Form 4: FVCBankcorp Chairman David Pijor Sells Shares Over Three Days
SEC Form 4
David Pijor, Chairman and CEO of FVCBankcorp, sold a total of 10,000 shares of common stock between March 19 and March 21, 2024.
Summary
- David Pijor, the Chairman and CEO of FVCBankcorp, filed a Form 4 disclosing changes in beneficial ownership.
- Over three days, from March 19 to March 21, 2024, Pijor sold shares of FVCBankcorp common stock.
- On March 19, he sold 5,000 shares at a price of $11.75 per share.
- On March 20, he sold 3,727 shares at $11.8532 per share.
- On March 21, he sold 1,273 shares at $11.9936 per share.
- Following these transactions, Pijor directly owns 441,010 shares of FVCBankcorp common stock.
- He also indirectly owns 2,815 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock sales by an executive, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by the CEO could be perceived negatively by some shareholders, but it's a relatively small percentage of his holdings.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | David Pijor sold 5,000 shares of FVCBankcorp at $11.75 per share |
| 03/20/2024 | David Pijor sold 3,727 shares of FVCBankcorp at $11.8532 per share |
| 03/21/2024 | David Pijor sold 1,273 shares of FVCBankcorp at $11.9936 per share |
| 03/21/2024 | Date of the Power of Attorney signature by Jennifer L. Deacon |
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