Form 4: FVCBankcorp EVP Sharon L. Jackson Reports Stock Transaction
SEC Form 4 Filing
Sharon L. Jackson, EVP and Chief Banking Officer of FVCBankcorp, Inc., reports a transaction involving common stock to cover a tax liability.
Summary
- On March 26, 2024, Sharon L. Jackson, EVP and Chief Banking Officer of FVCBankcorp, Inc., reported a transaction involving the company's common stock.
- The transaction involved the withholding of 506 shares to cover a tax liability related to the vesting of restricted stock unit awards.
- The shares were withheld at a price of $12.05 per share.
- Following the transaction, Jackson beneficially owns 33,201 shares of FVCBankcorp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations arising from vested stock awards, a common practice.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of the stock transaction (withholding of shares for tax liability). |
| 03/28/2024 | Date of signature on the Form 4 filing. |
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