STOCK TITAN

MVB Financial (NASDAQ: MVBF) director receives 2,652 RSU equity award

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

Rhea-AI Filing Summary

MVB Financial Corp director Adam Francis Famularo received a new equity grant. He was awarded 2,652 time-vested restricted stock units (RSUs) linked to MVB Financial Corp common stock. These RSUs were granted at no cash cost under the company’s 2022 Stock Incentive Plan.

The RSUs will vest 100% on the first anniversary of the grant date, meaning the award must be held for one year before it converts into shares of common stock. Following this grant, Famularo’s reported derivative holdings from this award total 2,652 RSUs.

Positive

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Insider Famularo Adam Francis
Role null
Type Security Shares Price Value
Grant/Award RSU - Time Vested Award 2,652 $0.00 --
Holdings After Transaction: RSU - Time Vested Award — 2,652 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 2,652 units Time-vested award to director on grant date
Underlying common stock 2,652 shares Common stock underlying granted RSUs
Holdings after transaction 2,652 RSUs Total derivative holdings from this award following grant
restricted stock units financial
"The time-vested restricted stock units were granted pursuant to the MVB Financial Corp. 2022 Stock Incentive Plan"
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.
time-vested financial
"The time-vested restricted stock units were granted pursuant to the MVB Financial Corp. 2022 Stock Incentive Plan"
Time-vested describes a right—such as stock options, restricted shares, or pension benefits—that becomes fully owned by an individual only after they have waited for or worked through a specified period. For investors, it matters because these delayed ownership rules affect when insiders or employees can sell shares, which influences share supply, executive incentives, and the timing of potential stock dilution or insider-driven stock sales.
2022 Stock Incentive Plan financial
"were granted pursuant to the MVB Financial Corp. 2022 Stock Incentive Plan and will vest 100% on the first anniversary"
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.
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Learn about SEC filing dates
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*
Famularo Adam Francis

(Last)(First)(Middle)
110 WETHERILL ROAD

(Street)
GARDEN CITY NEW YORK 11530

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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)

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$007/01/202607/01/2026A2,65207/01/2027 (1)Common Stock2,652$02,652D
Explanation of Responses:
1. 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.
Remarks:
Lisa J. McCormick POA for Adam Francis Famularo07/02/2026
** 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 did MVB Financial Corp (MVBF) director Adam Famularo report on this Form 4?

Adam Francis Famularo reported receiving 2,652 restricted stock units as an equity award. These time-vested RSUs are tied to MVB Financial Corp common stock and represent compensation, not an open-market stock purchase or sale.

How many MVB Financial Corp (MVBF) RSUs were granted to Adam Famularo?

He received an award of 2,652 restricted stock units. Each RSU represents a right to receive one share of MVB Financial Corp common stock, subject to vesting conditions described in the company’s 2022 Stock Incentive Plan and the grant terms.

When do Adam Famularo’s MVB Financial (MVBF) restricted stock units vest?

The time-vested restricted stock units will vest 100% on the first anniversary of the grant date. After this one-year vesting period, the RSUs convert into shares of common stock, assuming all vesting conditions are satisfied.

Is Adam Famularo buying or selling MVB Financial Corp (MVBF) stock in this Form 4?

This Form 4 shows an acquisition through a grant, not a market trade. The transaction code “A” reflects a grant or award of 2,652 restricted stock units as compensation, rather than an open-market purchase or sale of existing shares.

What plan governs Adam Famularo’s RSU grant from MVB Financial Corp (MVBF)?

The RSU grant was made under the MVB Financial Corp 2022 Stock Incentive Plan. This plan provides the framework for equity-based awards such as restricted stock units, including vesting schedules and other key terms applicable to the grant.