STOCK TITAN

F&M Bank Corp Form 4: Director Purchase and ESOP Holdings Disclosed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Edward Ray Burkholder, a director of F&M Bank Corp (ticker: FMBM), reported a purchase of 317 shares of the issuer's common stock on 09/18/2025 at a price of $25.92 per share. The filing shows Mr. Burkholder directly beneficially owns 5,486 shares and indirectly beneficially owns 168,459 shares as Trustee of the F&M Bank Corp. ESOP. The Form 4 was filed by one reporting person and executed by attorney-in-fact Candy F. Barkley on 09/18/2025. The filing notes the shares were acquired with proceeds of a quarterly retainer.

Positive

  • Director purchased shares using a quarterly retainer, indicating alignment with shareholder interests
  • Significant indirect holdings reported (168,459 shares) as Trustee of the F&M Bank Corp. ESOP

Negative

  • None.

Insights

TL;DR: Routine insider purchase tied to director compensation; modest direct stake increase but large indirect ESOP holdings remain dominant.

The reported purchase of 317 shares at $25.92 funded by a quarterly retainer is a customary director compensation transaction, not an unusual market-moving trade. Direct ownership rises to 5,486 shares while indirect holdings as ESOP trustee total 168,459 shares, indicating substantial exposure to the company through employee plan responsibilities. This disclosure is routine and provides limited new information about company fundamentals.

TL;DR: Standard Section 16 reporting of compensation-related share acquisition; filing adheres to disclosure requirements.

The Form 4 clearly identifies the reporting person as a director and documents the source of the shares as proceeds of a quarterly retainer. Filing by one reporting person and signature by an attorney-in-fact show procedural compliance. The juxtaposition of modest direct ownership with significant indirect ESOP-held shares is typical for directors serving as trustees and raises standard stewardship responsibilities rather than immediate governance concerns.

Insider BURKHOLDER EDWARD RAY
Role Director
Bought 317 shs ($8K)
Type Security Shares Price Value
Purchase Common Stock 317 $25.92 $8K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 5,486 shares (Direct); Common Stock — 168,459 shares (Indirect, As Trustee of F&M Bank Corp. ESOP)
Footnotes (1)
  1. [object Object]
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).
1. Name and Address of Reporting Person*
BURKHOLDER EDWARD RAY

(Last) (First) (Middle)
C/O F&M BANK
205 S 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 317(1) A $25.92 5,486 D
Common Stock 168,459 I As Trustee of F&M Bank Corp. ESOP
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 the issuer with proceeds of a quarterly retainer.
/s/ Candy F. Barkley, Attorney-in-Fact 09/18/2025
** 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 transaction did the FMBM director report on 09/18/2025?

The director reported acquiring 317 shares of common stock on 09/18/2025 at $25.92 per share.

How many shares does Edward Ray Burkholder directly and indirectly own according to the Form 4?

The Form 4 shows 5,486 shares directly owned and 168,459 shares indirectly owned as Trustee of the F&M Bank Corp. ESOP.

What was the source of funds for the share acquisition reported in the Form 4?

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

Who signed the Form 4 for the reporting person?

The filing was executed by attorney-in-fact Candy F. Barkley on 09/18/2025.

Was the Form 4 filed by multiple reporting persons?

No. The form indicates it was filed by one reporting person.