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[Form 4] MVB Financial Corp. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

MVB Financial Corp. (MVBF) – Form 4 Insider Transaction

On 06/23/2025 director Richard James Cordella Jr. received an equity award of 3,701 time-vested restricted stock units (RSUs) under the company’s 2022 Stock Incentive Plan. The RSUs were reported as an "A" (acquisition) transaction at $0 cost; they will vest 100 % on the first anniversary of the grant date, 06/23/2026. Following the grant, the filing shows Cordella holds 3,701 derivative securities directly, with no indication of prior share ownership reported in this filing. No common-stock sales or purchases were disclosed.

Because RSUs convert into an equal number of common shares upon vesting, the grant represents a potential future issuance of 3,701 shares, a de minimis amount relative to MVBF’s 12 M+ outstanding shares. The filing is routine, reflecting standard director compensation and adding incremental equity alignment with shareholders.

MVB Financial Corp. (MVBF) – Transazione Insider Modulo 4

Il 23/06/2025 il direttore Richard James Cordella Jr. ha ricevuto un premio azionario di 3.701 unità di azioni ristrette (RSU) soggette a vincolo temporale nell’ambito del Piano di Incentivi Azionari 2022 della società. Le RSU sono state segnalate come una transazione "A" (acquisizione) a costo zero; matureranno per il 100% al primo anniversario della data di assegnazione, il 23/06/2026. Dopo l’assegnazione, il documento mostra che Cordella detiene 3.701 titoli derivati direttamente, senza indicazioni di possesso azionario precedente in questa comunicazione. Non sono state dichiarate vendite o acquisti di azioni ordinarie.

Poiché le RSU si convertono in un numero pari di azioni ordinarie al momento della maturazione, l’assegnazione rappresenta un’emissione potenziale futura di 3.701 azioni, una quantità trascurabile rispetto alle oltre 12 milioni di azioni in circolazione di MVBF. La comunicazione è di routine, riflettendo una compensazione standard per il direttore e incrementando l’allineamento azionario con gli azionisti.

MVB Financial Corp. (MVBF) – Transacción Interna Formulario 4

El 23/06/2025 el director Richard James Cordella Jr. recibió un premio en acciones de 3,701 unidades restringidas (RSU) sujetas a vencimiento temporal bajo el Plan de Incentivos de Acciones 2022 de la empresa. Las RSU se reportaron como una transacción "A" (adquisición) a costo cero; se consolidarán al 100% en el primer aniversario de la fecha de concesión, el 23/06/2026. Tras la concesión, el informe muestra que Cordella posee 3,701 valores derivados directamente, sin indicios de propiedad previa de acciones reportada en este documento. No se divulgaron ventas ni compras de acciones comunes.

Dado que las RSU se convierten en un número igual de acciones comunes al consolidarse, la concesión representa una posible emisión futura de 3,701 acciones, una cantidad mínima en relación con las más de 12 millones de acciones en circulación de MVBF. El informe es rutinario, reflejando una compensación estándar para el director y aumentando la alineación accionaria con los accionistas.

MVB Financial Corp. (MVBF) – 내부자 거래 Form 4

2025년 6월 23일, 이사 Richard James Cordella Jr.는 회사의 2022년 주식 인센티브 계획에 따라 3,701개의 시간 조건부 제한 주식 단위(RSU)를 받았습니다. RSU는 0원 비용의 "A"(취득) 거래로 보고되었으며, 부여일인 2025년 6월 23일로부터 1년 후인 2026년 6월 23일에 100% 베스팅됩니다. 부여 후 보고서에 따르면 Cordella는 3,701개의 파생 증권을 직접 보유하고 있으며, 이전 주식 보유 내역은 이번 보고서에 나타나지 않습니다. 보통주 매매 내역은 공개되지 않았습니다.

RSU는 베스팅 시 동일한 수량의 보통주로 전환되므로, 이번 부여는 MVBF의 1,200만 주 이상의 발행 주식에 비해 미미한 3,701주의 잠재적 미래 발행을 의미합니다. 이번 보고는 이사의 표준 보상으로서 일상적이며, 주주와의 지분 정렬을 소폭 강화합니다.

MVB Financial Corp. (MVBF) – Transaction d’initié Formulaire 4

Le 23/06/2025, le directeur Richard James Cordella Jr. a reçu une attribution d’actions restreintes avec acquisition progressive (RSU) de 3 701 unités dans le cadre du Plan d’Incitation en Actions 2022 de la société. Les RSU ont été déclarées comme une transaction "A" (acquisition) à coût nul ; elles seront entièrement acquises (100 %) à la date anniversaire de leur attribution, le 23/06/2026. Suite à cette attribution, le document indique que Cordella détient 3 701 titres dérivés directement, sans indication de détention d’actions antérieure dans cette déclaration. Aucune vente ou achat d’actions ordinaires n’a été divulgué.

