FVCBankcorp director granted 2,000 restricted shares
FVCBankcorp, Inc. director Sidney G. Simmonds received an award of 2,000 shares of Common Stock in the form of restricted stock units, characterized as a grant or other acquisition with no cash price per share.
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Rhea-AI Filing Summary
FVCBankcorp, Inc. director Sidney G. Simmonds received an award of 2,000 shares of Common Stock in the form of restricted stock units, characterized as a grant or other acquisition with no cash price per share. These 2,000 shares are issuable upon vesting and will vest in equal annual installments over four years, with the first installment vesting on the anniversary of the grant. Following this compensation-related award, Simmonds directly holds 93,201 shares of Common Stock.
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
vesting financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FVCB director Sidney G. Simmonds report in this Form 4 filing?
How do the FVCB restricted stock units awarded to Simmonds vest over time?
Does Sidney G. Simmonds pay anything for the 2,000 FVCB restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.