Form 4: F&M Bank Corp Director John A. Willingham Acquires Shares

Sentiment:

SEC Form 4


Director John A. Willingham of F&M Bank Corp purchased 175 shares of common stock at a price of $20.79 per share on November 25, 2024.

Summary

  • John A. Willingham, a director at F&M Bank Corp, acquired 175 shares of common stock on November 25, 2024.
  • The purchase price was $20.79 per share.
  • Following this transaction, Mr. Willingham directly owns 17,994 shares of F&M Bank Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of an insider transaction, which is neither positive nor negative in itself. It is a neutral event.

Industry Context

This is a routine disclosure of a transaction by a company insider, which is common in the financial industry and is required by the SEC to ensure transparency.

Comparison to Industry Standards

  • Insider trading disclosures are a standard practice for publicly traded companies, and this transaction is consistent with those practices.
  • Similar transactions are regularly reported by directors and officers of other financial institutions such as Bank of America, JP Morgan Chase, and Wells Fargo.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a small purchase by a director.

Key Dates

DateDescription
11/25/2024Date of the share purchase transaction.
11/26/2024Date the form was signed by the Attorney-in-Fact.

Keywords

F&M Bank Corp, insider trading, share purchase, director, common stock, John A. Willingham

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