Satz Devin 4
4 · FVCBankcorp, Inc. · Filed Apr 23, 2026
Research Summary
AI-generated summary of this filing
FVCBankcorp Director Devin Satz Receives 2,000 RSU Award
What Happened
Devin Satz, a director of FVCBankcorp, Inc. (FVCB), received an award of 2,000 restricted stock units (RSUs) on April 22, 2026. The award is reported at $0.00 per share (total immediate cash value $0) because RSUs represent a future right to shares rather than an open-market purchase. Transaction code A denotes an award/grant.
Key Details
- Transaction date: 2026-04-22; Form 4 filed: 2026-04-23 (timely filing).
- Security: 2,000 shares issuable upon vesting of RSU awards; reported price $0.00; immediate value $0.
- Vesting: Awards vest in equal annual installments over four years, with the first installment vesting on the one-year anniversary of the grant (per footnote F1).
- Shares owned after transaction: Not specified in the provided filing.
- Transaction type reminder: A = award/grant of equity (not a purchase or sale).
Context
RSU grants are a common form of equity compensation and generally reflect deferred pay that converts to actual shares only after vesting; they are not an immediate cash investment by the insider. Because this is a grant (not a purchase or sale), it should be viewed as compensation-related rather than a direct signal of the insider buying or selling shares.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-22+2,000→ 165,656 total
Footnotes (1)
- [F1]2,000 shares issuable upon vesting of restricted stock unit awards. The awards will vest in equal annual installments over four years with the first installment vesting on the anniversary of the grant.