MVB Financial (MVBF) director awarded 2,652 time-vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ebert John W reported acquisition or exercise transactions in this Form 4 filing.
MVB Financial Corp reported that director John W. Ebert received a grant of 2,652 time-vested restricted stock units (RSUs) linked to the company’s common stock. The RSUs were granted at a price of $0.00 per unit as equity compensation, not an open-market purchase.
The award was issued under the MVB Financial Corp. 2022 Stock Incentive Plan and will vest 100% on the first anniversary of the grant date, which is stated as July 1, 2027. Following this grant, Ebert’s reported derivative holdings related to these RSUs total 2,652 units, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ebert John W
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)
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Key Figures
RSUs granted: 2,652 units
Transaction price per RSU: $0.00 per unit
Total derivative holdings after grant: 2,652 units
+1 more
4 metrics
RSUs granted
2,652 units
Time-vested RSU award to director John W. Ebert
Transaction price per RSU
$0.00 per unit
Grant/award acquisition, not open-market purchase
Total derivative holdings after grant
2,652 units
RSUs related to MVB Financial common stock
Underlying common shares
2,652 shares
Shares of common stock underlying granted RSUs
Key Terms
restricted stock units, time-vested, 2022 Stock Incentive Plan, Form 4
4 terms
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): { "issuerName": "MVB FINANCIAL CORP""
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.
FAQ
What insider transaction did MVB Financial Corp (MVBF) report in this Form 4?
MVB Financial Corp reported that director John W. Ebert received 2,652 time-vested restricted stock units. These RSUs are a stock-based compensation award, not an open-market share purchase, and relate to the company’s common stock under its 2022 Stock Incentive Plan.
How many restricted stock units were granted to the MVB Financial (MVBF) director?
John W. Ebert was granted 2,652 restricted stock units. Each RSU represents a right to receive one share of MVB Financial common stock, subject to vesting conditions defined in the company’s 2022 Stock Incentive Plan and the award agreement.
When will the 2,652 RSUs granted at MVB Financial (MVBF) vest?
The 2,652 time-vested restricted stock units will vest 100% on the first anniversary of the grant date. The filing specifies a vesting date of July 1, 2027, meaning all units become fully vested simultaneously at that time.
Was the MVB Financial (MVBF) RSU grant to the director an open-market stock purchase?
No, the RSU grant was not an open-market purchase. It is a stock-based compensation award with a transaction price of $0.00 per unit, issued under the MVB Financial Corp. 2022 Stock Incentive Plan, and vests based on time rather than trading activity.
How many derivative securities does the MVB Financial (MVBF) director hold after this RSU award?
After the grant, John W. Ebert is reported to hold 2,652 derivative securities in the form of restricted stock units. These RSUs correspond to 2,652 underlying shares of MVB Financial common stock, subject to the specified vesting schedule and plan terms.