Étant donné que les RSU se convertissent en un nombre égal d’actions ordinaires lors de leur acquisition, cette attribution représente une émission potentielle future de 3 701 actions, un montant négligeable par rapport aux plus de 12 millions d’actions en circulation de MVBF. Cette déclaration est routinière, reflétant une rémunération standard pour le directeur et renforçant légèrement l’alignement des intérêts avec les actionnaires.

MVB Financial Corp. (MVBF) – Insider-Transaktion Formular 4

Am 23.06.2025 erhielt Direktor Richard James Cordella Jr. eine Aktienauszeichnung von 3.701 zeitlich gebundenen Restricted Stock Units (RSUs) im Rahmen des Aktienanreizplans 2022 des Unternehmens. Die RSUs wurden als "A" (Erwerb)-Transaktion zu null Kosten gemeldet; sie werden zu 100 % am ersten Jahrestag des Gewährungsdatums, dem 23.06.2026, vesten. Nach der Gewährung zeigt die Meldung, dass Cordella 3.701 derivative Wertpapiere direkt hält, ohne Hinweise auf vorherigen Aktienbesitz in dieser Meldung. Es wurden keine Käufe oder Verkäufe von Stammaktien offengelegt.

Da RSUs bei Vesting in eine gleiche Anzahl von Stammaktien umgewandelt werden, stellt die Gewährung eine potenzielle zukünftige Ausgabe von 3.701 Aktien dar, eine vernachlässigbare Menge im Verhältnis zu den über 12 Millionen ausstehenden MVBF-Aktien. Die Meldung ist routinemäßig und spiegelt eine standardmäßige Vergütung des Direktors wider sowie eine zusätzliche Angleichung der Aktieninteressen mit den Aktionären.

Positive
  • Equity alignment: RSU grant ties director compensation to shareholder value without immediate cash outlay.
  • No insider selling: Filing contains no dispositions, avoiding negative signal.
Negative
  • Share dilution, albeit minimal: 3,701 new shares will be issued upon vesting, marginally increasing share count.

Insights

TL;DR: Routine RSU grant to director; negligible dilution, modest alignment.

The Form 4 discloses a single equity award—3,701 RSUs—to director Richard James Cordella Jr. at no cost. With MVBF’s share count above 12 million, the grant equates to roughly 0.03 % potential dilution, immaterial to valuation. It signals continued use of equity for director compensation, which aligns incentives but does not alter governance or capital structure meaningfully. No purchases, sales, or option exercises occurred, so the filing offers limited insight into insider sentiment. Overall impact on investors is neutral.

MVB Financial Corp. (MVBF) – Transazione Insider Modulo 4

Il 23/06/2025 il direttore Richard James Cordella Jr. ha ricevuto un premio azionario di 3.701 unità di azioni ristrette (RSU) soggette a vincolo temporale nell’ambito del Piano di Incentivi Azionari 2022 della società. Le RSU sono state segnalate come una transazione "A" (acquisizione) a costo zero; matureranno per il 100% al primo anniversario della data di assegnazione, il 23/06/2026. Dopo l’assegnazione, il documento mostra che Cordella detiene 3.701 titoli derivati direttamente, senza indicazioni di possesso azionario precedente in questa comunicazione. Non sono state dichiarate vendite o acquisti di azioni ordinarie.

Poiché le RSU si convertono in un numero pari di azioni ordinarie al momento della maturazione, l’assegnazione rappresenta un’emissione potenziale futura di 3.701 azioni, una quantità trascurabile rispetto alle oltre 12 milioni di azioni in circolazione di MVBF. La comunicazione è di routine, riflettendo una compensazione standard per il direttore e incrementando l’allineamento azionario con gli azionisti.

MVB Financial Corp. (MVBF) – Transacción Interna Formulario 4

El 23/06/2025 el director Richard James Cordella Jr. recibió un premio en acciones de 3,701 unidades restringidas (RSU) sujetas a vencimiento temporal bajo el Plan de Incentivos de Acciones 2022 de la empresa. Las RSU se reportaron como una transacción "A" (adquisición) a costo cero; se consolidarán al 100% en el primer aniversario de la fecha de concesión, el 23/06/2026. Tras la concesión, el informe muestra que Cordella posee 3,701 valores derivados directamente, sin indicios de propiedad previa de acciones reportada en este documento. No se divulgaron ventas ni compras de acciones comunes.

Dado que las RSU se convierten en un número igual de acciones comunes al consolidarse, la concesión representa una posible emisión futura de 3,701 acciones, una cantidad mínima en relación con las más de 12 millones de acciones en circulación de MVBF. El informe es rutinario, reflejando una compensación estándar para el director y aumentando la alineación accionaria con los accionistas.

