Director Hannah Hutman adds F&M Bank (FMBM) shares via retainer proceeds
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
F&M Bank Corp director Hannah W. Hutman increased her stake through a small open-market purchase. On March 19, 2026, she acquired 202 shares of Common Stock at $30.59 per share, bringing her direct holdings to 3,935 shares. A footnote explains the shares were acquired from the issuer using proceeds from a quarterly retainer, effectively reinvesting her director compensation into company stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 202 shares ($6,179)
Net Buy
1 txn
Insider
Hutman Hannah W.
Role
Director
Bought
202 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 202 | $30.59 | $6K |
Holdings After Transaction:
Common Stock — 3,935 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FMBM director Hannah Hutman report on this Form 4?
Director Hannah W. Hutman reported buying 202 shares of F&M Bank Corp Common Stock. The transaction occurred on March 19, 2026, at $30.59 per share. This purchase increased her direct ownership position and reflects a modest addition to her existing holdings.
Was the FMBM Form 4 transaction an open-market buy or another type of acquisition?
The filing classifies the transaction as an open-market purchase of Common Stock. However, a footnote clarifies the shares were acquired from the issuer using proceeds from a quarterly retainer, linking the acquisition to director compensation rather than a discretionary market trade.
What does the footnote in Hannah Hutman’s FMBM Form 4 transaction explain?
The footnote states the shares were acquired from the issuer with proceeds of a quarterly retainer. This means her director retainer was effectively used to obtain F&M Bank Corp shares, tying the reported purchase to regular board compensation rather than a standalone cash outlay.