Form 4: FVCBankcorp Director Steven M. Wiltse Sells Shares
SEC Form 4
Director Steven M. Wiltse reported selling shares of FVCBankcorp, Inc. on June 3rd and 4th, 2024.
Summary
- Steven M. Wiltse, a director of FVCBankcorp, Inc. (FVCB), reported changes in beneficial ownership.
- On June 3, 2024, Wiltse sold 1,124 shares of common stock at a price of $11.26 per share.
- On June 4, 2024, Wiltse sold 1,095 shares of common stock at a price of $11 per share.
- Following these transactions, Wiltse indirectly owns 7,813 shares through an LLC, and directly owns 22,188 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by a director. It doesn't inherently convey positive or negative sentiment, but the sales themselves could be interpreted in various ways by the market.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider. It's common for directors and officers to buy and sell shares of their company's stock, and these transactions are closely monitored by regulators and investors.
Stakeholder Impact
- Shareholders may react to the director's stock sales, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Sale of 1,124 shares of common stock at $11.26 per share |
| 06/04/2024 | Sale of 1,095 shares of common stock at $11 per share |
| 06/05/2024 | Date of signature by Power of Attorney |
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