Elmore Samuel L 4/A
4/A · FIRST COMMUNITY BANKSHARES INC /VA/ · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
FCBC Director Samuel L. Elmore Receives 877 RSU Award
What Happened Samuel L. Elmore, a director of First Community Bankshares, was awarded 877 restricted stock units (RSUs) on May 27, 2026. The award is reported as a derivative grant (Form 4 code A) at $0.00 per unit (total reported value $0). These RSUs represent a contingent right to one share each (or cash at the reporting person's election) and vest in one installment on May 27, 2027. This filing is an amendment correcting the number of RSUs previously reported.
Key Details
- Transaction date: 2026-05-27; Report filed (amended): 2026-06-02.
- Security: 877 restricted stock units (derivative award), price reported $0.00; total reported value $0.
- Vesting: All units vest on May 27, 2027; at vesting each RSU converts to one share or cash (reporting person's election).
- Amendment note: The Form 4 was amended to correct an earlier incorrect RSU count.
- Shares owned after transaction: Not specified in this filing.
- Timeliness: This is an amended filing submitted after the original Form 4; the initial report timing was later than the usual two-business-day window.
Context This was a compensation award (RSUs) to a non-employee director rather than an open-market buy or sale. RSU grants are common as long-term compensation and do not represent an immediate purchase or sale of shares; they only convert to shares or cash if and when they vest. Amendments like this typically correct reporting details and do not by themselves indicate a change in trading intent or company outlook.
Insider Transaction Report
- Award
RESTRICTED STOCK UNITS
[F1][F2]2026-05-27+877→ 877 total→ COMMON STOCK (877 underlying)
Footnotes (2)
- [F1]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.
- [F2]The reporting person filed a Form 4 which reported an incorrect number of restricted stock units.