FVCBankcorp (FVCB) President Patricia Ferrick Exercises Options

What Happened

• Patricia A. Ferrick, President and Director of FVCBankcorp (FVCB), exercised stock options on March 25, 2026 to acquire 19,212 common shares at an exercise price of $9.22 per share (total intrinsic value recorded $177,058). The filing also shows 1,309 shares were surrendered/withheld to cover tax liabilities (valued at $19,766). The report records the derivative conversion related to the exercise.

Key Details

• Transaction date: 2026-03-25
• Option exercise: 19,212 shares @ $9.22 = $177,058 (code M — exercise/conversion of derivative)
• Tax withholding: 1,309 shares @ $15.10 = $19,766 (code F — payment of exercise price or tax liability)
• The filing also lists the derivative conversion/related disposition for the 19,212 shares (administrative reporting)
• Shares owned after the transaction: not specified in the provided report
• No 10b5-1 plan or late-filing flag was indicated in the supplied details

Context

• This was an option exercise (insider acquired shares by converting derivatives). The separate tax-withholding line indicates shares were surrendered to cover taxes, a common administrative step in option exercises. Such exercises show the insider acquiring stock but do not by themselves indicate ongoing buying or selling intentions.