FERRICK PATRICIA A 4
Research Summary
AI-generated summary
FVCBankcorp (FVCB) President Patricia Ferrick Exercises Options
What Happened
- Patricia A. Ferrick, President and Director of FVCBankcorp (FVCB), exercised stock options to acquire 3,150 shares on 2026-04-22 at an exercise price of $9.22 per share (total reported value $29,030). The same day the filing reports a disposition of 3,150 shares (derivative) with the same reported dollar amount.
Key Details
- Transaction date: 2026-04-22
- Exercise: 3,150 shares at $9.22 per share — reported value $29,030 (code M: exercise/conversion of derivative)
- Disposal: 3,150 shares (derivative) — reported value $29,030 (same day)
- Shares owned after transaction: Not disclosed in the provided filing
- Footnotes/plans: No 10b5-1 plan, tax-withholding note, or other footnotes provided in the supplied data
- Filing timeliness: Report filed 2026-04-24 for a 2026-04-22 transaction — appears timely (filed within reporting window)
Context
- The filing shows an exercise of options followed by a same-day disposal of the identical number of shares; this pattern is commonly a cashless exercise or immediate sale of exercised shares. Such exercises and immediate sales are often routine (tax or liquidity-driven) and do not necessarily signal a change in the insider’s long-term view.