FMBM Form 4: Director Adds 238 Shares, Holdings Reach 1,828
Rhea-AI Filing Summary
F&M Bank Corp (FMBM) Form 4: Director Thomas Daphyne S. acquired 238 shares of the issuer's common stock on 09/18/2025 at a price of $25.92 per share, increasing reported beneficial ownership to 1,828 shares. The filing states the shares were acquired from the issuer using proceeds of a quarterly retainer. The transaction is reported as a direct beneficial ownership change and the Form 4 is signed by an attorney-in-fact, Candy F. Barkley.
Positive
- Transparent disclosure: The director's acquisition is reported on Form 4 with transaction details and signature.
- Compensatory alignment: Shares were acquired using a quarterly retainer, aligning director compensation with equity ownership and increasing direct holdings to 1,828 shares.
Negative
- None.
Insights
TL;DR: Director purchased shares using a retainer; modest direct ownership increase reported.
The filing shows a director-level insider acquired 238 shares at $25.92 each using a quarterly retainer rather than an open-market trade or gift. This is a routine compensatory-share issuance to a director that increases direct beneficial ownership to 1,828 shares. The transaction is transparently reported on Form 4 and executed by an attorney-in-fact, indicating standard procedural handling.
TL;DR: Small, routine insider acquisition disclosed; procedural details provided.
The report documents a single non-derivative acquisition of 238 common shares at $25.92 on 09/18/2025, attributed to retainer proceeds. The increase to 1,828 shares is clearly stated. No derivative positions, dispositions, or other compensatory complexities are disclosed, limiting immediate impact on share count or control metrics in this filing alone.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 238 | $25.92 | $6K |
Footnotes (1)
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