F&M Bank Corp (FMBM) EVP withholds 352 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
F&M Bank Corp executive Paul E. Eberly, EVP/Chief Lending Officer, reported a routine tax-related share disposition. On the transaction date, 352 shares of common stock were withheld at $31.98 per share to cover tax obligations. After this event, he directly owned 8,234 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eberly Paul E.
Role
EVP/Chief Lending Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 352 | $31.98 | $11K |
Holdings After Transaction:
Common Stock — 8,234 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did FMBM executive Paul E. Eberly report?
Paul E. Eberly reported a tax-related share disposition involving 352 shares of F&M Bank Corp common stock. The shares were withheld to satisfy tax obligations, rather than sold on the open market, and reflect a routine administrative transaction.
Does the FMBM insider transaction signal a change in investment outlook?
The reported transaction appears administrative, covering tax obligations with 352 shares. Such F-code tax-withholding dispositions are typically routine and do not represent discretionary buying or selling decisions that might indicate a changed outlook on F&M Bank Corp’s prospects.