First Community Bankshares (FCBC) risk chief adds 501 indirect shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Community Bankshares Inc. insider activity: Chief Risk Officer Derek A. Bonnett reported an indirect purchase of 501 shares of common stock on January 30, 2026 at $34.93 per share, held in his wife’s IRA.
After this transaction, he reports 1,917 common shares held directly and 1,331 common shares held indirectly through an Employee Stock Ownership & Savings Plan. He also reports direct holdings of restricted stock units representing 2,151, 1,667 and 1,888 shares, which vest between May 2026 and May 2028 based on performance criteria and continued employment, plus stock options for 977 shares at an exercise price of $33 expiring in March 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 501 shares ($17,500)
Net Buy
7 txns
Insider
Bonnett Derek A
Role
Chief Risk Officer
Bought
501 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 501 | $34.93 | $17K |
| holding | RESTRICTED STOCK UNITS | -- | -- | -- |
| holding | RESTRICTED STOCK UNITS | -- | -- | -- |
| holding | RESTRICTED STOCK UNITS | -- | -- | -- |
| holding | STOCK OPTION | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 501 shares (Indirect, IRA-Wife);
RESTRICTED STOCK UNITS — 2,151 shares (Direct);
STOCK OPTION — 977 shares (Direct);
COMMON STOCK — 1,917 shares (Direct)
Footnotes (1)
- Shares increased due to quarterly dividend reinvestment. 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 cliff vest on May 23, 2026 based on First Community Bankshares, Inc. satisfaction of certain performance criteria for the three years ending March 31, 2026 and the continued employment of the reporting person. 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 cliff vest on May 29, 2027 based on First Community Bankshares, Inc. satisfaction of certain performance criteria for the three years ending March 31, 2027 and the continued employment of the reporting person. 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. 30% of the restricted stock units cliff vest on May 28, 2028, and 70% of the units vest based on First Community Bankshares, Inc. satisfaction of certain performance criteria for the three years ending March 31, 2028. All vesting is contingent upon the continued employment of the reporting person. Stock options vest in three equal installments over three years beginning with 03/31/2022.
FAQ
What insider transaction did FCBC’s Derek A. Bonnett report?
Derek A. Bonnett reported an indirect purchase of 501 First Community Bankshares common shares. The shares were bought on January 30, 2026 at $34.93 per share and are held in his wife’s IRA, indicating additional personal exposure to FCBC equity.
What restricted stock units does Derek A. Bonnett hold in FCBC?
Bonnett holds restricted stock units tied to 2,151, 1,667 and 1,888 FCBC common shares. These awards vest on dates in May 2026, May 2027 and May 2028, subject to First Community Bankshares meeting specified three-year performance criteria and his continued employment with the company.
When do Derek A. Bonnett’s FCBC restricted stock units vest?
One RSU grant cliff vests on May 23, 2026, another on May 29, 2027, and a third vests 30% on May 28, 2028 with 70% based on performance through March 31, 2028. All vesting depends on performance targets and his continued employment.
What stock options in FCBC does Derek A. Bonnett report holding?
Bonnett reports stock options covering 977 First Community Bankshares common shares at a $33 exercise price. The options vest in three equal annual installments beginning March 31, 2022, and are scheduled to expire on March 19, 2031 if not exercised earlier under the award terms.
How are Derek A. Bonnett’s indirect FCBC holdings structured?
Bonnett reports indirect ownership of 1,331 FCBC common shares through an Employee Stock Ownership & Savings Plan and 501 shares in his wife’s IRA. These indirect holdings supplement his directly held common shares and equity awards in the company.