F&M Bank (FMBM) EVP Charles Driest Receives 1,524-Share Award

What Happened

• Charles C. Driest, EVP & Chief Experience Officer of F&M Bank Corp (FMBM), was granted/acquired 1,524 shares from the issuer on 2026-03-19 at $30.59 per share, a total value of $46,619. The transaction is coded as an acquisition/award (code A), i.e., an issuer grant rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-03-19 at $30.59 per share.
• Shares acquired: 1,524; aggregate value: $46,619.
• Transaction code: A (award/grant/acquisition from issuer). The amendment (see footnote) corrects the code to reflect this.
• Amendment: This is an amended Form 4 filed 2026-08-25 to correct the transaction code (Footnote F1). The amendment states the acquisition is exempt from Section 16(b) under Rule 16b-3.
• Shares owned after the transaction: not disclosed in the supplied filing details.

Context

• This was an issuer grant (likely part of compensation), which is informational but not a direct market signal like a personal open-market purchase or sale. The amendment corrects the filing to show the grant/exemption status; it was filed months after the transaction date (Mar 19 → amended Aug 25), so the filing was updated late to correct the coding. Rule 16b-3 exemption means the transaction is not subject to short-swing profit recovery under Section 16(b).