Form 4: F&M Bank Corp Executive Jason Withers Reports Stock Disposal
SEC Form 4 Filing
EVP and Chief Credit Officer of F&M Bank Corp, Jason Withers, reports disposing of 185 shares of common stock at $19.58 per share on March 7, 2025.
Summary
- On March 7, 2025, Jason Withers, EVP and Chief Credit Officer of F&M Bank Corp, disposed of 185 shares of common stock.
- The transaction was executed at a price of $19.58 per share.
- Following the transaction, Withers directly owns 2,052.94 shares of F&M Bank Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, reflecting a neutral sentiment. It simply reports a transaction.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice across the financial industry to monitor insider activity as it can provide insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in insider ownership.
- The impact on employees, customers, suppliers, and creditors is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock disposal transaction |
| 03/11/2025 | Date of signature by Attorney-in-Fact |
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