FVCBankcorp (FVCB) grants EVP 7,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FVCBankcorp, Inc. executive Alissa Curry Briggs, EVP and Chief Lending Officer, received a grant of 7,000 shares of Common Stock as a restricted stock unit award. The award was granted at $0.00 per share 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 acquisition, she directly holds 20,404 shares of FVCBankcorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Curry Briggs Alissa
Role
EVP, Chief Lending Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,404 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 7,000 shares
Grant price: $0.00 per share
Post-award holdings: 20,404 shares
+1 more
4 metrics
RSU grant size
7,000 shares
Restricted stock unit award of Common Stock
Grant price
$0.00 per share
Stock-based compensation, no cash paid
Post-award holdings
20,404 shares
Direct holdings after the reported transaction
Vesting period
4 years
Equal annual installments, first on grant anniversary
Key Terms
restricted stock unit awards, equal annual installments, beneficial ownership
3 terms
restricted stock unit awards financial
"7,000 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.
equal annual installments financial
"The awards will vest in equal annual installments over four years"
beneficial ownership financial
"total_shares_following_transaction shows resulting beneficial holdings"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did FVCBankcorp (FVCB) report in this Form 4 filing?
FVCBankcorp reported that EVP and Chief Lending Officer Alissa Curry Briggs received a grant of 7,000 shares of common stock as a restricted stock unit award, vesting over four years, bringing her direct holdings to 20,404 shares after the award.
What is the vesting schedule for the 7,000 FVCBankcorp (FVCB) RSUs?
The 7,000 restricted stock unit awards will vest in equal annual installments over four years. The first installment vests on the anniversary of the grant date, providing a multi-year incentive for continued service and performance at FVCBankcorp.
What are Alissa Curry Briggs’ FVCBankcorp (FVCB) holdings after this transaction?
After the award, Alissa Curry Briggs directly holds 20,404 shares of FVCBankcorp common stock. This total includes the 7,000-share restricted stock unit grant reported in the filing, which will become fully vested over a four-year period.