Form 4: F&M Bank Corp Executive Charles C. Driest Reports Acquisition of Common Stock
SEC Form 4 Filing
Charles C. Driest, EVP/Chief Experience Officer of F&M Bank Corp, reports the acquisition of 350 shares of common stock at $16 per share on May 3, 2024.
Summary
- On May 3, 2024, Charles C. Driest, EVP/Chief Experience Officer of F&M Bank Corp, acquired 350 shares of common stock.
- The purchase price was $16 per share.
- Following the transaction, Driest directly owns 3,245.58 shares of F&M Bank Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock purchase by an executive, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when an officer of a publicly traded company buys or sells the company's stock. It provides transparency into insider transactions.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence as it signals an executive's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction: Charles C. Driest acquired 350 shares of common stock at $16 per share. |
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