First Community Bankshares (FCBC) revises director RSU grant to 877
Rhea-AI Filing Summary
DAVIS C WILLIAM reported acquisition or exercise transactions in this Form 4 filing.
First Community Bankshares director C. William Davis reported a grant of 877 restricted stock units. The award was made on May 27, 2026 and leaves him holding 877 RSUs. Each unit represents a contingent right to receive one share of common stock or, at his election, the cash value. The units vest in a single installment on May 27, 2027. This amended Form 4 corrects a previously reported incorrect RSU amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DAVIS C WILLIAM
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RESTRICTED STOCK UNITS | 877 | $0.00 | $0.00 |
Holdings After Transaction:
RESTRICTED STOCK UNITS — 877 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of First Community Bankshares Inc. common stock, or at the reporting persons election, the cash value thereof. The restricted stock units vest in one installment on May 27, 2027.
- F2. The reporting person filed a Form 4 which reported an incorrect number of restricted stock units.
Key Figures
RSUs granted: 877 units
RSUs held after grant: 877 units
Exercise price: $0.0000 per unit
+3 more
6 metrics
RSUs granted
877 units
Restricted stock units granted on May 27, 2026
RSUs held after grant
877 units
Total restricted stock units following transaction
Exercise price
$0.0000 per unit
Grant/award acquisition of RSUs, no purchase price
Underlying common shares
877 shares
Each RSU corresponds to one share of common stock
Grant date
May 27, 2026
Date RSU award was granted
Vesting date
May 27, 2027
RSUs vest in one installment on this date
Key Terms
restricted stock units, contingent right, grant, award, or other acquisition, common stock
4 terms
restricted stock units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of common stock"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
common stock financial
"one share of First Community Bankshares Inc. common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.