Parker C. Allen 4
4 · FIRSTSUN CAPITAL BANCORP · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
FirstSun (FSUN) Director Parker C. Allen Receives 2,140 Shares
What Happened Parker C. Allen, a director of FirstSun Capital Bancorp (FSUN), was reported on Form 4 as acquiring 2,140 shares on 2026-04-01 (transaction code A — award/grant/acquisition). No dollar price is reported for the shares (price = N/A) because the shares were issued in exchange for unvested restricted stock units (RSUs) from First Foundation in connection with a merger, not purchased on the open market.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-02 (timely filing).
- Transaction type/code: A (award/grant or other acquisition); price: N/A (no cash consideration).
- Shares received: 2,140 FirstSun common shares, issued in exchange for 13,308 unvested RSUs of First Foundation.
- Footnote: Each First Foundation RSU converted to a FirstSun RSU at the merger exchange ratio of 0.16083 FirstSun share per First Foundation share.
- Shares owned after transaction: Not stated in the reported excerpt.
- No indication of a 10b5-1 plan, tax withholding, or sale in this filing.
Context This was a conversion of existing unvested RSUs into FirstSun RSUs due to the merger of First Foundation into FirstSun, not a market purchase or sale. Converted RSUs typically remain subject to the original vesting conditions, so this transaction does not necessarily reflect active buying or selling by the director.
Insider Transaction Report
- Award
Common Stock, $0.0001 par value
[F1]2026-04-01+2,140→ 2,140 total
Footnotes (1)
- [F1]Received in exchange for 13,308 unvested restricted stock units ("RSUs") of First Foundation Inc. ("First Foundation") that were assumed by FirstSun Capital Bancorp ("FirstSun") and replaced with RSUs of FirstSun, in connection with the merger of First Foundation with and into FirstSun. Each unvested RSU of First Foundation was converted into an RSU of FirstSun with respect to FirstSun common stock, based on the exchange ratio in the merger of 0.16083 of a share of FirstSun common stock for each share of First Foundation common stock.