First Community Bankshares (FCBC) director reports RSU vesting, new grant and share return
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Community Bankshares director Beth Ann Taylor reported routine equity compensation activity and related share movements. On May 28, 2026, 928 restricted stock units vested and converted into 928 shares of common stock, consistent with the plan’s 1:1 conversion terms, although the footnotes state the shares were settled in cash. That same day, 928 common shares were returned to the issuer at $42.50 per share in a disposition to the company, with one transaction line showing 2,784 directly held common shares afterward and another showing 3,712 following the RSU conversion.
Separately, on May 27, 2026, Taylor received a grant of 842 restricted stock units, each representing a contingent right to one share of common stock or its cash value, vesting in a single installment on May 27, 2027. The filing also lists indirect ownership of 20,000 common shares through her husband’s revocable trust and 7,960 common shares through another revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
928 shares exercised/converted
Mixed
6 txns
Insider
Taylor Beth Ann
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNITS | 928 | $0.00 | -- |
| Exercise | COMMON STOCK | 928 | $0.00 | -- |
| Disposition | COMMON STOCK | 928 | $42.50 | $39K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| Grant/Award | RESTRICTED STOCK UNITS | 842 | $0.00 | -- |
Holdings After Transaction:
RESTRICTED STOCK UNITS — 0 shares (Direct, null);
COMMON STOCK — 3,712 shares (Direct, null);
COMMON STOCK — 7,960 shares (Indirect, By Revocable Trust)
Footnotes (1)
- Each restricted stock unit converted into one share of First Community Bankshares Inc. common stock. The restricted stock units vested on May 28, 2026. The reporting person settled these shares in cash upon vesting. 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.
Key Figures
Shares returned to issuer: 928 shares
Disposition price: $42.50 per share
Direct common shares after disposition: 2,784 shares
+5 more
8 metrics
Shares returned to issuer
928 shares
Disposition to issuer at $42.50 on May 28, 2026
Disposition price
$42.50 per share
Price for 928 common shares returned to issuer
Direct common shares after disposition
2,784 shares
Total shares following issuer disposition line
Direct common shares after RSU conversion
3,712 shares
Total shares following RSU exercise line
Indirect shares via husband’s trust
20,000 shares
Common stock held through husband’s revocable trust
Indirect shares via revocable trust
7,960 shares
Common stock held through another revocable trust
New RSU grant
842 units
Restricted stock units granted on May 27, 2026
Vested RSUs converted
928 units
Restricted stock units vested and converted on May 28, 2026
Key Terms
restricted stock unit, Disposition to issuer, revocable trust, contingent right, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit converted into one share of First Community Bankshares Inc. common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Disposition to issuer financial
"transaction_code_description":"Disposition to issuer""
revocable trust financial
"nature_of_ownership":"Husband's Revocable Trust""
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
contingent right financial
"represents a contingent right to receive one share of First Community Bankshares Inc. common stock"
derivative security financial
"transaction_code_description":"Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Beth Ann Taylor report for FCBC?
Beth Ann Taylor reported RSU vesting, a new RSU grant, and a share disposition. 928 restricted stock units vested and converted, 928 common shares were returned to the issuer at $42.50, and she received 842 new restricted stock units vesting in 2027.
What equity compensation did Beth Ann Taylor receive from FCBC in May 2026?
She received a grant of 842 restricted stock units. Each unit represents a contingent right to one share of common stock or its cash value, vesting in a single installment on May 27, 2027, and was reported as directly owned.
When did Beth Ann Taylor’s 928 FCBC restricted stock units vest and convert?
The 928 restricted stock units vested and converted on May 28, 2026. Each unit converted into one share of First Community Bankshares common stock, and footnotes note that the reporting person settled the vested shares in cash upon vesting.
What is the vesting schedule for Beth Ann Taylor’s new FCBC restricted stock units?
The 842 newly granted restricted stock units vest on May 27, 2027. They vest in a single installment and each unit represents a contingent right to receive one share of common stock, or the cash value of that share, at her election.