Norris Jennifer 4
4 · FIRSTSUN CAPITAL BANCORP · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
FIRSTSUN (FSUN) CCO Jennifer Norris Receives Stock Award; Shares Withheld
What Happened
Jennifer Norris, Chief Credit Officer of FIRSTSUN CAPITAL BANCORP (FSUN), was granted a total of 9,443 restricted stock units (RSUs) on April 1, 2026 (5,485 time-vesting RSUs and 3,958 performance-based RSUs). As part of the vesting/settlement, 1,368 shares were withheld to satisfy tax withholding obligations, a disposition valued at $49,877 (1,368 shares × $36.46).
Key Details
- Transaction dates: April 1, 2026 (grants/vesting and withholding); Form 4 filed April 2, 2026 (timely).
- Grants / Acquisitions: 5,485 RSUs @ $0.00 and 3,958 RSUs @ $0.00 (treated as awards).
- Disposition (tax withholding): 1,368 shares withheld @ $36.46 = $49,877 (price based on prior day’s close).
- Shares owned after transaction: not disclosed in the provided filing details.
- Footnotes: F1 = time-vesting RSUs vest in three equal annual installments; F2 = performance-based RSUs granted 4/1/2023 vested after meeting 3-year performance goals; F3 = shares withheld to cover tax withholding; F4 = price based on prior close.
- Transaction codes: A = award/grant, F = tax withholding (routine withholding, not an open-market sale).
Context
These transactions reflect equity compensation vesting and routine tax withholding rather than an open-market purchase or a voluntary sale. Performance-based RSUs vested upon achievement of prior performance goals; time-vesting RSUs will vest per the stated schedule. Withholding of shares to cover taxes is standard practice and does not necessarily indicate a buying or selling signal by the insider.
Insider Transaction Report
- Award
Common Stock, $0.0001 par value
[F1]2026-04-01+5,485→ 12,503 total - Award
Common Stock, $0.0001 par value
[F2]2026-04-01+3,958→ 16,461 total - Tax Payment
Common Stock, $0.0001 par value
[F3][F4]2026-04-01$36.46/sh−1,368$49,877→ 15,093 total
Footnotes (4)
- [F1]Award of time-vesting restricted stock units that vest in three equal annual installments on the anniversary of the grant date.
- [F2]Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on April 1, 2023, under the company's Long- Term Incentive Plan and vested upon achievement of performance goals for the applicable three-year performance period.
- [F3]Shares withheld on vesting of restricted stock unit awards to cover tax withholding.
- [F4]Based on market closing price on the day before the transaction date.