FVCBankcorp (FVCB) president receives 15,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FERRICK PATRICIA A reported acquisition or exercise transactions in this Form 4 filing.
FVCBankcorp, Inc. reported that President and director Patricia A. Ferrick received an award of 15,000 shares of Common Stock in the form of restricted stock units with no cash purchase price. These awards will vest in equal annual installments over four years starting on the grant anniversary.
Following this equity compensation grant, Ferrick directly holds a total of 230,886 shares of Common Stock, aligning her interests more closely with the company’s shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FERRICK PATRICIA A
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 230,886 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 15,000 shares
Vesting period: 4 years
Post-transaction holdings: 230,886 shares
+1 more
4 metrics
Restricted stock units granted
15,000 shares
Equity award to President Patricia A. Ferrick
Vesting period
4 years
Equal annual installments from grant anniversary
Post-transaction holdings
230,886 shares
Total Common Stock directly held after grant
Grant price per share
$0.0000 per share
Compensation grant, not open-market purchase
Key Terms
restricted stock unit awards, vesting, Common Stock
3 terms
restricted stock unit awards financial
"15,000 shares issuable upon vesting of restricted stock unit awards."
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
vesting financial
"The awards will vest in equal annual installments over four years"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did FVCBankcorp (FVCB) disclose about Patricia Ferrick in this Form 4?
FVCBankcorp disclosed that President and director Patricia A. Ferrick received a grant of 15,000 restricted stock units of Common Stock. These equity awards are part of her compensation and increase her direct holdings to 230,886 shares after the reported transaction.
How will the 15,000 restricted stock units for FVCB’s president vest?
The 15,000 restricted stock units awarded to FVCBankcorp’s president will vest in equal annual installments over four years. The first installment vests on the anniversary of the grant, spreading the vesting schedule evenly across the four-year period.