Duber Marc N. 4
Research Summary
AI-generated summary
FVCBankcorp (FVCB) Director Marc N. Duber Receives 2,000-Share RSU Award
What Happened
- Marc N. Duber, a director of FVCBankcorp, was granted 2,000 restricted stock units (RSUs) on 2026-04-22. The award was reported as an acquisition at $0.00 per share (no cash was paid upfront).
Key Details
- Transaction date: 2026-04-22; filing date: 2026-04-23 (timely).
- Grant: 2,000 RSUs acquired at $0.00 per share.
- Shares owned following the transaction: not reported in the provided filing information.
- Footnote: The 2,000 RSUs vest in equal annual installments over four years, with the first installment vesting on the one-year anniversary of the grant.
- Transaction type: Award/Grant (code A on Form 4).
Context
- RSU grants are compensation awards that convert to shares if and when they vest; this is not an open-market purchase or sale. Such awards reflect company compensation decisions rather than immediate insider buying/selling activity.
- Filing appears timely (reported the next day), which suggests routine disclosure compliance.