Eberly Paul E. 4

What Happened Paul E. Eberly, EVP and Chief Lending Officer of F&M Bank Corp (FMBM), reported disposing of 197 shares on 2026-03-20. The shares were surrendered to cover an exercise price or tax liability (transaction code F) at a reported per-share value of $30.59, totaling about $6,026. This was a tax-withholding/cashless-settlement type transaction rather than an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (filed within the two-business-day window).
• Shares surrendered/disposed: 197 at $30.59 each; total value reported ≈ $6,026.
• Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered).
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1 plan or other special footnotes disclosed in this filing.

Context An F-code transaction typically reflects withholding or surrendering shares to satisfy taxes or option exercise costs (a cashless or share-for-tax settlement). These transactions are generally routine administrative actions and do not, by themselves, indicate a deliberate market buy or sell decision by the insider.