First Community director exercises 928 RSUs

First Community Bankshares Inc. director Samuel L. Elmore exercised equity awards and received a new grant.

Rhea-AI Filing Summary

First Community Bankshares Inc. director Samuel L. Elmore exercised equity awards and received a new grant. On May 28, 2026, 928 restricted stock units converted into 928 shares of common stock at $0.00 per share as they vested, bringing his direct common stock holdings to 19,864 shares.

On May 27, 2026, Elmore was granted 842 new restricted stock units, each representing a contingent right to one share of common stock or its cash value, vesting in one installment on May 27, 2027. He also holds stock options covering 3,958 shares of common stock at an exercise price of $33.00 per share, expiring on March 19, 2031, which vest in three equal annual installments beginning March 31, 2022.

Insider Trade Summary

928 shares exercised/converted

Exercise 4 txns

Insider Elmore Samuel L

Role Director

Type	Security	Shares	Price	Value
Exercise	RESTRICTED STOCK UNITS	928	$0.00	$0.00
Exercise	COMMON STOCK	928	$0.00	$0.00
Grant/Award	RESTRICTED STOCK UNITS	842	$0.00	$0.00
holding	STOCK OPTION	--	--	--

Holdings After Transaction: RESTRICTED STOCK UNITS — 842 contracts (Direct); COMMON STOCK — 19,864 shares (Direct); STOCK OPTION — 3,958 contracts (Direct)

Footnotes (3)

1. F1. Each restricted stock unit converted into one share of First Community Bankshares Inc. common stock. The restricted stock units vested on May 28, 2026.
2. F2. Stock options vest in three equal installments over three years beginning with 03/31/2022.
3. F3. 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

RSUs exercised: 928 shares Common shares held: 19,864 shares New RSU grant: 842 units +2 more

5 metrics

RSUs exercised 928 shares Restricted stock units converted to common stock on May 28, 2026

Common shares held 19,864 shares Direct holdings after transactions on May 28, 2026

New RSU grant 842 units Restricted stock units granted on May 27, 2026, vesting May 27, 2027

Stock option exercise price $33.00/share Options on 3,958 underlying common shares expiring March 19, 2031

Option underlying shares 3,958 shares Underlying common stock for outstanding options, direct ownership

Key Terms

restricted stock unit, stock options, derivative security, 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.

stock options financial

"Stock options vest in three equal installments over three years beginning with 03/31/2022."

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

derivative security financial

"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.

contingent right financial

"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."

vest financial

"The restricted stock units vested on May 28, 2026."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Samuel L. Elmore report in FCBC stock?

Samuel L. Elmore reported exercising 928 restricted stock units into common stock and receiving a new grant of 842 restricted stock units. He also reported continuing to hold stock options tied to 3,958 shares of First Community Bankshares common stock.

How many First Community Bankshares (FCBC) shares does Samuel L. Elmore now hold directly?

After the reported transactions, Samuel L. Elmore directly holds 19,864 shares of First Community Bankshares common stock. This reflects the conversion of 928 vested restricted stock units into shares on May 28, 2026, with no shares reported as sold or disposed.

What restricted stock units were granted to Samuel L. Elmore by FCBC?

On May 27, 2026, Samuel L. Elmore was granted 842 restricted stock units. Each unit is a contingent right to receive one share of First Community Bankshares common stock, or its cash value, and will vest in a single installment on May 27, 2027.

What equity awards did Samuel L. Elmore exercise in this FCBC Form 4?

Elmore exercised 928 restricted stock units, which converted into 928 shares of First Community Bankshares common stock at a price of $0.00 per share. The footnotes explain these units vested on May 28, 2026, triggering the conversion into common stock.

What stock options does Samuel L. Elmore hold in First Community Bankshares (FCBC)?

Elmore holds stock options linked to 3,958 shares of First Community Bankshares common stock with a $33.00 exercise price. These options vest in three equal annual installments starting March 31, 2022, and expire on March 19, 2031, if not exercised earlier.

Does this FCBC Form 4 show any insider share sales by Samuel L. Elmore?

The filing shows only acquisitions and exercises, with no reported sales or dispositions of First Community Bankshares common stock. Reported activity includes conversion of 928 restricted stock units into shares and a new grant of 842 restricted stock units, plus existing stock options.

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

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Accepted by SEC EDGAR 05/29/2026 - 01:35 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Elmore Samuel L

(Last) (First) (Middle)

PO BOX 989

(Street)

BLUEFIELD VIRGINIA 24605

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST COMMUNITY BANKSHARES INC /VA/ [ FCBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK	05/28/2026		M		928	A	(1)	19,864	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
STOCK OPTION	$33							03/31/2022(2)	03/19/2031	COMMON STOCK	3,958		3,958	D
RESTRICTED STOCK UNITS	(1)	05/28/2026		M			928	(1)	(1)	COMMON STOCK	928	$0	0	D
RESTRICTED STOCK UNITS	(3)	05/27/2026		A		842		(3)	(3)	COMMON STOCK	842	$0	842	D

Explanation of Responses:

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.

2. Stock options vest in three equal installments over three years beginning with 03/31/2022.

3. 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.

	Samuel L. Elmore by: Sarah W. Harmon (His Attorney-in-Fact)	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)