F&M Bank (FMBM) Director Edward Burkholder Receives 221-Share Award

What Happened

• Edward R. Burkholder, a director of F&M Bank Corp (FMBM), was granted 221 shares on 2026-09-24 at an attributed price of $40.39 per share, for a total value of about $8,926. This transaction is recorded as an acquisition/award (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-24; Price: $40.39 per share; Shares: 221; Total value ≈ $8,926.
• Filing date: Form 4 filed 2026-09-28 (reporting the 9/24 transaction).
• Shares owned after the transaction: not provided in the data supplied.
• Footnote: F1 — "Shares acquired from Issuer with proceeds as a quarterly retainer" (compensatory grant).
• Transaction type: Award/compensatory issuance (not a sale or option exercise).

Context

• This was a director compensation award (quarterly retainer paid/converted into shares). Such grants reflect routine pay for board service and are not the same signal as an open-market purchase by an insider. They are common forms of non-cash compensation for directors.