[Form 4] FVCBankcorp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

FVCBankcorp, Inc. (FVCB) – SEC Form 4 filing dated 06/24/2025

Chairman & CEO David W. Pijor reported a code “F” transaction on 06/23/2025, reflecting the withholding of 844 common shares to satisfy tax obligations arising from the vesting of a restricted-stock unit award. The shares were valued at $11.73 per share, implying a tax-related cash value of roughly $9,900.

Following the transaction, the executive’s direct beneficial ownership stands at 512,435 common shares. No derivative securities were acquired or disposed of, and there is no indication of a Rule 10b5-1 trading plan. The filing is routine, involves less than 0.2 % of Mr. Pijor’s reported holdings, and does not signal a strategic change in ownership.

Positive

• None.

Negative

• Insider disposal of 844 shares, albeit solely for tax withholding purposes and immaterial in size.

Insights

Securities Analyst

TL;DR: Small tax-related share withholding; immaterial to FVCB valuation.

The Form 4 shows an administrative disposal of 844 shares (< $10k) by the CEO to cover taxes on vested RSUs. The executive still controls over half a million shares, so alignment of interests remains intact. Because the transaction is non-open-market and de minimis relative to daily trading volume and insider holdings, it carries neutral signalling value and is unlikely to affect stock performance.

Corporate Governance Specialist

TL;DR: Routine RSU tax withholding; governance risk unchanged.

Code “F” transactions are considered passive; they neither reflect discretionary selling nor raise red flags. Beneficial ownership stays above 500k shares, supporting continued managerial stake. No redirection of control or unusual patterns emerge. Consequently, the disclosure is not impactful from a governance-watch perspective.

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^*

PIJOR DAVID W

(Last) (First) (Middle)

11325 RANDOM HILLS RD, 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman & CEO

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)		844	D	$11.73	512,435	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

How many FVCB shares did CEO David Pijor dispose of on 06/23/2025?

He disposed of 844 common shares.

What was the implied price per share in the Form 4 filing?

The transaction used a market price of $11.73 per share.

What is David Pijor’s total direct ownership after the transaction?

He directly owns 512,435 FVCB shares following the withholding.

Why were the shares disposed of according to the filing?

The shares were withheld to cover tax liabilities triggered by RSU vesting (Code “F”).

Does the Form 4 mention a Rule 10b5-1 trading plan?

No, the filing does not indicate that the transaction was executed under a Rule 10b5-1 plan.