Sun Bancorp Inc. Chairman Buys 701,754 Shares of SNBC

In a Form 4 filed earlier today, Sun Bancorp Inc. SNBC Chairman of the Board, Bernard Brown, reported that he purchased 701,754 shares of SNBC on March 22nd for an average price of $2.85. The transaction totaled $1,999,999. Mr. Brown owns 3,929,714 direct shares and 2,750,490 indirect shares of SNBC. Source: The Washington Service