FVCB Form 4: Director Satz Reports Two Sales, Holdings Now 149,173 Shares
Rhea-AI Filing Summary
Devin Satz, a director of FVCBankcorp, Inc. (FVCB), reported two open-market sales of the issuer's common stock on August 12 and August 13, 2025. On 08/12/2025 Mr. Satz sold 5,000 shares at $12.8384 each, leaving him with 154,173 shares beneficially owned. On 08/13/2025 he sold another 5,000 shares at $13.0062 each, reducing his beneficial ownership to 149,173 shares. The Form 4 lists Mr. Satz's address in Fairfax, VA, and indicates he filed the form as a single reporting person in his capacity as a director. The filing was signed by Jennifer L. Deacon as Power of Attorney on 08/13/2025.
Positive
- Timely and transparent disclosure of insider sales with transaction dates, prices, and resulting ownership provided
- Form 4 signed by an authorized power of attorney, indicating procedural compliance
Negative
- Director sold 10,000 shares over two days, reducing beneficial ownership from 159,173 to 149,173 shares
- No explanatory note in the filing about the reason for the sales or whether they were pursuant to a trading plan
Insights
Routine director stock sales disclosed; transaction sizes are small relative to typical institutional holdings.
The Form 4 documents two consecutive single-day open-market dispositions of 5,000 shares each by a company director at prices of $12.8384 and $13.0062. The report clearly states resulting beneficial ownership totals before and after the trades. There is no additional context in the filing about a planned sale program or any derivative activity. From a compliance perspective the filing meets Section 16 disclosure requirements and is appropriately signed by a power of attorney.
Disclosure is complete and timely on its face; the trades reflect director liquidity rather than corporate action.
The document identifies the reporting person, role as director, and provides transaction dates, quantities, prices, and post-transaction beneficial ownership. There are no reported amendments, no derivative transactions, and no noted 10b5-1 plan box checked on the provided text. The signature by a POA is recorded with date, which is standard for delegated filings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $13.0062 | $65K |
| Sale | Common Stock | 5,000 | $12.8384 | $64K |