Director Beverly O. Elving filed a Form 4 with the SEC on August 14, 2026, reporting transactions in FirstSun Capital Bancorp (NASDAQ:FSUN) common stock dated August 13, 2026, including a stock option exercise and a share disposition for tax withholding.

Key Highlights

  • Option exercise: Elving exercised a stock option for 7,553 shares of common stock at an exercise price of $19.72 per share on August 13, 2026.
  • Shares disposed: 4,505 shares were disposed of on August 13, 2026, at $40.88 per share, using transaction code F (tax withholding).
  • Remaining ownership: Following the reported transactions, Elving beneficially owns 8,934 shares indirectly through the Beverly O. Elving Revocable Trust, plus 3,852 shares reported in a separate line.
  • Option fully exercised: The exercised stock option, originally expiring July 20, 2027, with an exercise date of July 20, 2021, now shows zero derivative securities remaining.
  • Indirect ownership: All reported share positions are held indirectly by the Beverly O. Elving Revocable Trust.

Details of Beverly O. Elving's August 2026 Transactions at FirstSun Capital Bancorp

According to the filing, Beverly O. Elving, a director of FirstSun Capital Bancorp (NASDAQ:FSUN), reported two non-derivative transactions and one derivative transaction all dated August 13, 2026. In Table II, a stock option with a conversion price of $19.72 and an expiration date of July 20, 2027 was exercised (transaction code M) for 7,553 shares of common stock, $0.0001 par value. Following the exercise, the filing reports zero derivative securities remaining under that option.

In Table I, two non-derivative entries are reported. First, 7,553 shares were acquired (code M) at $19.72 per share, reflecting the option exercise converting into common stock, held indirectly through the Beverly O. Elving Revocable Trust. Second, 4,505 shares were disposed of (code F) at $40.88 per share, also held through the same trust. Transaction code F typically indicates shares withheld for taxes in connection with vesting or exercise events, though the filing does not elaborate further on the reason. A third line in Table I shows 3,852 shares disposed of (code D) with no transaction date, price, or additional detail provided in the filing.

After all reported transactions, Elving's indirect beneficial ownership through the Beverly O. Elving Revocable Trust stands at 8,934 shares, per the filing. The Form 4 was signed by Kelly C. Rackley by power of attorney and filed on August 14, 2026.

What Was Disclosed

The filing discloses a stock option exercise of 7,553 shares at $19.72 and a concurrent disposition of 4,505 shares at $40.88 by Director Beverly O. Elving, with all positions held indirectly through the Beverly O. Elving Revocable Trust, resulting in 8,934 shares beneficially owned following the transactions.