FIRSTSUN CAPITAL BANCORP·4

Apr 2, 5:15 PM ET

CARTER MOLLIE H 4

Research Summary

AI-generated summary

Updated

FirstSun (FSUN) Exec Chair Mollie Carter Receives Award; Shares Withheld

What Happened
Mollie H. Carter, Executive Chair and Director of FirstSun Capital Bancorp (FSUN), was awarded 6,856 restricted shares that vested on April 1, 2026 in connection with the closing of the merger (award code A). To cover tax withholding associated with the vesting, 1,691 shares were withheld (code F) on April 1 at an attributed price of $36.46 per share, totaling $61,654. The award and withholding are routine corporate actions tied to vesting, not an open-market sale.

Key Details

  • Transaction dates: Award recorded 2026-03-31 (vested 2026-04-01 per footnote); withholding occurred 2026-04-01 and reported 2026-04-02.
  • Prices/values: Withheld shares valued at $36.46 each (based on prior close), total ~$61,654. Awarded shares had $0 acquisition price (restricted stock grant).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Notable footnotes: F1 (restricted stock vested at merger close); F2 (shares withheld to cover tax withholding); F3 (price based on prior day close); F4–F7 note various trusts over which Carter serves as trustee/co-trustee and where family members are beneficiaries.
  • Filing timeliness: Report filed 2026-04-02 for transactions occurring 3/31–4/1; appears timely (Form 4 is typically due within 2 business days).

Context
This was a restricted stock award that vested upon the merger closing; the withholding of 1,691 shares to satisfy tax obligations is a common, administrative step (cashless withholding) and should not be read as a discretionary sale of shares on the open market. No 10b5-1 plan, gifts, or option exercises are indicated in this filing excerpt.