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

Rhea-AI Filing Summary

John A. Willingham, a director of F&M Bank Corp (FMBM), reported a purchase of 99 shares of the issuer's common stock on 09/18/2025 at a price of $25.92 per share. Following the transaction he beneficially owns 20,759 shares in a direct capacity. The filing identifies the transaction code P and explains the shares were acquired from the issuer using the proceeds of a quarterly retainer, indicating the share grant was compensation-related rather than an open-market purchase. The Form 4 was signed by an attorney-in-fact, Candy F. Barkley.

Positive

• Director compensation converted to equity: The filing states shares were acquired with proceeds of a quarterly retainer, aligning management incentives with shareholders.
• Clear, routine disclosure: The Form 4 reports direct beneficial ownership and transaction details (date, price, shares), meeting Section 16 transparency requirements.

Negative

• None.

Insights

Securities Analyst

TL;DR: A director converted compensation into 99 shares; change is small relative to total holdings and likely immaterial to valuation.

The reported transaction shows a director received 99 shares at $25.92 using a quarterly retainer, which is a routine, compensation-driven issuance rather than a timed market trade. The post-transaction beneficial ownership is 20,759 shares, reported as direct ownership. For investors this is a routine insider compensation disclosure and does not reveal any new strategic information or major change in insider stake.

Corporate Governance Expert

TL;DR: This Form 4 documents a standard director compensation conversion; filing is procedural and aligns with typical governance disclosures.

The explanation explicitly states the shares were acquired from the issuer with proceeds of a quarterly retainer, indicating compensation in stock rather than cash. The presence of an attorney-in-fact signature is a common administrative practice. The filing fulfills Section 16 reporting obligations without signaling leadership changes or material governance events.

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
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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^*

Willingham John A.

(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		99(1)	A	$25.92	20,759	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	09/18/2025
	** 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 did the Form 4 for FMBM report on 09/18/2025?

It reported that John A. Willingham, a director, acquired 99 shares at $25.92 per share on 09/18/2025, bringing his direct ownership to 20,759 shares.

Why were the 99 shares issued to the director?

The filing explains the shares were acquired from the issuer using the proceeds of a quarterly retainer, indicating the issuance was compensation-related.

Is the reported transaction an open-market purchase?

No. The Form 4 indicates the shares were acquired from the issuer as part of a quarterly retainer, not an open-market trade.

Who signed the Form 4?

The form bears the signature of Candy F. Barkley, Attorney-in-Fact, dated 09/18/2025.

How much did the director pay per share?

The reported price per share was $25.92.