Black Barton E. 4

What Happened Black Barton E., President of F&M Bank Corp (ticker: FMBM), had 597 shares withheld on March 7, 2026 to satisfy a tax liability (transaction code F). The shares were valued at $31.98 each, for a total of about $19,092. This was a withholding/disposal of shares to cover taxes rather than an open-market sale or new purchase, and is typically a routine administrative step following an option exercise or vesting.

Key Details

• Transaction date: 2026-03-07
• Price per share: $31.98
• Shares involved: 597 (disposed/withheld)
• Total value of shares withheld: $19,092 (approx.)
• Shares owned after transaction: not disclosed in the provided summary (see the Form 4 on EDGAR for exact post-transaction holdings)
• Footnote/transaction code: F — payment of exercise price or tax liability by delivering or withholding securities (i.e., shares withheld for taxes)
• Filing: Form 4 filed 2026-03-11 reporting the March 7 transaction (no late-filing flag noted in this summary)

Context Withholdings to cover taxes are common when insiders exercise options or when restricted shares vest; they reduce the insider’s reported shares but do not necessarily indicate a view on the stock. This was not an open-market sale — rather, shares were retained by the company or broker to pay taxes. For full details (post-transaction holdings and any related option/award information), consult the official Form 4 on the SEC EDGAR site.