Curry Briggs Alissa 4

What Happened
Alissa Curry Briggs, EVP and Chief Lending Officer of FVCBankcorp (FVCB), exercised 853 stock options on April 23, 2026. The exercise required $7,861 (853 × $9.22). To cover tax withholding, 557 of the resulting shares were surrendered at a market price of $15.68, valued at $8,734, leaving a net 296 shares retained by the insider. The filing reports the exercise (transaction code M) and the withholding for taxes (transaction code F).

Key Details

• Transaction date: 2026-04-23 (reported on Form 4 filed 2026-04-27)
• Option exercise: 853 shares exercised @ $9.22 each (total exercise cost $7,861)
• Tax withholding: 557 shares withheld @ $15.68 each (value $8,734) — classified as a disposition to cover tax liability (code F)
• Net shares received: 296 shares (853 exercised − 557 withheld)
• Footnote: Reporting person elected share withholding to satisfy tax liability; withholding based on market price $15.68 and issued under Rule 16b-3 (standard insider plan approval)
• Post-transaction holdings: Not specified in the provided filing details
• Filing timeliness: Form 4 filed 2026-04-27 as listed (no late-filing flag provided in the supplied data)

Context
This was an options exercise with a simultaneous sell-to-cover (share withholding for taxes). Exercises are an acquisition of shares (often seen as a neutral-to-bullish insider action), but the withholding is a routine administrative step to satisfy taxes and does not necessarily indicate a directional view. No 10% owner or gift reporting is involved here.