STOCK TITAN

MVB Financial (MVBF) CFO awarded 3,825 RSUs under incentive plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Sumbs Michael Robert reported acquisition or exercise transactions in this Form 4 filing.

MVB Financial Corp Chief Financial Officer Michael Robert Sumbs reported a grant of restricted stock units (RSUs) covering 3,825 shares of common stock. The award was granted under the 2022 Stock Incentive Plan at no purchase price.

The footnotes state these restricted units follow a three-year graded vesting schedule, assuming continued employment with the company, with RSUs awarded on May 1, 2026 vesting over a three-year period beginning on May 1, 2027. Following the reported award, Sumbs is shown as directly holding 3,825 RSUs.

Positive

  • None.

Negative

  • None.
Insider Sumbs Michael Robert
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award RSU - Time-Vested Award 3,825 $0.00 --
Grant/Award RSU - Time-Vested Award 3,825 $0.00 --
Holdings After Transaction: RSU - Time-Vested Award — 3,825 shares (Direct, null)
Footnotes (1)
  1. The restricted units were granted pursuant to the 2022 Stock Incentive Plan and have a three-year graded vesting schedule assuming continued employment with the Company. RSUs awarded on May 1, 2026 that vest over a three-year period beginning on May 1, 2027.
RSUs granted 3,825 units Restricted stock units granted to CFO Michael Robert Sumbs
Underlying shares 3,825 shares Common stock underlying the RSU award
Grant price $0.00 per unit RSU grant under compensation plan, no purchase price
Vesting start date May 1, 2027 Three-year graded vesting begins on this date
RSU - Time-Vested Award financial
"security_title: RSU - Time-Vested Award"
restricted units financial
"The restricted units were granted pursuant to the 2022 Stock Incentive Plan"
2022 Stock Incentive Plan financial
"granted pursuant to the 2022 Stock Incentive Plan and have a three-year graded vesting schedule"
three-year graded vesting schedule financial
"have a three-year graded vesting schedule assuming continued employment with the Company"
restricted stock units (RSUs) financial
"RSUs awarded on May 1, 2026 that vest over a three-year period"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
SEC Form 4
FORM 4UNITED 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*
Sumbs Michael Robert

(Last)(First)(Middle)
408 HILLANDALE DR.

(Street)
RALEIGH NORTH CAROLINA 27609

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MVB FINANCIAL CORP [ MVBF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
05/05/2026
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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
RSU - Time-Vested Award$005/01/202605/01/2026A3,82505/01/2027 (1)Common Stock3,825$03,825D
RSU - Time-Vested Award$005/01/202605/01/2026A3,82505/01/2027 (2)Common Stock3,825$03,825D
Explanation of Responses:
1. The restricted units were granted pursuant to the 2022 Stock Incentive Plan and have a three-year graded vesting schedule assuming continued employment with the Company.
2. RSUs awarded on May 1, 2026 that vest over a three-year period beginning on May 1, 2027.
Remarks:
Lisa J. McCormick, by POA from Michael Robert Sumbs05/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MVB Financial (MVBF) report for its CFO?

MVB Financial reported that CFO Michael Robert Sumbs received a grant of 3,825 restricted stock units. These RSUs represent a compensation award tied to the company’s common stock rather than an open-market purchase or sale of shares.

How many RSUs did the MVB Financial (MVBF) CFO receive in this Form 4/A?

The filing shows a grant of 3,825 restricted stock units to the CFO. Each RSU corresponds to one share of MVB Financial common stock, subject to vesting conditions and continued employment with the company over the stated period.

What is the vesting schedule for the MVB Financial (MVBF) CFO’s RSU award?

The restricted units vest on a three-year graded schedule beginning May 1, 2027. Vesting is conditioned on the CFO’s continued employment with MVB Financial, aligning his compensation with long-term company performance over that period.

Under which plan were the MVB Financial (MVBF) CFO’s RSUs granted?

The RSUs were granted under MVB Financial’s 2022 Stock Incentive Plan. This plan provides equity-based awards, such as restricted stock units, to align key employees’ compensation with shareholder interests through long-term stock-based incentives.

Did the MVB Financial (MVBF) CFO buy or sell shares in the market in this filing?

No open-market buys or sells are reported. The Form 4/A shows a compensation-related grant of restricted stock units at no purchase price, which will convert into shares only as they vest over the disclosed schedule.