MACKOVAK BENJAMIN 4
Research Summary
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FIRSTSUN (FSUN) Director Benjamin Mackovak Receives Award
What Happened Benjamin Mackovak, a director of FIRSTSUN Capital Bancorp (FSUN), was granted 2,099 restricted shares on 2026-06-08. The grant is reported at $0.00 per share (no cash paid at grant) and is described as an annual restricted stock award that vests on the one‑year anniversary of the grant date. The Form 4 covering this transaction was filed on 2026-06-10.
Key Details
- Transaction date: 2026-06-08; Filing date: 2026-06-10 (appears timely).
- Transaction type: Award/Grant (code A) — 2,099 shares at $0.00 (acquired).
- Vesting: Footnote F1 — annual restricted stock award, vests one year after grant.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote F2: Notes that some shares are owned by Strategic Value Investors LP; Mackovak, as a managing member of the GP, may be deemed to beneficially own those LP-held shares for Section 16 purposes but expressly disclaims ownership except to his pecuniary interest.
Context Restricted stock awards are a form of compensation that typically vest over time (here, one year); they are not an open-market purchase or sale and do not indicate an immediate change in market exposure unless later sold. This grant increases Mackovak’s potential future stake in FIRSTSUN once vesting occurs; it is routine board compensation rather than a market transaction.