Form 4: FVCBankcorp EVP Jennifer Deacon Reports Stock Transaction

Jennifer Deacon, EVP and Chief Financial Officer of FVCBankcorp, reports a transaction involving common stock related to tax liability.

Summary

• On June 21, 2024, Jennifer Deacon, the EVP and Chief Financial Officer of FVCBankcorp, engaged in a transaction involving the company's common stock.
• Deacon disposed of 563 shares of common stock at a price of $10.13 to cover a tax liability related to the vesting of restricted stock units.
• Following the transaction, Deacon directly owns 20,274 shares of FVCBankcorp common stock and indirectly owns 9,300 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This filing indicates routine activity related to executive compensation and tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of by an executive to cover tax obligations.

Key Dates