FVCB.NASDAQFvcbankcorp, INC

Form 4: FVCBankcorp Director Daniel M. Testa Executes Stock Option Transactions

Sentiment:

SEC Form 4

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Director Daniel M. Testa reports exercising stock options and selling shares of FVCBankcorp, Inc. on March 12 and 13, 2024.

Summary

  • On March 12, 2024, Daniel M. Testa, a director of FVCBankcorp, Inc., exercised stock options to acquire 201 shares at a price of $5.5603 per share.
  • Simultaneously, Mr. Testa sold 201 shares at $12.21 per share.
  • Following these transactions, Mr. Testa directly owned 175,025 shares of common stock.
  • On March 13, 2024, Mr. Testa exercised options for 14,212 shares at $5.5603 per share.
  • Concurrently, Mr. Testa sold 14,212 shares at $12.14 per share.
  • After these transactions, Mr. Testa continued to directly own 175,025 shares of common stock.
  • The stock options were originally granted on June 26, 2014, and are set to expire on June 26, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These filings are monitored by investors to gain insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
06/26/2014Date the stock options were granted.
03/12/2024Date of initial stock option exercise and sale of shares.
03/13/2024Date of subsequent stock option exercise and sale of shares.
03/14/2024Date of the signature on the Form 4 filing.
06/26/2024Expiration date of the stock options.

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