FVCBankcorp director exercises options, sells 21,483 shares
FVCBankcorp director Lawrence W. Schwartz reported option-related transactions involving 21,483 shares on Common Stock.
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.
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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
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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.