MVB Financial (NASDAQ: MVBF) CFO RSUs vest; 142 shares withheld for taxes

Rhea-AI Filing Summary

MVB Financial Corp Chief Financial Officer Michael Robert Sumbs reported vesting of time-based restricted stock units on July 25, 2026. 486 RSUs were exercised into an equal number of common shares, leaving 972 RSUs outstanding.

He acquired 497 common shares, including 11 dividend equivalent shares, while 142 shares were withheld at $29.10 per share to satisfy tax obligations. The restricted units were granted under the company’s 2022 Stock Incentive Plan (Amended) with a three-year graded vesting schedule.

Insider Trade Summary

Net Buyer: 355 shares

Net Buy 3 txns

Insider Sumbs Michael Robert

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	RSU - Time Vested Award F3	486	$0.00	$0.00
Exercise	Common Stock F1, F2	497	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	142	$29.10	$4K

Holdings After Transaction: RSU - Time Vested Award — 972 shares (Direct); Common Stock — 2,355 shares (Direct)

Footnotes (3)

1. F1. 1/3 of the time-based restricted stock units, granted July 25, 2026, have vested and shares are being issued.
2. F2. Includes 11 dividend equivalent shares accrued since the time of grant.
3. F3. The restricted units were granted pursuant to the 2022 Stock Incentive Plan (Amended) and have a three-year graded vesting schedule assuming continued employment with the Company.

Key Figures

RSUs exercised: 486 RSUs Common shares acquired: 497 shares Shares withheld for taxes: 142 shares +3 more

6 metrics

RSUs exercised 486 RSUs Time-based restricted stock units exercised into common stock on July 25, 2026

Common shares acquired 497 shares Common stock received upon RSU vesting, including dividend equivalent shares

Shares withheld for taxes 142 shares Shares withheld to satisfy tax obligations related to the vesting event

Tax withholding price $29.10 per share Per-share value used for the 142 shares withheld for tax liability

RSUs outstanding after vesting 972 RSUs Restricted stock units remaining following the July 25, 2026 vesting

Dividend equivalent shares 11 shares Dividend equivalent shares included in the 497 common shares acquired

Key Terms

restricted stock units, dividend equivalent shares, three-year graded vesting schedule, 2022 Stock Incentive Plan (Amended), +1 more

5 terms

restricted stock units financial

"1/3 of the time-based restricted stock units, granted July 25, 2026, have vested"

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 11 dividend equivalent shares accrued since the time of grant."

three-year graded vesting schedule financial

"have a three-year graded vesting schedule assuming continued employment with the Company."

2022 Stock Incentive Plan (Amended) financial

"The restricted units were granted pursuant to the 2022 Stock Incentive Plan (Amended)"

Exercise or conversion of derivative security financial

"transaction code description: Exercise or conversion of derivative security"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/28/2026 - 03:53 PM Accepted by SEC EDGAR 07/28/2026 - 03:52 PM Learn about SEC filing dates

FAQ

What insider equity transaction did MVB Financial (MVBF) disclose for its CFO on July 25, 2026?

On July 25, 2026, MVB Financial’s CFO Michael Robert Sumbs had 486 restricted stock units vest into common shares. He received 497 common shares in total, including 11 dividend equivalent shares, and 142 shares were withheld at $29.10 per share for tax obligations.

How many MVB Financial (MVBF) RSUs remain for the CFO after the July 2026 vesting event?

After this vesting event, Michael Robert Sumbs held 972 restricted stock units still outstanding. These time-based RSUs were granted under the 2022 Stock Incentive Plan (Amended) and follow a three-year graded vesting schedule assuming his continued employment with the company.

How many MVB Financial (MVBF) shares were withheld for the CFO’s tax obligations and at what price?

A total of 142 common shares were withheld to cover Michael Robert Sumbs’ tax liability. The withholding was valued at $29.10 per share, classified as payment of tax obligations by delivering or withholding securities rather than an open-market sale.

What explains the difference between the 486 RSUs vesting and the 497 MVB Financial (MVBF) shares acquired?

The CFO acquired 497 common shares even though 486 RSUs vested because the total includes 11 dividend equivalent shares. Those dividend equivalents had accrued since the time of grant and were issued alongside the vested restricted stock units.

Under which plan were the MVB Financial (MVBF) RSUs for the CFO granted and how do they vest?

The restricted stock units were granted under the 2022 Stock Incentive Plan (Amended). According to the disclosure, these time-based RSUs follow a three-year graded vesting schedule, with vesting conditioned on Michael Robert Sumbs’ continued employment with MVB Financial Corp.

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^*

Sumbs Michael Robert

(Last) (First) (Middle)

408 HILLANDALE DR.

(Street)

RALEIGH NORTH CAROLINA 27609

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/25/2026

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	07/25/2026	07/27/2026	M(1)		497(2)	A	$0	2,497	D
Common Stock	07/25/2026	07/27/2026	F		142	D	$29.1	2,355	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	07/25/2026	07/27/2026	M			486	07/25/2026	(3)	Common Stock	486	$0	972	D

Explanation of Responses:

1. 1/3 of the time-based restricted stock units, granted July 25, 2026, have vested and shares are being issued.

2. Includes 11 dividend equivalent shares accrued since the time of grant.

3. The restricted units were granted pursuant to the 2022 Stock Incentive Plan (Amended) and have a three-year graded vesting schedule assuming continued employment with the Company.

Remarks:

	Lisa J. McCormick, by POA from Michael Robert Sumbs	07/28/2026
	** 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)