Form 4: FVCBankcorp Chief Credit Officer Reports Tax Liability Transaction
SEC Form 4 Filing
Michael G. Nassy, Chief Credit Officer of FVCBankcorp, reports a transaction related to covering a tax liability by withholding shares.
Summary
- On March 26, 2025, Michael G. Nassy, the Chief Credit Officer of FVCBankcorp, filed a Form 4.
- The filing indicates a transaction where 591 shares of common stock were disposed of to cover a tax liability.
- The shares were withheld incident to the vesting of a security at a price of $10.42 per share.
- Following the transaction, Nassy directly owns 53,392 shares of FVCBankcorp common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of transaction and filing of Form 4 |
Keywords
Form 4, FVCBankcorp, Michael G. Nassy, Chief Credit Officer, Tax Liability, Share Withholding, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.