FVCBankcorp officer receives 9,000-share RSU grant
Nassy Michael G. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Nassy Michael G. reported acquisition or exercise transactions in this Form 4 filing.
FVCBankcorp, Inc. senior executive Michael G. Nassy, Sr EVP and Chief Credit Officer, reported an equity compensation grant tied to the company’s common stock. He received 9,000 shares issuable through restricted stock unit awards, granted at no cash cost per share.
The 9,000 restricted stock units will vest in equal annual installments over four years, with the first installment vesting on the anniversary of the grant date. After this award, Nassy directly holds 63,365 shares of FVCBankcorp common stock, highlighting equity-based incentives aligned with the company’s long-term performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 9,000 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 financial
equal annual installments financial
grant, award, or other acquisition regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FVCBankcorp (FVCB) report for Michael G. Nassy?
How will the 9,000 FVCBankcorp restricted stock units granted to Nassy vest?
What role does Michael G. Nassy hold at FVCBankcorp (FVCB)?
AI-generated analysis. How Rhea-AI works. Not financial advice.