First Community (NASDAQ: FCBC) holder to sell shares after option exercise
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.
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Key Figures
Shares proposed for sale: 4,329 shares
Aggregate market value of proposed sale: $213,419.70
Shares outstanding: 18,910,329 shares
+2 more
5 metrics
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
Key Terms
Rule 144, cashless exercise, aggregate market value, Form 144
4 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.