MVB executive reports RSU grants and tax withholding
MVB Financial Corp Chief Risk and Legal Officer Joseph Ryan Rodriguez reported compensation-related equity moves, not open-market trading.
Rhea-AI Filing Summary
MVB Financial Corp Chief Risk and Legal Officer Joseph Ryan Rodriguez reported compensation-related equity moves, not open-market trading. On May 1, 2026, he received time-based RSU awards of 4,781 and 3,978 units and exercised 1,616 RSUs into common stock. The company withheld 469 shares at $25.68 per share to cover tax obligations. Following these transactions, he directly holds 9,835 common shares, including 42 acquired through MVB's Dividend Reinvestment Plan, plus unvested RSUs under a three-year graded vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,616 shares exercised/converted
Exercise
5 txns
Insider
Rodriguez Joseph Ryan
Role
Chief Risk and Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSU - Time-Vested Award | 1,616 | $0.00 | $0.00 |
| Grant/Award | RSU - Time-Vested Award | 3,978 | $0.00 | $0.00 |
| Grant/Award | RSU - Time-Vested Award | 4,781 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,658 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 469 | $25.68 | $12K |
Holdings After Transaction:
RSU - Time-Vested Award — 11,991 contracts (Direct);
Common Stock — 9,835 shares (Direct)
Footnotes (4)
- F1. 1/3 of the time-based restricted stock units, granted May 1, 2025, have vested and shares are being issued.
- F2. This total includes 42 shares acquired through MVB's Dividend Reinvestment Plan.
- F3. 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.
- F4. RSUs awarded on May 1, 2026 that vest over a three-year period beginning on May 1, 2027.
Key Figures
Tax-withheld shares: 469 shares
Tax-withholding price: $25.68 per share
Common shares after transactions: 10,304 shares
+4 more
7 metrics
Tax-withheld shares
469 shares
Common stock withheld for taxes at $25.68 on May 1, 2026
Tax-withholding price
$25.68 per share
Price used for 469 tax-withheld shares
Common shares after transactions
10,304 shares
Direct common stock holdings following reported transactions
RSU grant 1
4,781 units
Time-vested RSU award granted May 1, 2026
RSU grant 2
3,978 units
Additional time-vested RSU award granted May 1, 2026
RSUs exercised
1,616 units
Time-based RSUs exercised into common stock on May 1, 2026
Dividend reinvestment shares
42 shares
Included within total common holdings via Dividend Reinvestment Plan
Key Terms
restricted stock units, Dividend Reinvestment Plan, 2022 Stock Incentive Plan, three-year graded vesting schedule, +2 more
6 terms
restricted stock units financial
"1/3 of the time-based restricted stock units, granted May 1, 2025, have vested"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Reinvestment Plan financial
"This total includes 42 shares acquired through MVB's Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
2022 Stock Incentive Plan financial
"The restricted units were granted pursuant to the 2022 Stock Incentive Plan"
three-year graded vesting schedule financial
"and have a three-year graded vesting schedule assuming continued employment"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
RSUs awarded financial
"RSUs awarded on May 1, 2026 that vest over a three-year period"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MVBF’s Chief Risk and Legal Officer report in this Form 4/A?
He reported equity compensation activity, including new RSU grants, RSU vesting, and tax-related share withholding. These transactions reflect routine compensation and tax mechanics, not open-market buying or selling of MVB Financial Corp (MVBF) stock.
How many MVB Financial Corp (MVBF) RSUs were granted to Joseph Ryan Rodriguez?
He received two time-based RSU awards of 4,781 and 3,978 units. These restricted stock units were granted under the 2022 Stock Incentive Plan and vest over three years, beginning May 1, 2027, assuming continued employment with MVB Financial Corp (MVBF).
What RSU vesting and exercises occurred in this MVBF Form 4/A?
One-third of prior time-based RSUs granted May 1, 2025 vested, leading to the exercise of 1,616 RSUs into common stock. This increased Joseph Ryan Rodriguez’s direct share ownership in MVB Financial Corp (MVBF) without involving open-market purchases.
Do these MVBF Form 4/A transactions indicate insider buying or selling?
No open-market buying or selling occurred. The filing reflects RSU grants, RSU vesting, derivative exercises, and tax-withholding dispositions. These are standard equity compensation events for an executive of MVB Financial Corp (MVBF).
AI-generated analysis. How Rhea-AI works. Not financial advice.
