F&M Bank Corp (FMBM) EVP Paul E. Eberly Receives Award (1,651 shares)
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F&M Bank Corp (FMBM) EVP Paul E. Eberly Receives Award (1,651 shares)
What Happened Paul E. Eberly, EVP and Chief Lending Officer of F&M Bank Corp (ticker: FMBM), acquired 1,651 shares as an award from the issuer on March 19, 2026. The shares were reported at a per-share value of $30.59, for a total value of $50,504. This Form 4 is an amendment filed to correct the transaction code to reflect an acquisition from the issuer.
Key Details
- Transaction date and price: 2026-03-19, 1,651 shares at $30.59 each (total $50,504).
- Transaction type: Award/Grant (reported as an acquisition from the issuer, Rule 16b-3 exempt).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Amendment (F1) corrects the transaction code to show the acquisition is from the issuer and is exempt from Section 16(b) under Rule 16b-3.
- Filing timeliness: This is an amended Form 4 filed on 2026-08-25 for a 2026-03-19 transaction (the amendment corrects the reported code).
Context Awards from the issuer are typically grants of restricted stock or similar and are exempt from short-swing profit rules under Rule 16b-3; such awards may be subject to vesting or transfer restrictions (this filing does not detail any vesting schedule). Because this is an acquisition (award) rather than a sale, it represents an insider receipt of company stock rather than a disposition.