Director Lawrence W. Schwartz receives 2,000 FVCB (NASDAQ: FVCB) RSU shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHWARTZ LAWRENCE W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,276 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU-linked shares granted: 2,000 shares
Holdings after transaction: 18,276 shares
Vesting schedule: 4 years
3 metrics
RSU-linked shares granted
2,000 shares
Restricted stock unit awards, grant on 2026-04-22
Holdings after transaction
18,276 shares
Total direct Common Stock holdings following grant
Vesting schedule
4 years
Equal annual installments, first on grant anniversary
Key Terms
restricted stock unit awards, vest in equal annual installments, grant, award, or other acquisition, Common Stock
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"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
FAQ
What insider transaction did FVCB director Lawrence W. Schwartz report?
Lawrence W. Schwartz reported receiving 2,000 shares of FVCBankcorp Common Stock as a grant tied to restricted stock unit awards. These shares are not immediately fully available but will be issued over time as the units vest according to the award schedule.
How will the 2,000 FVCB restricted stock unit awards for Lawrence W. Schwartz vest?
The 2,000 shares linked to restricted stock unit awards will vest in equal annual installments over four years. The first installment vests on the anniversary of the grant date, spreading delivery of the shares across the full vesting period rather than all at once.
What are Lawrence W. Schwartz’s reported FVCB holdings after this Form 4 transaction?
After this compensation-related grant, Lawrence W. Schwartz’s reported direct holdings total 18,276 shares of FVCBankcorp Common Stock. This figure reflects his position immediately following the award as disclosed, providing context for the scale of the 2,000-share restricted stock unit grant.
What does the Form 4 code “A” mean for this FVCB insider transaction?
The “A” transaction code on the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects a compensation-related grant of 2,000 shares tied to restricted stock unit awards for director Lawrence W. Schwartz, instead of a cash purchase.