Taylor Beth Ann 4

What Happened Beth Ann Taylor, a director of First Community Bankshares Inc. (FCBC), had 928 restricted stock units (RSUs) vest on May 28, 2026. Each RSU converted into one share, and those shares were settled in cash (not sold on the open market), resulting in a disposition to the issuer of 928 shares at $42.50 per share for a cash value of $39,440. The filing shows the conversion/exercise of the derivative interest and a cash settlement to cover the shares.

Key Details

• Transaction dates: RSU grant recorded 2026-05-27 (842 RSUs granted); RSU vesting/conversion and cash settlement 2026-05-28.
• Primary economic effect: 928 vested RSUs converted to shares and settled in cash at $42.50 per share = $39,440 received/withheld by issuer (tax/settlement).
• Additional award: 842 RSUs reported as granted on 2026-05-27; per footnote these RSUs vest in one installment on May 27, 2027.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Report filed 2026-05-29 for a 2026-05-28 report date — appears timely.
• Footnotes of note:
  • F1: Each RSU converts into one share; RSUs vested May 28, 2026.
  • F2: The reporting person settled these shares in cash upon vesting (cash settlement/withholding).
  • F3: The 842 newly granted RSUs vest on May 27, 2027 (contingent right to share or cash at election).

Context This was a routine compensation event (RSU vesting with cash settlement/withholding), not an open-market sale by the insider. For retail investors, such cash settlements are common ways to satisfy tax withholding obligations and do not necessarily indicate the director’s view on the company’s prospects. The filing also shows a separate grant of RSUs that will vest next year, which increases potential future insider equity interest if those units vest and are retained.