MVB Financial director receives 4,001 RSU shares

MVB Financial Corp director Cheryl Spielman reported acquiring common stock through the vesting of restricted stock units.

Rhea-AI Filing Summary

MVB Financial Corp director Cheryl Spielman reported acquiring common stock through the vesting of restricted stock units. On June 1, 2026, 3,902 time-vested RSUs granted on June 1, 2025 vested and were converted into common shares, plus 99 dividend equivalent shares, for a total of 4,001 common shares issued at no cash exercise price. Following these transactions, she directly holds 33,674 shares of MVB Financial Corp common stock, with no remaining balance from this RSU award. The activity reflects compensation-related equity vesting rather than open-market buying or selling.

Insider Trade Summary

3,902 shares exercised/converted

Exercise 2 txns

Insider Spielman Cheryl

Role Director

Type	Security	Shares	Price	Value
Exercise	RSU - Time-Vested Award	3,902	$0.00	$0.00
Exercise	Common Stock	4,001	$0.00	$0.00

Holdings After Transaction: RSU - Time-Vested Award — 0 contracts (Direct); Common Stock — 33,674 shares (Direct)

Footnotes (3)

1. F1. 100% of the restricted stock units, granted June 1, 2025, have vested and shares are being issued.
2. F2. Includes 99 dividend equivalent shares accrued since the time of grant.
3. F3. 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

RSU shares vested: 3,902 shares Dividend equivalent shares: 99 shares Total new common shares issued: 4,001 shares +2 more

5 metrics

RSU shares vested 3,902 shares Time-vested RSUs granted June 1, 2025 vested on June 1, 2026

Dividend equivalent shares 99 shares Accrued since RSU grant and issued upon vesting

Total new common shares issued 4,001 shares RSU vesting plus dividend equivalents on June 1, 2026

Shares held after transaction 33,674 shares Director Cheryl Spielman’s direct common stock ownership post-vesting

Exercise price per RSU $0.00 per share RSUs settled into common stock without cash exercise

Key Terms

restricted stock units, dividend equivalent shares, time-vested restricted stock units, 2022 Stock Incentive Plan

4 terms

restricted stock units financial

"100% of the restricted stock units, granted June 1, 2025, have vested and shares are being issued."

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 equivalent shares financial

"Includes 99 dividend equivalent shares accrued since the time of grant."

time-vested restricted stock units financial

"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."

2022 Stock Incentive Plan financial

"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."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MVB Financial Corp (MVBF) director Cheryl Spielman report?

Director Cheryl Spielman reported acquiring MVB Financial Corp common stock through RSU vesting. On June 1, 2026, 3,902 time-vested restricted stock units converted into common shares, plus 99 dividend equivalent shares, resulting in 4,001 new shares issued as equity compensation.

How many MVB Financial Corp shares did Cheryl Spielman receive from RSU vesting?

Cheryl Spielman received a total of 4,001 MVB Financial Corp common shares. This came from 3,902 time-vested restricted stock units granted June 1, 2025, plus 99 dividend equivalent shares that accrued since the grant date and were issued when the award vested.

What is Cheryl Spielman’s MVB Financial Corp shareholding after this Form 4?

After the reported transactions, Cheryl Spielman directly holds 33,674 shares of MVB Financial Corp common stock. This figure includes the 4,001 new shares issued upon vesting of her time-vested restricted stock units and related dividend equivalent shares on June 1, 2026.

Were Cheryl Spielman’s MVB Financial Corp transactions open-market buys or sales?

The transactions were not open-market buys or sales. They reflect the exercise and settlement of time-vested restricted stock units granted under the MVB Financial Corp 2022 Stock Incentive Plan, with shares issued as compensation rather than purchased or sold in the market.

What equity award plan did Cheryl Spielman’s RSUs for MVB Financial Corp come from?

The time-vested restricted stock units came from the MVB Financial Corp 2022 Stock Incentive Plan. According to the disclosure, these RSUs were granted on June 1, 2025 and were structured to vest 100% on the first anniversary of the grant date before converting into common shares.

What are dividend equivalent shares in Cheryl Spielman’s MVB Financial Corp Form 4?

Dividend equivalent shares are additional shares accrued to mirror dividends on unvested RSUs. In this filing, Spielman received 99 dividend equivalent shares, which were issued alongside the 3,902 vested RSUs, bringing the total number of newly issued MVB Financial Corp common shares to 4,001.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 06/03/2026 - 04:23 PM EDT Learn about SEC filing dates

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^*

Spielman Cheryl

(Last) (First) (Middle)

5662 VINTAGE OAKS CIRCLE

(Street)

DELRAY BEACH FLORIDA 33484

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2026	06/01/2026	M(1)		4,001(2)	A	$0	33,674	D

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	06/01/2026	06/01/2026	M			3,902	06/01/2026	(3)	Common Stock	3,902	$0	0	D

Explanation of Responses:

1. 100% of the restricted stock units, granted June 1, 2025, have vested and shares are being issued.

2. Includes 99 dividend equivalent shares accrued since the time of grant.

3. 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 Cheryl Spielman	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)