Wills Phillip R. III 4

What Happened Phillip R. Wills III, a director of FVCBankcorp, reported a sale of 11,462 shares on March 17, 2026. The shares were reported sold at $14.81 each for a total transaction value of approximately $169,706. This was a sale (disposition) reported on a Form 4; sales are often routine portfolio transactions and do not necessarily indicate a change in the director’s view of the company.

Key Details

• Transaction date: 2026-03-17; Price: $14.81 per share; Shares sold: 11,462; Total proceeds: ~$169,706.
• Report filed with the SEC on 2026-03-19 (timely filing; no late filing indicated).
• Transaction reported as an open-market/private sale (Form 4 code "S").
• Shares owned after the transaction: not specified in the provided filing summary.
• No 10b5-1 trading plan, tax withholding, or other special footnotes were disclosed in the summary provided.

Context

• Sales by directors can be for many ordinary reasons (diversification, liquidity, tax planning) and are generally less informative than insider purchases about confidence in future company prospects.
• No options exercised, gifts, or awards were reported in this filing; it documents a straight sale of existing shares.