PIJOR DAVID W 4

What Happened

• David W. Pijor, Chairman, Chief Executive Officer and Director of FVCBankcorp, exercised stock options on 2026-04-21 to acquire 97,656 shares at an exercise price of $9.22 per share (total value of acquired shares based on exercise price: $899,998).
• To cover exercise costs and tax withholding, 25,365 shares were withheld at a market price of $15.61 per share (value withheld: $395,948). The filing shows the option exercise and the related withholding/surrender of shares.

Key Details

• Transaction date: 2026-04-21.
• Option exercise: 97,656 shares @ $9.22 (code M) — $899,998 (exercise consideration).
• Tax/exercise withholding: 25,365 shares @ $15.61 (code F) — $395,948 surrendered to cover taxes/exercise costs.
• Footnote: Reporting person elected to pay exercise costs and tax liability by withholding securities incident to the vesting of the award, using a market price of $15.61; transaction reported under Rule 16b-3 (permitted director/officer transactions).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: the Form 4 was filed with the same report date (2026-04-21); no late-filing indication in the report.

Context

• This was an option exercise with share withholding to cover costs/taxes — effectively a cashless/net settlement of part of the award. Such transactions are common for executives and are administrative in nature; they do not by themselves indicate a bullish or bearish signal.