FVCBankcorp (FVCB) director Daniel Testa awarded 2,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FVCBankcorp, Inc. director Daniel M. Testa received an award of 2,000 shares of Common Stock in the form of restricted stock unit awards on April 22, 2026. The footnote explains these 2,000 shares are issuable upon vesting in equal annual installments over four years, with the first installment vesting on the anniversary of the grant.
After this compensation-related acquisition, Testa’s direct holdings total 196,158 shares of Common Stock, indicating this is a relatively small, routine stock-based award compared with his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Testa Daniel M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 196,158 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,000 shares
Post-transaction holdings: 196,158 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
RSU grant size
2,000 shares
Restricted stock unit awards granted on April 22, 2026
Post-transaction holdings
196,158 shares
Total direct Common Stock holdings after grant
Grant price per share
$0.0000 per share
Compensation-related stock award, not open-market purchase
Vesting period
4 years
RSUs vest in equal annual installments over four years
Key Terms
restricted stock unit awards, vest in equal annual installments, Common Stock, Grant, award, or other acquisition
4 terms
restricted stock unit awards financial
"2,000 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.
vest in equal annual installments financial
"The awards will vest in equal annual installments over four years"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did FVCBankcorp (FVCB) director Daniel M. Testa report on this Form 4?
Daniel M. Testa reported receiving 2,000 shares of FVCBankcorp Common Stock as a restricted stock unit award. This is a compensation-related grant, not an open-market purchase or sale, and increases his direct holdings to 196,158 shares after the transaction.
How do the restricted stock units for FVCB vest for Daniel M. Testa?
The 2,000 restricted stock unit awards vest in equal annual installments over four years. The first installment vests on the anniversary of the grant date, meaning one-quarter of the units vest each year until all are fully vested.
Is this FVCBankcorp (FVCB) Form 4 a stock purchase or a compensation grant?
This Form 4 reflects a compensation grant, not an open-market stock purchase. The 2,000 shares are issuable upon vesting of restricted stock unit awards, with a reported price per share of zero, consistent with stock-based compensation for a company director.
Does the FVCBankcorp (FVCB) Form 4 indicate any stock sales by Daniel M. Testa?
The Form 4 does not report any stock sales by Daniel M. Testa. It records only a grant-type acquisition of 2,000 restricted stock unit awards, classified under transaction code “A” for a grant, award, or other acquisition of Common Stock.