[Form 4] MVB FINANCIAL CORP Insider Trading Activity

Rhea-AI Filing Summary

MVB Financial Corp. (MVBF) director Cheryl Spielman received equity on 10/01/2025 when 100% of restricted stock units granted on 10/01/2024 vested and shares were issued. The Form 4 shows 380 time-vested RSUs converted to 380 shares and an additional 10 dividend shares were included, producing a 390-share acquisition reported at $0 price. After the issuance, Spielman beneficially owns 29,673 shares in a direct capacity. The filing was signed by a power of attorney on behalf of Ms. Spielman on 10/03/2025.

The RSUs were granted under the MVB Financial Corp. 2022 Stock Incentive Plan and were scheduled to vest 100% on the first anniversary of the grant date, per the filing. No derivative securities remain reported and no dispositions or sales are shown.

Positive

• 100% vesting of RSUs granted 10/01/2024 converted to shares on 10/01/2025
• 390 shares issued (including 10 dividend shares), increasing director ownership to 29,673 shares
• RSUs were granted under the MVB Financial Corp. 2022 Stock Incentive Plan, showing formal compensation alignment

Negative

• None.

Insights

Corporate Governance Analyst

Director received vested RSUs totaling 390 shares on 10/01/2025.

The filing documents that 380 time-vested restricted stock units vested and 10 dividend shares were added, resulting in a 390-share issuance at $0. This increased Ms. Spielman's direct holdings to 29,673 shares.

This is a routine equity compensation vesting event under the 2022 Stock Incentive Plan and reflects compensation realization rather than an open-market purchase or sale. The report contains no sales or additional derivative holdings to signal trading activity.

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).

1. Name and Address of Reporting Person^*

Spielman Cheryl

(Last) (First) (Middle)

5662 VINTAGE OAKS CIRCLE

(Street)

DELRAY BEACH FL 33484

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	10/01/2025	10/01/2025	M(1)		390	A	$0	29,673(2)	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	10/01/2025	10/01/2025	M			380	10/01/2025	(3)	Common Stock	380	$0	0	D

Explanation of Responses:

1. 100% of the restricted stock units, granted October 1, 2024, have vested and shares are are being issued.

2. Includes 10 dividend 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	10/03/2025
	** 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.

FAQ

What did Cheryl Spielman report on Form 4 for MVBF?

The Form 4 reports that 380 time-vested RSUs vested on 10/01/2025, plus 10 dividend shares, totaling a 390-share acquisition at $0.

How many shares does Cheryl Spielman beneficially own after the transaction?

After the issuance, Cheryl Spielman beneficially owns 29,673 shares directly.

Under which plan were the RSUs granted?

The RSUs were granted under the MVB Financial Corp. 2022 Stock Incentive Plan and vested 100% on the first anniversary of the grant date.

Was there any sale or disposition by the reporting person in this filing?

No. The filing shows only an acquisition from vesting and no disposals or open-market sales.

Who signed the Form 4 filing for Cheryl Spielman?

The Form was signed by Lisa J McCormick as power of attorney for Cheryl Spielman on 10/03/2025.