BURKHOLDER EDWARD RAY 4

What Happened Edward Ray Burkholder, a director of F&M Bank Corp (FMBM), acquired 292 shares on 2026-03-19 at $30.59 per share, a transaction valued at approximately $8,932. The Form 4 reports this as a purchase (Code P); the shares were issued by the company in connection with his quarterly retainer rather than bought on the open market.

Key Details

• Transaction date: 2026-03-19
• Price per share: $30.59; Shares acquired: 292; Total value ≈ $8,932
• Transaction type: P = Purchase (shares issued to insider)
• Footnote F1: Shares were acquired from the issuer with proceeds of a quarterly retainer (i.e., compensation paid in stock)
• Shares owned after transaction: Not specified in the filing
• Filing date: 2026-03-23 — filed within the typical Form 4 reporting window

Context This was a compensation-related stock issuance (director retainer converted to shares), a routine way for insiders to receive pay. Such small purchases (~$9k) are common and factual signals rather than clear endorsements of future performance. Retail investors may note insider purchases as one data point, but should consider them alongside broader company fundamentals and other insider activity.