[Form 4] F&M BANK CORP Insider Trading Activity

Rhea-AI Filing Summary

F&M Bank Corp (FMBM) director Peter H. Wray reported a purchase of company common stock on 09/18/2025. The Form 4 shows Mr. Wray acquired 238 shares at a price of $25.92 per share, paid using proceeds of a quarterly retainer, and now directly beneficially owns 7,154 shares. The filing was signed by an attorney-in-fact on 09/22/2025. All activity reported is non-derivative common stock and the acquisition code is P, indicating a purchase. No other transactions, derivative positions, or additional context are provided in the filing.

Positive

• Insider acquisition reported by a director, showing alignment with shareholder interests
• Transaction funded by retainer, indicating compensation was taken in stock rather than cash

Negative

• None.

Insights

Financial Analyst

TL;DR: Director purchased a small block of shares using retainer proceeds; transaction is routine and shows modest insider buying.

The reported acquisition of 238 shares at $25.92 increases the director's direct stake to 7,154 shares. The purchase was funded by a quarterly retainer, as stated, which indicates compensation was converted into equity rather than an open-market discretionary buy. The size of the purchase is modest relative to typical institutional thresholds and the filing contains no derivative activity or additional compensation changes. This is a routine disclosure under Section 16.

Corporate Governance Expert

TL;DR: Filing documents compliance with Section 16; transaction appears administrative and does not signal material governance change.

The Form 4 discloses a direct acquisition by a director and is properly executed via attorney-in-fact. The explanation states shares were acquired with retainer proceeds, which is a customary form of director compensation conversion. There are no indications of new agreements, option grants, or changes to board membership. From a governance perspective, the report fulfills disclosure requirements without revealing material corporate actions.

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^*

WRAY PETER H

(Last) (First) (Middle)

C/O F&M BANK

205 SOUTH MAIN STREET

(Street)

TIMBERVILLE VA 22853

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
F&M BANK CORP [ fmbm ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2025

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

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

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

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	09/18/2025		P		238(1)	A	$25.92	7,154	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

Explanation of Responses:

1. Shares acquired from issuer with proceeds of a quarterly retainer.

	/s/ Candy F. Barkley, Attorney-in-Fact	09/22/2025
	** 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.

FAQ

What did FMBM director Peter H. Wray report on the Form 4?

He reported acquiring 238 shares of F&M Bank Corp common stock at $25.92 per share on 09/18/2025, bringing his direct holdings to 7,154 shares.

How was the purchase financed according to the filing?

The filing states the shares were acquired from the issuer with proceeds of a quarterly retainer.

Was the transaction direct or indirect ownership?

The Form 4 lists the ownership form as Direct (D) for the reported common stock holdings.

Who signed the Form 4 and when?

The signature on the filing is by Candy F. Barkley, Attorney-in-Fact, dated 09/22/2025.

Does the filing show any derivative transactions or option grants?

No. The filing only reports a non-derivative common stock acquisition and contains no derivative securities or option activity.