FVCBankcorp director exercises options, sells 21,483 shares
FVCBankcorp director Lawrence W. Schwartz reported option-related transactions involving 21,483 shares on Common Stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
FVCBankcorp director Lawrence W. Schwartz reported option-related transactions involving 21,483 shares on Common Stock. He exercised stock options for 21,483 shares at $9.2160 per share, receiving an equal number of FVCBankcorp common shares.
On the same date, he sold 21,483 shares of common stock in an open-market transaction at an average price of $15.6639 per share. After these transactions, Schwartz directly owned 16,276 shares of FVCBankcorp common stock.
Insights
Director exercised options and sold the resulting shares, with modest net holdings remaining.
Lawrence W. Schwartz, a director of FVCBankcorp, exercised stock options for 21,483 shares at $9.2160 per share and received the same number of common shares. The code M indicates a derivative exercise rather than an open-market purchase.
He then sold 21,483 common shares at an average price of $15.6639 per share in an open-market transaction coded S, leaving direct ownership of 16,276 shares. The mix of option exercise and sale is typical for monetizing equity awards while retaining a residual position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 21,483 | $9.216 | $198K |
| Exercise | Common Stock | 21,483 | $9.216 | $198K |
| Sale | Common Stock | 21,483 | $15.6639 | $337K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FVCBankcorp (FVCB) director Lawrence W. Schwartz report?
What do the M and S transaction codes mean in the FVCBankcorp (FVCB) Form 4/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.