Form 4: FVCBankcorp Director Simmonds Exercises Stock Options, Reports Beneficial Ownership
SEC Form 4 Filing
Director Sidney G. Simmonds exercised stock options and reported changes in beneficial ownership of FVCBankcorp, Inc. common stock.
Summary
- On April 18, 2024, Sidney G. Simmonds, a director of FVCBankcorp, Inc., exercised stock options to acquire 24,413 shares of common stock at a price of $5.5603 per share.
- Following the transaction, Simmonds directly owns 56,537 shares of FVCBankcorp common stock.
- Simmonds also indirectly owns 31,188 shares through a trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing related to stock option exercises.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 06/26/2014 | Original date of stock options |
| 04/18/2024 | Date of transaction: Stock options exercised |
| 06/26/2024 | Expiration date of stock options |
| 04/19/2024 | Date of Form 4 filing |
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