FIRST COMMUNITY BANKSHARES INC /VA/·4

May 29, 1:35 PM ET

Elmore Samuel L 4

4 · FIRST COMMUNITY BANKSHARES INC /VA/ · Filed May 29, 2026

Research Summary

AI-generated summary of this filing

Updated

FCBC Director Samuel L. Elmore Converts RSUs, Receives RSU Grant

What Happened

  • Samuel L. Elmore, a director of First Community Bankshares Inc. (FCBC), had restricted stock unit activity in late May 2026. On 2026-05-28, 928 restricted stock units vested and were converted into 928 shares. The filing also reports a simultaneous disposition of 928 shares at $0.00 (no cash proceeds reported). On 2026-05-27 he was awarded 842 new restricted stock units (vests in the future).
  • No cash value or sale proceeds are reported for the converted/disposed shares (prices shown as N/A or $0.00). The transactions are awards/conversions rather than open-market purchases or sales.

Key Details

  • Transaction dates: Grant on 2026-05-27 (842 RSUs, $0.00); conversion/settlement on 2026-05-28 (928 RSUs → 928 shares acquired; simultaneous 928-share disposition at $0.00).
  • Transaction codes: A = award/grant (842 RSUs); M = exercise/conversion (928 RSUs converted).
  • Shares owned after the transactions: not specified in the summary data provided.
  • Relevant footnotes: F1 — the 928 restricted stock units converted into one share each and vested on 05/28/2026; F3 — the 842 RSUs represent contingent rights that vest in one installment on 05/27/2027; F2 (not directly tied to these entries) notes typical option vesting schedules.
  • Filing timeliness: Form filed 2026-05-29 for transactions on 05/27–05/28, 2026 (appears timely).

Context

  • This was primarily an award/vesting event (not an open-market buy or sale). The reported $0.00 disposition commonly reflects shares withheld for taxes or settlement processing rather than a market sale; no cash proceeds are shown. The 842 new RSUs are future compensation that will vest on 05/27/2027 per the footnote.

Insider Transaction Report

Form 4
Period: 2026-05-27
Transactions
  • Exercise/Conversion

    COMMON STOCK

    [F1]
    2026-05-28+92819,864 total
  • Exercise/Conversion

    RESTRICTED STOCK UNITS

    [F1]
    2026-05-289280 total
    COMMON STOCK (928 underlying)
  • Award

    RESTRICTED STOCK UNITS

    [F3]
    2026-05-27+842842 total
    COMMON STOCK (842 underlying)
Holdings
  • STOCK OPTION

    [F2]
    Exercise: $33.00From: 2022-03-31Exp: 2031-03-19COMMON STOCK (3,958 underlying)
    3,958
Footnotes (3)
  • [F1]Each restricted stock unit converted into one share of First Community Bankshares Inc. common stock. The restricted stock units vested on May 28, 2026.
  • [F2]Stock options vest in three equal installments over three years beginning with 03/31/2022.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of First Community Bankshares Inc. common stock, or at the reporting persons election, the cash value thereof. The restricted stock units vest in one installment on May 27, 2027.
Signature
Samuel L. Elmore by: Sarah W. Harmon (His Attorney-in-Fact)|2026-05-29

Documents

1 file
  • 4
    form4-05292026_050515.xmlPrimary