Form 4: MVB Financial Corp Director Maculaitis Reports Transaction
SEC Form 4 Filing
Director Victor Ray Maculaitis reports a transaction involving MVB Financial Corp common stock on March 11, 2025.
Summary
- On March 11, 2025, Victor Ray Maculaitis, a director of MVB Financial Corp, reported a transaction involving the company's common stock.
- The transaction involved the acquisition of 250 shares at a price of $17.08 per share.
- The filing also includes a power of attorney, effective March 21, 2025, authorizing Lisa McCormick and Eric Tichenor to execute Forms 3, 4, and 5 on behalf of Maculaitis.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to a director's stock transaction and a power of attorney, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as directors and officers, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of common stock transaction |
| 03/11/2025 | Date of Form 4 filing |
| 03/21/2025 | Effective date of Power of Attorney |
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