Form 4: FVCBankcorp Director Satz Devin Reports Stock Transactions
SEC Form 4 Filing
Director Satz Devin reports the acquisition and disposal of FVCBankcorp (FVCB) common stock and stock options.
Summary
- On June 6, 2024, Director Satz Devin disposed of 12,650 shares of FVCBankcorp common stock at a price of $10.81 per share.
- Following this transaction, the director directly owns 128,910 shares of common stock.
- On June 10, 2024, the director exercised stock options to acquire 24,413 shares of common stock at an exercise price of $5.5603.
- After exercising the options, the director directly owns 153,323 shares of common stock and 24,413 stock options.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting insider transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may provide some insight into the director's view of the company's value, but the overall impact on stakeholders is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 06/26/2014 | Original date of stock options |
| 06/06/2024 | Disposal of 12,650 shares of common stock |
| 06/07/2024 | Date of Power of Attorney signature |
| 06/10/2024 | Exercise of stock options for 24,413 shares |
| 06/26/2024 | Expiration date of stock options |
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