Form 4: FVCBankcorp COO B. Todd Dempsey Sells Shares
SEC Form 4
B. Todd Dempsey, Chief Operating Officer of FVCBankcorp, Inc., recently sold shares of common stock in two transactions.
Summary
- On June 5, 2024, B. Todd Dempsey, the Chief Operating Officer of FVCBankcorp, Inc. (FVCB), sold 2,411 shares of common stock at a price of $11.16 per share.
- Following this transaction, Dempsey directly owned 91,907 shares of FVCBankcorp.
- On June 6, 2024, Dempsey sold an additional 291 shares of common stock at $11.11 per share, reducing his direct ownership to 91,616 shares.
- The transactions were reported on a Form 4 filing with the Securities and Exchange Commission (SEC).
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports stock sales by an officer. It doesn't inherently indicate positive or negative company performance.
Industry Context
Insider selling can sometimes be interpreted negatively by the market, but it is not necessarily indicative of the company's performance or future prospects. It could be due to a variety of personal financial reasons.
Stakeholder Impact
- Shareholders may react to the news of insider selling, although the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | B. Todd Dempsey sold 2,411 shares of FVCBankcorp at $11.16 per share. |
| 06/06/2024 | B. Todd Dempsey sold 291 shares of FVCBankcorp at $11.11 per share. |
| 06/07/2024 | Date of signature for the Form 4 filing. |
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