MVB Financial director granted 2,652 RSUs
MVB Financial Corp director Richard James Cordella Jr received a grant of 2,652 time-vested restricted stock units.
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Rhea-AI Filing Summary
MVB Financial Corp director Richard James Cordella Jr received a grant of 2,652 time-vested restricted stock units. These RSUs, linked to 2,652 shares of common stock, were awarded at no exercise price under the company’s 2022 Stock Incentive Plan and will vest 100% on the first anniversary of the grant date. After this award, his reported derivative holdings in these RSUs total 2,652 units, reflecting a routine equity-based compensation grant rather than an open-market share purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSU - Time Vested Award | 2,652 | $0.00 | $0.00 |
Footnotes (1)
- F1. The time-vested restricted stock units were granted pursuant to the MVB Financial Corp. 2022 Stock Incentive Plan and will vest 100% on the first anniversary of the grant date.
Key Figures
Key Terms
RSU - Time Vested Award financial
restricted stock units financial
2022 Stock Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MVB Financial Corp (MVBF) disclose about Richard James Cordella Jr’s latest equity award?
How many restricted stock units did the MVBF director receive in this Form 4 filing?
When will Richard James Cordella Jr’s 2,652 MVBF RSUs vest?
Under which plan were the new MVBF restricted stock units granted?
What are the director’s RSU holdings after this MVBF equity grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.