F&M Bank Corp (FMBM) president buys 3,000 shares on open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
F&M Bank Corp President Black Barton E. reported an open-market purchase of 3,000 shares of common stock at $30.59 per share. After this transaction, he directly holds 14,102 shares. He also indirectly holds 145,948.21 shares allocated to him through the F&M Bank Corp ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,000 shares ($91,770)
Net Buy
2 txns
Insider
Black Barton E.
Role
President
Bought
3,000 shs ($92K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,000 | $30.59 | $92K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,102 shares (Direct);
Common Stock — 145,948.21 shares (Indirect, Allocated to Mr. Black in F&M Bank Corp. ESOP)
Footnotes (1)
FAQ
What insider transaction did FMBM’s president report on this Form 4?
F&M Bank Corp President Black Barton E. reported buying 3,000 shares of common stock in an open-market purchase. The shares were acquired at $30.59 each, indicating a direct increase in his personal equity stake in the company.
At what price did the FMBM insider purchase the common stock?
The insider purchased F&M Bank Corp common stock at $30.59 per share. This price reflects what he paid in the open market for 3,000 shares on the reported transaction date, as disclosed in the Form 4 filing.
What indirect FMBM holdings are reported for the president in the ESOP?
In addition to his direct holdings, 145,948.21 F&M Bank Corp shares are allocated to him through the company’s ESOP. These are classified as indirect ownership, reflecting plan allocations rather than shares he holds in his own name.
Does this FMBM Form 4 include any stock sales or only purchases?
This Form 4 shows a net-buy pattern, with one open-market purchase of 3,000 shares and no reported sales. The transaction summary lists a buy count of one and a net-buy direction based on the disclosed activity.