STOCK TITAN

MVB Financial (MVBF) director gains 3,791 shares from vested RSU award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Cordella Richard James JR
Role null
Type Security Shares Price Value
Exercise RSU - Time Vested Award 3,701 $0.00 --
Exercise Common Stock 3,791 $0.00 --
Holdings After Transaction: RSU - Time Vested Award — 0 shares (Direct, null); Common Stock — 4,291 shares (Direct, null)
Footnotes (1)
  1. 100% of the restricted stock units, granted June 23, 2025, have vested and shares are being issued. Includes 90 dividend equivalent shares accrued since the time of grant. 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.
Common shares acquired 3,791 shares Shares issued upon RSU vesting on June 23, 2026
RSUs exercised 3,701 units Time-vested restricted stock units granted June 23, 2025
Dividend equivalent shares 90 shares Accrued since RSU grant and issued at vesting
Shares owned after transaction 4,291 shares Director’s direct common stock holdings after RSU vesting
Exercise price $0.00 per share No cash exercise price for RSU conversion to common stock
restricted stock units financial
"100% of the restricted stock units, granted June 23, 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 90 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."
MVB Financial Corp. 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."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 CONNECTICUT 06880

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/23/202606/23/2026M(1)3,791(2)A$04,291D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
RSU - Time Vested Award$006/23/202606/23/2026M3,70106/23/2026 (3)Common Stock3,701$00D
Explanation of Responses:
1. 100% of the restricted stock units, granted June 23, 2025, have vested and shares are being issued.
2. Includes 90 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 by POA from Richard James Cordella, Jr.06/25/2026
** Signature of Reporting PersonDate
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)