Douglas Ford IV, Chief Banking Officer of Bank at First Carolina Financial Services, Inc. (FCBM), bought 4,000 shares at $12.50 ($50K) on 2026-06-18, disclosed to the SEC on 2026-06-22.
Chief Banking Officer Douglas Ford IV purchased 4,000 shares for $50,000 at $12.50, marking the largest insider purchase in the company's history and signaling strong conviction in the stock's value.
The stock is currently trading at $12.63, just 0.48% above its 52-week low of $12.57, indicating the shares are trading near the bottom of their annual range.
The purchase is a significant signal as it represents the largest insider purchase in the company's history; additionally, the sector experienced a minor pullback on June 18 with the NYSE Financial Index easing 0.1%.
The stock is currently trading at a premium to its 52-week high, sitting 3.88% below the high of $13.14, which could limit near-term upside if the stock fails to break through resistance levels.
Nothing distinguishes this filing.