MVB Financial Corp. (MVBF) – 내부자 거래 Form 4

2025년 6월 23일, 이사 Richard James Cordella Jr.는 회사의 2022년 주식 인센티브 계획에 따라 3,701개의 시간 조건부 제한 주식 단위(RSU)를 받았습니다. RSU는 0원 비용의 "A"(취득) 거래로 보고되었으며, 부여일인 2025년 6월 23일로부터 1년 후인 2026년 6월 23일에 100% 베스팅됩니다. 부여 후 보고서에 따르면 Cordella는 3,701개의 파생 증권을 직접 보유하고 있으며, 이전 주식 보유 내역은 이번 보고서에 나타나지 않습니다. 보통주 매매 내역은 공개되지 않았습니다.

RSU는 베스팅 시 동일한 수량의 보통주로 전환되므로, 이번 부여는 MVBF의 1,200만 주 이상의 발행 주식에 비해 미미한 3,701주의 잠재적 미래 발행을 의미합니다. 이번 보고는 이사의 표준 보상으로서 일상적이며, 주주와의 지분 정렬을 소폭 강화합니다.

MVB Financial Corp. (MVBF) – Transaction d’initié Formulaire 4

Le 23/06/2025, le directeur Richard James Cordella Jr. a reçu une attribution d’actions restreintes avec acquisition progressive (RSU) de 3 701 unités dans le cadre du Plan d’Incitation en Actions 2022 de la société. Les RSU ont été déclarées comme une transaction "A" (acquisition) à coût nul ; elles seront entièrement acquises (100 %) à la date anniversaire de leur attribution, le 23/06/2026. Suite à cette attribution, le document indique que Cordella détient 3 701 titres dérivés directement, sans indication de détention d’actions antérieure dans cette déclaration. Aucune vente ou achat d’actions ordinaires n’a été divulgué.

Étant donné que les RSU se convertissent en un nombre égal d’actions ordinaires lors de leur acquisition, cette attribution représente une émission potentielle future de 3 701 actions, un montant négligeable par rapport aux plus de 12 millions d’actions en circulation de MVBF. Cette déclaration est routinière, reflétant une rémunération standard pour le directeur et renforçant légèrement l’alignement des intérêts avec les actionnaires.

MVB Financial Corp. (MVBF) – Insider-Transaktion Formular 4

Am 23.06.2025 erhielt Direktor Richard James Cordella Jr. eine Aktienauszeichnung von 3.701 zeitlich gebundenen Restricted Stock Units (RSUs) im Rahmen des Aktienanreizplans 2022 des Unternehmens. Die RSUs wurden als "A" (Erwerb)-Transaktion zu null Kosten gemeldet; sie werden zu 100 % am ersten Jahrestag des Gewährungsdatums, dem 23.06.2026, vesten. Nach der Gewährung zeigt die Meldung, dass Cordella 3.701 derivative Wertpapiere direkt hält, ohne Hinweise auf vorherigen Aktienbesitz in dieser Meldung. Es wurden keine Käufe oder Verkäufe von Stammaktien offengelegt.

Da RSUs bei Vesting in eine gleiche Anzahl von Stammaktien umgewandelt werden, stellt die Gewährung eine potenzielle zukünftige Ausgabe von 3.701 Aktien dar, eine vernachlässigbare Menge im Verhältnis zu den über 12 Millionen ausstehenden MVBF-Aktien. Die Meldung ist routinemäßig und spiegelt eine standardmäßige Vergütung des Direktors wider sowie eine zusätzliche Angleichung der Aktieninteressen mit den Aktionären.

SEC Form 4
FORM 4 UNITED 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*
Cordella Richard James JR

(Last) (First) (Middle)
16 BLUE RIBBON DR.

(Street)
WESTPORT CT 06880

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MVB FINANCIAL CORP [ MVBF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RSU - Time Vested Award $0 06/23/2025 06/23/2025 A 3,701 06/23/2026 (1) Common Stock 3,701 $0 3,701 D
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 by POA from Richard James Cordella, Jr. 06/25/2025
** Signature of Reporting Person Date
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.

FAQ

What did MVBF disclose in the 06/25/2025 Form 4?

Director Richard J. Cordella Jr. was granted 3,701 RSUs at $0 cost on 06/23/2025.

When will the 3,701 RSUs granted to the MVBF director vest?

The RSUs vest 100 % on 06/23/2026, one year after the grant date.

Does the filing show any insider sales of MVBF stock?

No. The Form 4 lists only an acquisition of RSUs; there were no dispositions.

How much potential dilution do the RSUs represent for MVBF shareholders?

Approximately 0.03 % of the company’s >12 million shares outstanding, considered immaterial.

Is this RSU award part of a pre-arranged 10b5-1 plan?

The filing does not indicate that the transaction was executed under Rule 10b5-1.
Mvb Finl Corp

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