Form 4: FVCBankcorp COO, B. Todd Dempsey, Sells Shares in June Transactions
SEC Form 4 Filing
B. Todd Dempsey, Chief Operating Officer of FVCBankcorp, Inc., reported selling shares of common stock in two transactions on June 11 and June 12, 2024.
Summary
- B. Todd Dempsey, the Chief Operating Officer of FVCBankcorp, Inc. (FVCB), filed a Form 4 with the SEC.
- The form reports changes in beneficial ownership of FVCBankcorp's common stock.
- On June 11, 2024, Dempsey sold 5,107 shares at a price of $10.55 per share.
- On June 12, 2024, Dempsey sold 3,133 shares at a price of $10.82 per share.
- Following these transactions, Dempsey directly owns 81,217 shares of FVCBankcorp common stock.
Sentiment
Score: 4
Explanation: The sentiment is neutral to slightly negative. It reflects insider selling, which can sometimes be interpreted negatively, but without further context, it's difficult to assess the full impact.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock; these filings are closely watched by investors for signals about management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | B. Todd Dempsey sold 5,107 shares of FVCBankcorp at $10.55 per share. |
| 06/12/2024 | B. Todd Dempsey sold 3,133 shares of FVCBankcorp at $10.82 per share. |
| 06/13/2024 | Date of signature for the Form 4 filing. |
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