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First Community Bankshares director M. Adam Sarver reported compensation-related equity activity and updated share holdings. On May 28, 2026, he exercised 928 restricted stock units, receiving the same number of common shares, which brought his direct common stock position to 113,692 shares.
He also received a new grant of 842 restricted stock units on May 27, 2026, each representing a contingent right to one share or the cash value, scheduled to vest in a single installment on May 27, 2027. Separate entries show additional direct holdings of 2,000 common shares, indirect ownership of 41,976 shares through Longview Properties, LLC, and 872 shares held by his wife.
Beyond common stock, Sarver holds stock options over 3,958 shares of common stock with a $33.00 exercise price, expiring on March 19, 2031. The filing reflects no reported open‑market purchases or sales, focusing instead on equity awards, their vesting, and current ownership levels.
First Community Bankshares Inc. director Harriet B. Price reported routine equity compensation activity. On May 27, 2026, she received a grant of 842 restricted stock units (RSUs), each representing a contingent right to one share of common stock or its cash value, vesting in one installment on May 27, 2027.
On May 28, 2026, 928 RSUs vested and converted into 928 shares of common stock. Following this conversion, she directly held 2,426 shares of common stock. She 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 continue to vest in three equal annual installments beginning March 31, 2022.
First Community Bankshares director Richard Scott Johnson reported equity compensation activity. On May 28, 2026, 928 restricted stock units vested and converted into 928 shares of common stock, increasing his directly held common stock to 56,309 shares. This was an exercise or conversion of a derivative award, not an open‑market purchase.
On May 27, 2026, he also received a new grant of 842 restricted stock units, which each represent a contingent right to one share of common stock or its cash value and are scheduled to vest in a single installment on May 27, 2027. Johnson continues to hold stock options covering 3,958 shares of common stock at an exercise price of $33.00 per share, expiring on March 19, 2031.
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.
First Community Bankshares director C. William Davis reported equity compensation activity rather than open‑market trading. On May 28, 2026, 928 restricted stock units vested and converted into 928 shares of common stock, increasing his directly held common stock to 17,641 shares.
On May 27, 2026, he received a grant of 842 restricted stock units, each representing one future share or its cash value, scheduled to vest in a single installment on May 27, 2027. He also holds stock options for 3,958 shares at an exercise price of $33.00 per share expiring March 19, 2031, 5,805 phantom stock units tied to common stock value, and 3,176 common shares held indirectly through an IRA.
First Community Bankshares, Inc. Chief Executive Officer William P. Stafford II reported compensation-related equity activity. He received a grant of 3,690 restricted stock units (RSUs). Separately, 5,546 RSUs converted into the same number of common shares, with 1,850 shares withheld to cover tax obligations.
After these transactions, he directly holds 211,161 shares of common stock, plus indirect holdings of 4,058 shares through an employee stock ownership and savings plan and 2,866 shares through a pension plan. He also retains unexercised equity awards, including RSUs tied to multi‑year performance criteria and stock options for 11,702 shares at an exercise price of $33.00 per share.
First Community Bankshares President Gary R. Mills reported routine equity compensation activity. On May 27, 2026, he received a grant of 4,917 restricted stock units, representing a contingent right to receive an equal number of common shares or their cash value.
On May 26, 2026, 7,394 restricted stock units vested and converted into the same number of common shares, and 3,354 shares were disposed of at $42.38 per share to satisfy tax obligations, not as an open-market sale. After these transactions, he directly holds 12,777 shares of common stock and indirectly holds 10,916 shares through an employee stock ownership and savings plan.
He also retains additional equity-linked incentives, including restricted stock units tied to future performance periods, 15,968 phantom stock units payable in cash or stock at employment termination, and multiple stock option awards covering 15,799 shares at an exercise price of $33.00 exercisable until March 19, 2031, along with smaller older option grants.
First Community Bankshares SVP & General Counsel Sarah W. Harmon reported equity compensation activity involving restricted stock units, common shares, and stock options. She exercised 2,876 restricted stock units into common stock, with 1,535 shares withheld at $42.38 per share to cover tax obligations, leaving 7,313 common shares held directly afterward.
Harmon also received a grant of 2,153 new restricted stock units, each representing a contingent right to one common share or its cash value. She continues to hold indirect ownership of 1,994 common shares through an employee stock ownership and 401(k) plan, plus unexercised stock options for 5,157 shares at an exercise price of $33.00 expiring in 2031. Remaining performance-based restricted stock units vest between 2027 and 2029, subject to company performance and continued employment.
First Community Bankshares Chief Financial Officer David D. Brown reported multiple equity compensation transactions. He exercised 3,132 restricted stock units into common stock and then returned 3,132 shares to the issuer at $42.38 per share, a non‑market disposition.
Brown also received a new grant of 2,153 restricted stock units that can settle in cash or stock, and 2,033 phantom stock units credited through a 401(k) wrap arrangement, each economically equivalent to one common share. After these changes, he continues to hold common stock directly as well as indirect positions through an employee stock ownership and savings plan and an IRA, plus unexercised stock options and additional performance‑based RSUs that vest over future years.
First Community Bankshares Chief Risk Officer Derek A. Bonnett reported routine equity compensation activity. He received a grant of 1,756 restricted stock units (RSUs), each representing one share of common stock or its cash value, as long as performance and employment conditions are met.
Bonnett also exercised 2,151 RSUs into common shares, and 1,342 shares were withheld to cover tax obligations rather than sold on the market. After these transactions, he directly holds 4,068 common shares, plus indirect holdings of 501 shares in his spouse’s IRA and 1,550 shares through an employee stock plan.
He continues to hold unexercised awards, including RSUs tied to future performance periods and stock options on 977 shares with a $33.00 exercise price expiring in 2031, showing a remaining equity stake beyond the current transactions.