Nassy Michael G. 4

What Happened

• Michael G. Nassy, Senior Executive Vice President and Chief Credit Officer of FVCBankcorp (FVCB), exercised 11,718 derivative awards/options on Feb 13, 2026, acquiring shares at an exercise price of $9.22 per share (total cost/value shown $107,993).
• As part of the same activity, 7,848 shares were withheld to satisfy tax withholding obligations, valued at $15.76 per share (total value withheld $123,684). The filing also lists the conversion/disposition of 11,718 derivative units tied to the exercise.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-18 (reporting date shown).
• Exercise details: 11,718 shares at $9.22 per share = $107,993.
• Tax withholding: 7,848 shares withheld at $15.76 per share = $123,684 (footnote: withholding of securities incident to vesting of an award).
• Shares owned after the transaction: not disclosed in the provided excerpt.
• Footnote: The Reporting Person elected to satisfy tax liability by withholding shares incident to vesting of a restricted stock unit award (market price used $15.76), issued under Rule 16b-3.
• No 10b5-1 plan or late-filing flag is indicated in the supplied details.

Context

• This filing reflects an option exercise (derivative conversion) combined with routine tax-withholding (a common practice when RSUs vest or options are exercised). Withholding shares to cover taxes is administrative and does not necessarily indicate the insider’s market view.