Form 4: FVCBankcorp COO Exercises Stock Options and Acquires Shares
SEC Form 4 Filing
FVCBankcorp's Chief Operating Officer, B. Todd Dempsey, exercised stock options to acquire 31,737 shares of common stock at a price of $5.5603 per share.
Summary
- On June 21, 2024, B. Todd Dempsey, the Chief Operating Officer of FVCBankcorp, Inc., exercised stock options.
- This transaction resulted in the acquisition of 31,737 shares of FVCBankcorp common stock at a price of $5.5603 per share.
- Following the transaction, Dempsey directly owns 112,954 shares of FVCBankcorp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a standard transaction related to executive compensation.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 06/26/2014 | Original date exercisable for stock options |
| 06/21/2024 | Date of transaction: Exercise of stock options |
| 06/24/2024 | Date of signature for the Power of Attorney |
| 06/26/2024 | Expiration date for stock options |
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