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First Community (NASDAQ: FCBC) holder to sell shares after option exercise

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

FIRST COMMUNITY BANKSHARES INC (FCBC) received a Rule 144 notice from shareholder Sarah W. Harmon covering a proposed sale of up to 4,329 common shares through Raymond James Financial Services. The shares have an indicated aggregate market value of $213,419.70 with an anticipated sale date of 08/18/2026 on NASDAQ.

The shares relate to an option exercise, with 5,157 shares acquired via a cashless exercise with sale to cover on 08/18/2026. The company reports 18,910,329 common shares outstanding, which is a baseline figure, not the amount being sold.

Positive

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Negative

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Shares proposed for sale 4,329 shares Common stock covered by the Rule 144 notice
Aggregate market value of proposed sale $213,419.70 Value of 4,329 FCBC shares referenced in the Rule 144 notice
Shares outstanding 18,910,329 shares FCBC common shares outstanding as listed in the notice
Shares acquired via option exercise 5,157 shares Amount of FCBC common stock acquired through option exercise
Proposed sale date 08/18/2026 Anticipated date for Rule 144 sale and option exercise event
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
cashless exercise financial
"Cashless exercise with sale to cover"
A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.
aggregate market value financial
"4329 | 213419.70 | 18910329"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

FAQ

What does the FCBC Form 144 filed by Sarah W. Harmon disclose?

The Form 144 for FCBC discloses Sarah W. Harmon’s intent to sell up to 4,329 common shares under Rule 144. The proposed sale is through Raymond James Financial Services on or about 08/18/2026 on NASDAQ.

How many FCBC shares are proposed to be sold and what is their value?

The filing covers a proposed sale of 4,329 FCBC common shares with an indicated aggregate market value of $213,419.70. This figure is based on the market price used in the Rule 144 notice.

What is the relationship between the option exercise and the FCBC shares to be sold?

The notice states that 5,157 FCBC shares were acquired via an option exercise on 08/18/2026. It describes a cashless exercise with sale to cover, meaning part of the exercised shares are sold to cover related obligations.

How many FIRST COMMUNITY BANKSHARES INC (FCBC) shares are outstanding?

The disclosure lists 18,910,329 FCBC common shares outstanding. This number provides context for the company’s capital structure and is separate from the 4,329 shares covered by the Rule 144 sale notice.

On which market and date are the FCBC shares expected to be sold?

The proposed Rule 144 sale of FCBC shares is listed with an anticipated sale date of 08/18/2026. The shares are indicated for trading on NASDAQ through Raymond James Financial Services as broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature