SARVER M ADAM 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 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.
Insider Transaction Report
Form 4/AAmended
SARVER M ADAM
Director
Transactions
- 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.
Signature
M. Adam Sarver by: Sarah W. Harmon (His Attorney-in-Fact)|2026-06-02