FVCBankcorp (FVCB) awards 3,000 restricted stock units to EVP Sharon Jackson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jackson Sharon L. reported acquisition or exercise transactions in this Form 4 filing.
FVCBankcorp, Inc. reported that EVP and Chief Banking Officer Sharon L. Jackson received a grant of 3,000 shares of Common Stock through restricted stock unit awards. These RSUs will vest in equal annual installments over four years, starting on the anniversary of the grant.
After this compensation-related award, Jackson directly holds 25,830 shares of FVCBankcorp Common Stock. Because the shares were granted at a stated price of $0.00 per share, this is an equity incentive grant, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jackson Sharon L.
Role
EVP, Chief Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,830 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 3,000 shares
Grant price: $0.00 per share
Post-grant holdings: 25,830 shares
+1 more
4 metrics
RSU grant size
3,000 shares
Restricted stock unit awards granted to EVP Sharon L. Jackson
Grant price
$0.00 per share
Stated transaction price for RSU grant
Post-grant holdings
25,830 shares
Total FVCBankcorp Common Stock held directly after transaction
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
3 terms
restricted stock unit awards financial
"3,000 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.
FAQ
What insider transaction did FVCBankcorp (FVCB) report for Sharon L. Jackson?
FVCBankcorp reported that EVP and Chief Banking Officer Sharon L. Jackson received 3,000 shares of Common Stock via restricted stock unit awards. This is a compensation grant, not an open-market purchase, and is reflected as an acquisition in the Form 4 filing.
How do the 3,000 RSUs granted to FVCB executive Sharon L. Jackson vest?
The 3,000 restricted stock unit awards granted to Sharon L. Jackson vest in equal annual installments over four years. The first installment vests on the anniversary of the grant date, with additional installments vesting on each subsequent anniversary.
What does the Form 4 transaction code 'A' mean in FVCB’s filing for Sharon L. Jackson?
In this Form 4, transaction code “A” indicates a grant, award, or other acquisition of securities. For Sharon L. Jackson, it reflects the award of 3,000 restricted stock unit shares of FVCBankcorp Common Stock as part of her executive compensation.