Form 4: FVCBankcorp Chief Credit Officer Exercises Stock Options
SEC Form 4 Filing
Michael G. Nassy, Chief Credit Officer of FVCBankcorp, Inc., exercised stock options and disposed of shares on April 22, 2024.
Summary
- On April 22, 2024, Michael G. Nassy, the Chief Credit Officer of FVCBankcorp, Inc. (FVCB), exercised stock options for 7,823 shares of common stock at a price of $5.5603 per share.
- Following the transaction, Nassy directly owns 45,342 shares of FVCBankcorp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard disclosure of an executive exercising stock options, which doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 06/14/2014 | Original date exercisable for stock options |
| 04/22/2024 | Date of transaction: exercise of stock options and disposal of shares |
| 06/14/2024 | Expiration date for stock options |
| 04/24/2024 | Date of signature by Power-of-Attorney |
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