MVB Financial director acquires 3,791 shares via RSUs
MVB Financial Corp director Richard James Cordella Jr. reported acquiring additional common shares through equity compensation.
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Rhea-AI Filing Summary
MVB Financial Corp director Richard James Cordella Jr. reported acquiring additional common shares through equity compensation. On June 23, 2026, 100% of his time-vested restricted stock units granted on June 23, 2025 vested, and shares were issued.
The transaction reflects the exercise of 3,701 restricted stock units, plus 90 dividend equivalent shares that had accrued since grant, resulting in 3,791 common shares credited at no cash exercise price. After this vesting event, he directly owns 4,291 shares of MVB Financial Corp common stock. No sales or disposals were reported in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSU - Time Vested Award | 3,701 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,791 | $0.00 | $0.00 |
Footnotes (3)
- F1. 100% of the restricted stock units, granted June 23, 2025, have vested and shares are being issued.
- F2. Includes 90 dividend equivalent shares accrued since the time of grant.
- 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
Key Terms
restricted stock units financial
time-vested restricted stock units financial
MVB Financial Corp. 2022 Stock Incentive Plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.