MVB FINANCIAL CORP·4

May 5, 4:19 PM ET

Logan Jonathan Thomas 4

Research Summary

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Updated

MVB Financial (MVBF) CAO Logan Thomas Receives 1,234 RSUs

What Happened

  • Logan Jonathan Thomas, Chief Accounting Officer of MVB Financial Corp (MVBF), received a grant of 1,234 restricted stock units (RSUs) on 2026-05-01. The reported acquisition price is $0.00 because this was an award (derivative grant), not a cash purchase.
  • The filing (accession 0001850424-26-000005) was submitted on 2026-05-05 reporting the May 1 grant.

Key Details

  • Transaction type: Award/Grant (derivative RSUs)
  • Date of grant: 2026-05-01; reported on Form 4 filed 2026-05-05
  • Shares/units granted: 1,234 RSUs; price reported: $0.00 (no cash exchanged)
  • Shares owned after transaction: Not disclosed in the filing
  • Footnote: RSUs granted under the 2022 Stock Incentive Plan with a three-year graded vesting schedule, contingent on continued employment
  • No indication in the filing of an immediate sale, tax withholding, or a 10b5-1 plan

Context

  • RSU grants are compensation awards that convert into shares only as they vest; their eventual value depends on MVBF’s future share price and the vesting schedule. Such grants are common for retention and incentive purposes and do not by themselves indicate insider buying or selling activity.