DAVIS C WILLIAM 4/A
4/A · FIRST COMMUNITY BANKSHARES INC /VA/ · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
First Community Bankshares (FCBC) Director Davis C. William Receives Award
What Happened
Davis C. William, a director of First Community Bankshares Inc. (FCBC), was granted 877 restricted stock units (RSUs) on May 27, 2026. The award is reported as an acquisition of 877 derivative shares at $0.00 per share (i.e., compensation award rather than an open-market purchase). The RSUs vest in one installment on May 27, 2027. This Form 4 is an amended filing correcting a previously reported incorrect number of RSUs.
Key Details
- Transaction date: 2026-05-27
- Transaction type: Award/grant of restricted stock units (derivative)
- Amount: 877 RSUs @ $0.00 (reported acquisition)
- Vesting: One installment on May 27, 2027 (footnote F1)
- Filing: Amended Form 4 filed 2026-06-02 to correct an earlier incorrect report (footnote F2)
- Shares owned after transaction: Not specified in this filing
- No cash purchase or sale reported—this is director compensation, not a market trade
Context
RSUs are a contingent right to receive company shares (or cash equivalent) upon vesting and do not represent immediately tradable shares. Such grants are common as long-term compensation and are not direct indicators of buying or selling by the insider. The amendment corrects the previously reported RSU count; investors tracking insider filings should note the corrected amount.
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.