Jackson Sharon L. 4

What Happened

• Sharon L. Jackson, EVP and Chief Banking Officer of FVCBankcorp (FVCB), had 506 shares withheld to satisfy tax withholding associated with the vesting of a restricted stock unit (RSU) award. The shares were valued and withheld at $17.24 per share, totaling approximately $8,723.
• This was a tax-withholding event (transaction code F) tied to vesting—not an open-market sale or a purchase—so it is a routine administrative disposition rather than a trade that signals a new investment view.

Key Details

• Transaction date: 2026-06-23; Filing date: 2026-06-24 (timely filing).
• Withheld/disposed: 506 shares at $17.24 per share; total value ≈ $8,723.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: Reporting person elected to satisfy tax liability by withholding securities incident to RSU vesting; transaction effected based on $17.24 market price and in accordance with Rule 16b-3.
• Transaction code: F = tax withholding (not a sale for cash).

Context

• Withholding shares to cover taxes on vested RSUs is a common administrative step and does not necessarily indicate the insider is reducing or increasing exposure to the company.
• Because this was a withholding at vesting (not an open-market sale), it typically reflects standard compensation tax mechanics rather than a discretionary sale.