FCBM First Carolina Financial Services, Inc. Insider Trading

CFO Steven G Deaton buys 4,000 shares of FCBM at $12.50 in private placement; 7 other insiders also bought within 14 days.

Steven G Deaton, CFO and Chief Risk Officer, purchased 4,000 shares at $12.50 on 2026-06-18, bringing his holdings to 79,000 shares post-transaction. This transaction is part of a private placement, PIPE, registered direct, or IPO allocation rather than a discretionary open-market purchase, so it does not reflect conviction-driven decision-making. A cluster of 7 other insiders also bought within the past 14 days, suggesting coordinated allocation activity typical of structured financing rounds. The stock is a recent listing (2 trading days old as of the price observation date), limiting historical context for evaluating valuation or price trajectory. This filing documents scheduled allocation participation, not a signal of insider market views.

Director Sandra Bell Boone purchases 7,000 shares (FCBM) for $87,500.00 in PIPE allocation, joining 8 other insiders buying in 14 days.

Director Sandra Bell Boone purchased 7,000 shares at $12.50 on 2026-06-18 as part of a private placement allocation, not a discretionary open-market transaction. The purchase increased her holdings by 7,000 shares from 297,782 to 304,782 shares. This transaction occurs within a cluster of 8 other insider buys in the past 14 days, suggesting coordinated participation in the PIPE offering rather than individual conviction-driven accumulation. Since the transaction is a scheduled allocation tied to the recent IPO (listed only 2 trading days prior), it reflects capital commitment requirements rather than independent market timing decisions.

Director Kevin Meek Shannon bought 4,000 shares (4.0K) of FCBM at $12.50 in private placement; 10-insider cluster activity in 14 days.

Kevin Meek Shannon, a director, purchased 4,000 shares at $12.50 on 2026-06-18 in a private placement allocation rather than a discretionary open-market transaction, increasing his holdings from 19,000 shares to 23,000 shares. This purchase is part of a broader cluster pattern, with 9 other insiders also buying within the past 14 days. However, because this transaction is a PIPE/registered direct offering allocation—not a market-driven decision—it cannot be interpreted as a conviction-based buying signal; rather, it reflects the mechanics of the capital raise itself. The timing coincides with FCBM's recent listing (2 trading days prior to the current price observation), making recent trading history and valuation comparisons not yet meaningful. Investors should track whether post-IPO insider buying patterns correlate with strategic capital needs or whether subsequent insider behavior suggests underlying fundamentals.

Director Charles Austin Jr Robbins bought 14,000 shares of FCBM at $12.50 (private placement allocation, not discretionary).

Charles Austin Jr Robbins purchased 14,000 shares at $12.50 on 2026-06-18 as part of a private placement allocation rather than an open-market discretionary transaction, which limits interpretation of this activity as a conviction signal. The purchase increased his holdings from 355,492 shares to 369,492 shares (+3.9%). The transaction occurred within a broader cluster pattern in which 10 other insiders also bought within the past 14 days, though this cluster pattern is common in IPO/PIPE allocations where multiple shareholders participate in a structured offering. The recent listing status (2 trading days) provides limited price-action context for assessing valuation timing.

Director Charles Albert III Paul bought 7,000 shares of FCBM at $12.50 in allocation-based transaction during IPO listing.

Charles Albert III Paul, a Director, purchased 7,000 shares at $12.50 on 2026-06-18 as part of an IPO allocation rather than a discretionary open-market purchase, increasing his holdings from 96,000 shares to 103,000 shares. This transaction is one of 11 other insider buys within the past 14 days, indicating a broad-based allocation pattern consistent with initial capitalization at listing. Since this purchase was structured as a private placement/IPO allocation and not a conviction-driven discretionary trade, the activity primarily reflects standard insider participation in the offering rather than a market signal. The cluster of insider buying reflects distribution mechanics at listing, not necessarily a forward-looking view of value.

Director James A Jr Lucas bought 19,180 shares at $12.50 in allocation transaction; 12 other insiders also bought within 14 days

James A Jr Lucas, as Director, executed 4 separate purchases totaling 19,180 shares for $239,750.00 at $12.50 per share on 2026-06-18. However, this transaction is a private placement allocation—not a discretionary open-market purchase—and therefore does not reflect conviction-driven buying by the insider. The activity is noteworthy for its pattern context: 12 other insiders also bought within the past 14 days, indicating synchronized participation in this allocation event. The stock listed only 2 trading days prior, so the transaction occurred as part of FCBM's capital formation activity rather than as a market signal. Investors should recognize this as structured capital commitment aligned with the IPO process rather than post-listing market-driven accumulation.

Director John Walter Gussenhoven purchased 16,000 shares of FCBM at $12.50 via private placement allocation post-IPO.

John Walter Gussenhoven purchased 16,000 shares at $12.50 as part of a private placement or IPO allocation rather than a discretionary open-market purchase, and thus should not be interpreted as conviction-driven buying by the director. This transaction occurs in the context of a cluster pattern in which 13 other insiders also bought within the past 14 days, likely reflecting structured allocation to directors and officers at IPO rather than independent investment decisions. The company recently listed (2 trading days prior to the filing date), so near-term price comparisons are not yet meaningful. The modest 5.0% increase in Gussenhoven's holdings from 318,016 shares to 334,016 shares is consistent with pro-rata IPO allocation processes.

Director Gregory Everette Floyd purchases 28,625 shares for $357,812.50 in FCBM private placement at $12.50/share

Gregory Everette Floyd (Director) executed 4 separate purchases totaling 28,625 shares for $357,812.50 on 2026-06-18, all at $12.50/share in a private placement allocation. The transaction is not a discretionary open-market purchase but rather a PIPE or IPO allocation, which limits what can be inferred about insider conviction. Notably, 14 other insiders also bought within the past 14 days, consistent with a coordinated initial placement round rather than independent market-driven accumulation. Post-transaction holdings stand at 3,375 shares, indicating this was a meaningful commitment of capital during the company's recent listing phase.

Director John Jethro Jr Ferebee buys 14,100 shares for $176,300.00 in FCBM private placement

John Jethro Jr Ferebee, a Director at First Carolina Financial Services, Inc., purchased 14,100 shares across 3 transactions for $176,300.00 with a blended average price of $12.50 on 2026-06-18. This acquisition was part of a private placement, not a discretionary open-market purchase, and therefore does not reflect insider conviction or independent buying signal. The company is recent listing (2 trading days), limiting the ability to assess valuation context or historical pricing patterns. The post-transaction holding of 7,100 shares indicates this allocation represents a significant addition to the Director's position, though the non-discretionary nature of the transaction constrains any inference about market timing or management confidence.

Chief Credit Officer Overton Stokes Iii Suiter bought 1,100 shares of FCBM at $12.50 in private placement allocation, not open-market purchase.

Overton Stokes Iii Suiter, Chief Credit Officer of Bank, purchased 1,100 shares at $12.50 on 2026-06-18 as part of a private placement allocation, not a discretionary open-market buy. This is a standard PIPE transaction type that does not reflect insider conviction or market timing. His post-transaction holdings stand at 84,100 shares, up from 83,000 shares prior. With the stock trading at $12.58 current price (as of 2026-06-22), the transaction occurred near current levels. The recent listing status (2 trading days) means meaningful price-action context or historical trade patterns are not yet available for this security.