Driest Charles C. 4
Research Summary
AI-generated summary
F&M Bank (FMBM) EVP Charles C. Driest Buys 1,524 Shares
What Happened Charles C. Driest, EVP & Chief Experience Officer of F&M Bank Corp (FMBM), reported a purchase of 1,524 shares on March 19, 2026. The shares were acquired at $30.59 each for a total reported outlay of roughly $46,619. The transaction is coded as P (purchase) and listed as an open-market or private purchase.
Key Details
- Transaction date and price: 2026-03-19 at $30.59 per share.
- Shares acquired: 1,524; total value ≈ $46,619.
- Transaction type: P = Purchase (open market or private purchase).
- Shares owned after transaction: Not specified in the provided filing.
- Filing: Form 4 filed 2026-03-23 (four days after the trade). Form 4s are generally due within two business days, so this appears later than the usual reporting window.
- No footnotes (e.g., 10b5-1 plan or tax withholding) were provided in the information supplied.
Context Purchases by company insiders are often watched by investors as a signal that management is willing to buy company stock, though they do not prove motivation or future performance. This filing reports a straightforward buy; there is no indication of option exercise, immediate resale, gifting, or other derivative activity in the provided details. The delayed filing reduces the timeliness of this disclosure for investors.