F&M Bank CEO granted 4,193 shares at $30.59
F&M Bank Corp (FMBM) reported that CEO and director Aubrey M. Wilkerson received a grant of 4,193 shares of Common Stock from the issuer on March 19, 2026, at a price of $30.59 per share.
Rhea-AI Filing Summary
F&M Bank Corp (FMBM) reported that CEO and director Aubrey M. Wilkerson received a grant of 4,193 shares of Common Stock from the issuer on March 19, 2026, at a price of $30.59 per share. Following this award, he directly holds 31,163 shares, with an additional 1,565 shares held indirectly through the F&M Bank Corp Employee Stock Ownership Plan. The amendment clarifies that this was an acquisition from the issuer exempt from Section 16(b) under Rule 16b-3.
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Negative
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Insider Trade Summary
Grant/Award: 4,193 shares
Grant/Award
2 txns
Insider
Wilkerson Aubrey M.
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 4,193 | $30.59 | $128K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 31,163 shares (Direct);
Common Stock — 1,565 shares (Indirect, Held in F&M Bank Corp. Employee Stock Ownership Plan)
Footnotes (1)
- F1. This amendment is being filed to correct the transaction code to reflect an acquisition from the Issuer, which is exempt from Section 16(b) of the Securities Exchange Act per Rule 16b-3.
Key Figures
Shares acquired: 4,193 shares of Common Stock
Grant price: $30.59 per share
Direct holdings after transaction: 31,163 shares of Common Stock
+1 more
4 metrics
Shares acquired
4,193 shares of Common Stock
Grant/award acquisition on March 19, 2026
Grant price
$30.59 per share
Price per share for the March 19, 2026 Common Stock grant
Direct holdings after transaction
31,163 shares of Common Stock
Total direct ownership following the March 19, 2026 grant
Indirect ESOP holdings
1,565 shares of Common Stock
Held in F&M Bank Corp Employee Stock Ownership Plan
Key Terms
Section 16(b), Rule 16b-3, Employee Stock Ownership Plan, grant/award acquisition
4 terms
Section 16(b) regulatory
"exempt from Section 16(b) of the Securities Exchange Act per Rule 16b-3"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3 regulatory
"exempt from Section 16(b) of the Securities Exchange Act per Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Employee Stock Ownership Plan financial
"Held in F&M Bank Corp. Employee Stock Ownership Plan"
An employee stock ownership plan (ESOP) is a company-run program that gives workers ownership stakes by allocating or letting them buy company shares, often through a retirement-style account. For investors, ESOPs matter because they align employees’ incentives with company performance—like turning staff into shareholders—which can boost productivity and long-term value but may also concentrate employee retirement savings in company stock, affecting financial risk and share demand.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What insider transaction did FMBM disclose for Aubrey M. Wilkerson?
F&M Bank Corp disclosed that CEO Aubrey M. Wilkerson received a grant of 4,193 shares of Common Stock on March 19, 2026, from the issuer. The filing states this acquisition is exempt from Section 16(b) under Rule 16b-3.
What is the purpose of this Form 4/A amendment for FMBM?
The amendment states it is being filed to correct the transaction code to reflect that the CEO’s shares were acquired from the issuer in a manner exempt from Section 16(b) under Rule 16b-3 of the Securities Exchange Act.
AI-generated analysis. How Rhea-AI works. Not financial advice.
