Nassy Michael G. 4

What Happened

• Michael G. Nassy, Senior Executive Vice President and Chief Credit Officer of FVCBankcorp, was granted 9,000 restricted stock units (RSUs) on 2026-04-22. The filing reports an acquisition at $0.00 per share (total $0) because these are awards that convert to shares upon vesting, not open-market purchases.

Key Details

• Transaction date: 2026-04-22; Form 4 filed: 2026-04-23 (appears timely).
• Transaction type/code: Award/Grant (A) — 9,000 RSUs granted at $0.00 per share.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: The 9,000 shares are issuable upon vesting of RSU awards; they vest in equal annual installments over four years, with the first installment vesting on the one-year anniversary of the grant.
• No indication of a 10b5-1 plan, tax-withholding sale, or immediate sale of shares in this filing.

Context

• RSUs are a form of compensation that convert to common stock when they vest; they do not require an upfront cash purchase and do not immediately increase the insider's voting power until vested and issued. Such grants are common for retention and compensation and should not be interpreted alone as a directional signal about the company's stock.