MVB Financial (MVBF) CAO gains stock through RSU awards and vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MVB Financial Corp Chief Administrative Officer Craig Bradley Greathouse reported multiple stock-based compensation transactions involving Common Stock and RSUs on May 1, 2026.
He received 2,830 shares of Common Stock as a grant at $0.00 per share, while 2,118 shares were withheld at $25.68 per share to cover tax obligations. Several prior time-based and performance-based RSU awards vested, resulting in issued Common Stock tied to awards originally granted between 2021 and 2025, including 4,122 shares from derivative exercises. He was also granted new time-vested RSU awards of 2,869 shares and 1,325 shares that generally vest over multi-year schedules under the company’s stock incentive plans. Following these transactions, he held 27,408 Common shares directly and 581 shares indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,122 shares exercised/converted
Mixed
13 txns
Insider
Greathouse Craig Bradley
Role
Chief Administrative Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSU - Time-Vested Award | 261 | $0.00 | -- |
| Exercise | RSU - Time-Vested Award | 1,347 | $0.00 | -- |
| Exercise | RSU - Time-Vested Award | 1,189 | $0.00 | -- |
| Exercise | RSU - Time-Vested Award | 1,325 | $0.00 | -- |
| Grant/Award | RSU - Time-Vested Award | 1,325 | $0.00 | -- |
| Grant/Award | RSU - Time-Vested Award | 2,869 | $0.00 | -- |
| Exercise | Common Stock | 305 | $0.00 | -- |
| Exercise | Common Stock | 1,492 | $0.00 | -- |
| Exercise | Common Stock | 1,267 | $0.00 | -- |
| Exercise | Common Stock | 1,359 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,118 | $25.68 | $54K |
| Grant/Award | Common Stock | 2,830 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
RSU - Time-Vested Award — 0 shares (Direct, null);
Common Stock — 25,408 shares (Direct, null);
Common Stock — 581 shares (Indirect, 401(k) Plan)
Footnotes (1)
- 1/5 of the time-based restricted stock units, granted May 1, 2021, have vested and shares are being issued. Includes 44 dividend equivalent shares accrued since the time of grant. 1/3 of the time-based restricted stock units, granted May 1, 2023, have vested and shares are being issued. Includes 145 dividend equivalent shares accrued since the time of grant. 1/3 of the time-based restricted stock units, granted May 1, 2024, have vested and shares are being issued. Includes 78 dividend equivalent shares accrued since the time of grant. 1/3 of the time-based restricted stock units, granted May 1, 2025, have vested and shares are being issued. This total includes 34 shares acquired through MVB's Dividend Reinvestment Plan. Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted on May 1, 2023. The performance conditions applicable to the aware were determined to have been satisfied by the Company's HR & Compensation Committee. This total includes 204 shares acquired through MVB's Dividend Reinvestment Plan. This total includes 579 shares acquired through MVB's Dividend Reinvestment Plan. The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended) and have a five-year graded vesting schedule assuming continued employment with the Company. The restricted stock units were granted pursuant to the 2022 Stock Incentive Plan and have a three-year graded vesting schedule assuming continued employment with the Company. RSUs awarded on May 1, 2026 that vest over a three-year period beginning on May 1, 2027.
Key Figures
Common stock grant: 2,830 shares at $0.00
Tax-withholding shares: 2,118 shares at $25.68
Derivative exercises: 4,122 shares
+4 more
7 metrics
Common stock grant
2,830 shares at $0.00
Common Stock awarded on May 1, 2026
Tax-withholding shares
2,118 shares at $25.68
Shares delivered for tax liability on May 1, 2026
Derivative exercises
4,122 shares
Total shares from derivative exercises per summary
Direct common holdings
27,408 shares
Common Stock directly held after transactions
Indirect 401(k) holdings
581 shares
Common Stock held indirectly via 401(k) plan
New RSU grant
2,869 RSUs
Time-vested RSU award granted May 1, 2026
Additional RSU grant
1,325 RSUs
Time-vested RSU award granted May 1, 2026
Key Terms
RSU - Time-Vested Award, dividend equivalent shares, Dividend Reinvestment Plan, tax-withholding disposition, +2 more
6 terms
RSU - Time-Vested Award financial
"security_title: "RSU - Time-Vested Award" with multi-year vesting schedules"
Dividend Reinvestment Plan financial
"This total includes 34 shares acquired through MVB's Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 2,118 shares at $25.68"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
performance-based restricted stock units financial
"Acquired upon achievement of certain performance criteria pursuant to the performance-based restricted stock units granted on May 1, 2023."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
Stock Incentive Plan financial
"The restricted units were granted pursuant to the 2013 Stock Incentive Plan (Amended)."
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
FAQ
What did MVB Financial (MVBF) disclose about Craig Bradley Greathouse’s Form 4 transactions?
MVB Financial reported that Chief Administrative Officer Craig Bradley Greathouse had multiple stock-based compensation transactions, including grants, RSU vesting, derivative exercises, and tax-withholding dispositions, all involving Common Stock and RSU awards on May 1, 2026.
What are Craig Bradley Greathouse’s reported holdings after these MVB Financial transactions?
After the reported transactions, he held 27,408 shares of MVB Financial Common Stock directly and 581 shares indirectly through a 401(k) plan. These balances reflect the net impact of grants, RSU vesting, derivative exercises, and tax-withholding dispositions.