Elmore Samuel L 4
Research Summary
AI-generated summary
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.