FVCB Form 4: Lawrence W. Schwartz Disposes of 4,000 Shares
Rhea-AI Filing Summary
FVCBankcorp director Lawrence W. Schwartz reported a sale of common stock. The Form 4 shows a transaction dated 08/18/2025 where 4,000 shares were sold at $12.83, leaving the reporting person with 16,276 shares beneficially owned. The filing was signed by a power of attorney on 08/20/2025. No derivative transactions or additional remarks are reported.
Positive
- Reporting person retains 16,276 shares after the sale, indicating continued ownership alignment with shareholders
Negative
- Reported sale of 4,000 common shares at $12.83 per share, which reduced the reporting person's holdings
Insights
TL;DR: Director executed a routine sale of 4,000 shares, leaving meaningful continued ownership of 16,276 shares.
The filing documents a straightforward non-derivative sale on 08/18/2025 of 4,000 common shares at $12.83 per share. This reduced the reporting person’s direct holdings to 16,276 shares. There are no reported derivative positions or other transactions. The sale appears to be a single-line transaction without accompanying comments or indication of a 10b5-1 plan in the form content provided.
TL;DR: Routine insider sale disclosed; continuing ownership remains, and no governance red flags are evident from this Form 4 alone.
The Form 4 was filed by one reporting person and signed via power of attorney on 08/20/2025. The document reports a direct disposition code (S) and shows remaining beneficial ownership, which signals ongoing alignment with shareholders. There are no additional disclosures of related-party transactions, option exercises, or amendments in the content provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $12.83 | $51K |