F&M Bank names Erica Truban director, no stake listed
F&M BANK CORP (FMBM) reported that Erica N. Truban has become a reporting person as a director on an initial ownership report.
Rhea-AI Filing Summary
F&M BANK CORP (FMBM) reported that Erica N. Truban has become a reporting person as a director on an initial ownership report. This Form 3 does not list any specific share or option holdings and shows no reportable transactions at this time.
Positive
- None.
Negative
- None.
Key Terms
Form 3, reporting person, ten percent owner
3 terms
Form 3 regulatory
"This Form 3 does not list any specific share or option holdings"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
reporting person regulatory
"Erica N. Truban has become a reporting person as a director"
ten percent owner regulatory
"is_ten_percent_owner: 0 in the reporting-person information"
FAQ
What does this Form 3 filing mean for FMBM?
The filing identifies Erica N. Truban as a director of F&M BANK CORP and a reporting person under SEC rules. It is an initial statement of beneficial ownership and, in this case, does not report any specific share or option holdings.
What insider role does Erica N. Truban have at F&M BANK CORP (FMBM)?
Erica N. Truban is identified as a director of F&M BANK CORP in this Form 3. She is not flagged as an officer or a ten percent owner in the reporting-person information.
AI-generated analysis. How Rhea-AI works. Not financial advice.