FVCBankcorp director granted 2,000 RSU-linked shares
SCHWARTZ LAWRENCE W reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SCHWARTZ LAWRENCE W reported acquisition or exercise transactions in this Form 4 filing.
FVCBankcorp, Inc. director Lawrence W. Schwartz reported an award of 2,000 shares of Common Stock on a grant basis. According to the footnote, these 2,000 shares are issuable upon vesting of restricted stock unit awards that vest in equal annual installments over four years, starting on the anniversary of the grant. Following this award, his reported direct holdings total 18,276 shares of Common Stock, reflecting a routine equity-based compensation grant rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 2,000 shares issuable upon vesting of restricted stock unit awards. The awards will vest in equal annual installments over four years with the first installment vesting on the anniversary of the grant.
Key Figures
Key Terms
restricted stock unit awards financial
vest in equal annual installments financial
grant, award, or other acquisition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FVCB director Lawrence W. Schwartz report?
How will the 2,000 FVCB restricted stock unit awards for Lawrence W. Schwartz vest?
What are Lawrence W. Schwartz’s reported FVCB holdings after this Form 4 transaction?
What does the Form 4 code “A” mean for this FVCB insider transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.