SCHWARTZ LAWRENCE W 4/A

What Happened

• Lawrence W. Schwartz, a director of FVCBankcorp, exercised options to acquire 21,483 shares on 2026-02-26 at an exercise price of $9.22/share (total cost $197,987) and sold those 21,483 shares in an open-market transaction the same day at $15.66/share, yielding gross proceeds of $336,508. The filing shows the exercise reported twice (one entry labeled as derivative), and the sale was reported separately.

Key Details

• Transaction date: 2026-02-26. Exercise price: $9.22; sale price: $15.66.
• Shares exercised/acquired: 21,483; shares sold/disposed: 21,483.
• Exercise cost: $197,987; gross sale proceeds: $336,508; difference (pre-tax/fees) ≈ $138,521.
• Form type: Amended Form 4 filed 2026-03-09 reporting the Feb 26 transactions (the amendment/filing delay is noted in the filing).
• Shares owned after the transaction: not specified in this filing.
• Transaction codes: M = exercise/conversion of derivative (options); S = open market sale.

Context

• This was effectively an exercise-and-sell (cashless-style) transaction: the director exercised options and sold the resulting shares the same day, which is commonly used to cover exercise costs and tax obligations and does not necessarily signal a change in personal view of the company.
• Amended and delayed filings reduce transparency and can attract regulatory attention; the business rationale or tax/withholding details were not disclosed in the Form 4.