FVCBankcorp (FVCB) director Gunn L. Burwell awarded 2,000 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gunn L. Burwell reported acquisition or exercise transactions in this Form 4 filing.
FVCBankcorp, Inc. director Gunn L. Burwell received an award tied to 2,000 shares of Common Stock in the form of restricted stock unit (RSU) awards. These RSUs will vest in equal annual installments over four years, with the first tranche vesting on the anniversary of the grant. Following this grant, Burwell directly holds 77,104 shares of FVCBankcorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gunn L. Burwell
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 77,104 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,000 shares
Post-transaction holdings: 77,104 shares
Vesting period: 4 years
+2 more
5 metrics
RSU grant size
2,000 shares
Restricted stock unit awards tied to Common Stock
Post-transaction holdings
77,104 shares
Total Common Stock held directly after grant
Vesting period
4 years
RSUs vest in equal annual installments
Grant vesting start
Anniversary of grant
First RSU installment vests on grant anniversary
Transaction price per share
$0.0000
Equity grant, not market purchase
Key Terms
restricted stock unit awards, vest in equal annual installments, Form 4, Grant, award, or other acquisition
4 terms
restricted stock unit awards financial
"2,000 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"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did FVCBankcorp (FVCB) report for Gunn L. Burwell?
FVCBankcorp reported that director Gunn L. Burwell received an award linked to 2,000 shares of Common Stock as restricted stock unit (RSU) awards. This is a compensation-related equity grant rather than an open-market purchase or sale of shares.
How do the 2,000 FVCBankcorp (FVCB) RSUs granted to Gunn L. Burwell vest?
The 2,000 restricted stock unit awards to Gunn L. Burwell vest in equal annual installments over four years. The first installment vests on the anniversary of the grant date, with remaining installments vesting annually thereafter under the described schedule.
Was the FVCBankcorp (FVCB) Form 4 transaction a market buy or sell?
The Form 4 transaction for Gunn L. Burwell was a grant or award acquisition, coded “A”, not an open-market buy or sell. It reflects equity compensation in the form of 2,000 RSUs rather than a discretionary stock market transaction.
What type of security did Gunn L. Burwell receive from FVCBankcorp (FVCB)?
Gunn L. Burwell received restricted stock unit awards tied to FVCBankcorp Common Stock. The award covers 2,000 shares issuable upon vesting, with the RSUs vesting in four equal annual installments starting on the grant’s anniversary date.