Form 4: F&M Bank Corp Director Acquires Shares Through Retainer Program

F&M Bank Corp Director John A. Willingham acquired 124 shares of common stock at $20.65 per share, increasing his direct beneficial ownership to 20,660 shares, as part of a quarterly retainer program.

Summary

• John A. Willingham, a Director of F&M Bank Corp (FMBM), acquired 124 shares of the company's common stock.
• The transaction occurred on June 18, 2025, with shares purchased at a price of $20.65 per share.
• These shares were acquired directly from the issuer, utilizing proceeds from a quarterly retainer.
• Following this acquisition, Mr. Willingham's direct beneficial ownership in F&M Bank Corp totals 20,660 shares.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, particularly through a retainer program, is generally viewed positively as it indicates alignment of interests and confidence in the company's future.

Positives

• Director John A. Willingham increased his direct beneficial ownership in F&M Bank Corp by acquiring additional shares, signaling confidence in the company.
• The acquisition of shares using quarterly retainer proceeds demonstrates a strong alignment of director interests with those of the shareholders.

Future Outlook

The document does not provide specific forward-looking statements or guidance beyond the reported transaction.

Industry Context

This transaction is typical for the banking sector, where directors often receive compensation in the form of equity or use retainers to acquire shares, aligning their interests with the company's performance and shareholder value. Such routine insider acquisitions are common and generally viewed as a positive sign of management's commitment.

Related Party Transactions

• Acquisition of 124 shares from the issuer by Director John A. Willingham using proceeds from a quarterly retainer.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive signal of confidence in the company's long-term prospects and alignment of interests.

Key Dates

Keywords

F&M Bank Corp, FMBM, insider transaction, director share acquisition, beneficial ownership, SEC Form 4, common stock, financial services, banking