STOCK TITAN

Form 4: FVCBankcorp EVP Disposes 253 Shares in Tax-Related Move

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Form 4 Overview

On 06/23/2025, FVCBankcorp, Inc. (ticker: FVCB) filed a Form 4 reporting a routine insider transaction by Executive Vice President & Chief Lending Officer Alissa Curry Briggs. The filing discloses the disposition of 253 common shares at a market price of $11.73 per share.

Key Transaction Details

  • Transaction Code: F – shares withheld to satisfy tax obligations linked to restricted-stock-unit vesting (Rule 16b-3).
  • Shares Disposed: 253 (non-derivative).
  • Cash Proceeds: None stated; the issuer withheld the shares rather than executing an open-market sale.
  • Remaining Beneficial Ownership: 13,809 common shares held directly after the withholding.

Context & Interpretation

The “F” code signals an administrative, tax-related disposition rather than a discretionary sale, so it generally carries limited signalling value regarding management’s outlook. No derivative securities were exercised or disposed, and the filing does not reference a Rule 10b5-1 trading plan. The number of shares involved is modest and unlikely to affect the company’s float or insider ownership profile in a material way.

Investor Takeaway

This Form 4 is neutral from a valuation or governance perspective. It neither indicates insider bullishness nor bearishness and does not provide new insight into the issuer’s operating performance or strategic direction. Investors may note that the officer retains a meaningful equity position, maintaining alignment with shareholder interests.

Positive

  • None.

Negative

  • None.

Insights

Tiny tax-related share withholding; neutral for FVCB valuation.

The filing shows EVP Alissa Curry Briggs surrendered 253 shares, valued at roughly $3,000, to cover RSU tax obligations. Because the transaction was mandated by plan mechanics (Code F) and not an open-market sale, it does not imply a change in conviction or future earnings expectations. Remaining ownership of 13,809 shares preserves incentive alignment. Given FVCB’s 8.9 million shares outstanding (last reported), the transaction is immaterial (<0.003% of shares). I view the disclosure as routine with no impact on valuation models or near-term price drivers.

Administrative RSU tax withholding; governance risk unchanged.

Code F transactions are generally low-risk from a governance standpoint. The officer followed Section 16 reporting timelines and provided the required explanation. No red flags such as late filing, opaque pricing, or large-scale disposals are present. Insider still owns over 13,000 shares, supporting long-term alignment. Therefore, the event is not impactful to governance assessments.

Insider Curry Briggs Alissa
Role EVP, Chief Lending Officer
Type Security Shares Price Value
Tax Withholding Common Stock 253 $11.73 $3K
Holdings After Transaction: Common Stock — 13,809 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Curry Briggs Alissa

(Last) (First) (Middle)
11325 RANDOM HILLS ROAD, STE 240

(Street)
FAIRFAX VA 22030

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FVCBankcorp, Inc. [ FVCB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Lending Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/23/2025 F(1) 253 D $11.73 13,809 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Reporting Person elected to pay for a tax liability by withholding securities incident to the vesting of a security (i.e., restricted stock unit award) based on a market price of $11.73 and issued in accordance with Rule 16b-3
Remarks:
/s/ Jennifer L. Deacon, Power of Attorney 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did FVCB report on 06/23/2025?

EVP Alissa Curry Briggs had 253 common shares withheld to cover taxes on vested RSUs, coded as an F transaction.

At what price were the 253 FVCB shares valued?

The shares were valued at $11.73 each, as stated in the Form 4.

How many FVCB shares does Alissa Curry Briggs own after the transaction?

She holds 13,809 common shares directly following the withholding.

Was this Form 4 transaction part of a Rule 10b5-1 plan?

The filing does not indicate that the transaction was executed under a Rule 10b5-1 trading plan.

Does the share withholding signal a change in insider sentiment for FVCB?

No. Because it was a tax-related withholding (Code F), it is considered neutral regarding insider sentiment.