Parker C. Allen 4
Research Summary
AI-generated summary
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.