FVCBankcorp (FVCB) Sr EVP Michael Nassy Withholds 656 Shares for Taxes

What Happened

• Michael G. Nassy, Senior Executive Vice President & Chief Credit Officer of FVCBankcorp, had 656 shares withheld to cover tax withholding related to the vesting of restricted stock units. The shares were valued at $17.24 each for a total of $11,309 and are reported as a disposition under transaction code F.

Key Details

• Transaction date: 2026-06-23; Form 4 filed: 2026-06-24 (timely filing).
• Price used / market price: $17.24 per share.
• Shares withheld / disposed: 656 shares; total value reported: $11,309.
• Shares owned after the transaction: Not specified in the Form 4.
• Footnote: Reporting person elected to satisfy tax withholding by withholding securities incident to RSU vesting; issuance and withholding were made in accordance with Rule 16b-3.
• Transaction type: Tax withholding on vested award (routine disposition), not an open-market sale (transaction code F).

Context

• This was a tax-withholding action tied to RSU vesting (a common administrative step). It does not represent an open-market sale or a directional bet by the insider. Rule 16b-3 provides the company-side exemption for certain approved transactions by insiders.