Form 4: FVCBankcorp Director Gunn L. Burwell Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
Director Gunn L. Burwell exercised stock options and disposed of shares of FVCBankcorp, Inc. on June 5, 2024.
Summary
- On June 5, 2024, Gunn L. Burwell, a director of FVCBankcorp, Inc., exercised stock options to acquire 24,413 shares of common stock at a price of $5.5603 per share.
- Simultaneously, Burwell disposed of 12,230 shares to cover the exercise cost, based on a market price of $11.10 per share.
- Following these transactions, Burwell directly owns 64,326 shares of FVCBankcorp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock option exercise and share disposal.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 06/26/2014 | Original date of exercisability for the stock options |
| 06/05/2024 | Date of transaction: stock option exercise and share disposal |
| 06/26/2024 | Expiration date of the stock options |
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