First Community Bankshares (FCBC) Director Adam Sarver Receives 877 RSUs

What Happened

• Adam M. Sarver, a director of First Community Bankshares Inc. (FCBC), was granted 877 restricted stock units (RSUs) on May 27, 2026. The Form 4 reports these as a derivative award with a per-unit price of $0.00 (no cash paid at grant).

Key Details

• Transaction date: 2026-05-27 (reported on an amended Form 4 filed 2026-06-02).
• Grant: 877 restricted stock units (RSUs); reported price $0.00 (derivative award).
• Vesting: RSUs vest in one installment on May 27, 2027 (Footnote F1).
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1 explains each RSU converts to one share (or cash at the holder’s election) and vests 5/27/2027; F2 notes this is an amended filing correcting an earlier Form 4 that reported an incorrect RSU count.
• Timeliness: This was submitted as an amended filing and posted 6 days after the transaction date; the amendment corrects the previously reported number.

Context

• This is an equity award, not an open-market purchase or sale. RSU grants are routine compensation for executives and directors; no cash changed hands at grant and the award becomes property (or cash) only if/when it vests per the plan terms.