capital (FSUN) CEO Neal Arnold Receives RSUs; Shares Withheld
What Happened
- Neal E. Arnold, President, CEO and Director of FirstSun Capital Bancorp (FSUN), received awards of restricted stock units (RSUs) on April 1, 2026 totaling 67,120 shares (30,170 + 36,950). On the same date 10,914 shares were delivered/withheld to satisfy tax withholding obligations at an assumed price of $36.46 per share, totaling approximately $397,924. The filings show award (code A) and tax withholding (code F) transactions.
Key Details
- Transaction dates: April 1, 2026 (filed April 2, 2026).
- Awards: 30,170 RSUs (time-vesting) and 36,950 RSUs (performance-based vesting/delivery).
- Tax withholding: 10,914 shares withheld (disposed) at $36.46/share (value ≈ $397,924). Price based on prior trading day close per filing.
- Ownership after transaction: filing does not state total shares beneficially owned after these transactions; filing notes 232,348 shares are held in a joint brokerage account with spouse.
- Notable footnotes: time-vesting RSUs vest in three equal annual installments; performance RSUs were granted April 1, 2023 and vested upon meeting three‑year performance goals; shares were withheld to cover tax withholding.
- Timeliness: Transactions occurred April 1 and were filed April 2, 2026 (appears filed promptly the next day).
Context
- These were equity awards and a withholding for taxes, not an open-market sale or purchase. Withholding of shares to cover taxes (code F) is a routine administrative action and does not necessarily indicate selling for investment reasons. Performance RSUs reflect compensation tied to multi-year goals; time-vesting RSUs vest over upcoming anniversaries.