DAVIS C WILLIAM 4/A
Research Summary
AI-generated summary
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.