Form 4: F&M Bank Corp Director Dean W. Withers Acquires Shares
SEC Form 4
Director Dean W. Withers of F&M Bank Corp reports the acquisition of 500 shares of common stock at $15.45 per share on May 20, 2024.
Summary
- On May 20, 2024, Dean W. Withers, a director of F&M Bank Corp, purchased 500 shares of common stock at a price of $15.45 per share.
- Following this transaction, Withers directly owns 21,265 shares.
- Withers also has indirect ownership through a Non-Qualified Deferred Compensation Plan (9,970.96 shares), shares held by a spouse (2,575.22 shares), and shares held in an IRA (16,145.53 shares).
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction disclosure, and the purchase by a director is mildly positive.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and management's confidence. This purchase is a routine disclosure.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of transaction: Purchase of 500 shares of common stock. |
| 05/21/2024 | Date of report filing. |
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