Maculaitis Victor Ray 4
4 · MVB FINANCIAL CORP · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
MVB Financial (MVBF) Director Victor Maculaitis Receives Award
What Happened
- Victor Ray Maculaitis, a director of MVB Financial Corp. (MVBF), received an award of 2,652 restricted stock units (RSUs) on 2026-07-01. The grant is reported as a derivative acquisition at $0.00 (no cash paid at grant).
- These are time‑vested RSUs granted under the MVB Financial Corp. 2022 Stock Incentive Plan and will vest 100% on the first anniversary of the grant date (per footnote).
Key Details
- Transaction date: 2026-07-01; Form filed: 2026-07-02 (appears timely).
- Instrument: Time‑vested restricted stock units (derivative security); shares granted: 2,652; reported acquisition price: $0.00.
- Vesting: 100% on first anniversary of grant (per F1).
- Shares owned after transaction: not specified in the information provided.
- Filing notes: no 10b5-1 plan, tax withholding, or late-filing indication in the provided excerpt.
Context
- RSUs are compensation awards that convert into actual shares only upon vesting; they do not represent immediate open‑market purchases or sales.
- Such director awards are common as compensation and do not by themselves indicate insider buying or selling sentiment.
Insider Transaction Report
Form 4
Maculaitis Victor Ray
Director
Transactions
- Award
RSU - Time Vested Award
[F1]2026-07-01+2,652→ 2,652 totalExercise: $0.00From: 2027-07-01→ Common Stock (2,652 underlying)
Footnotes (1)
- [F1]The time-vested restricted stock units were granted pursuant to the MVB Financial Corp. 2022 Stock Incentive Plan and will vest 100% on the first anniversary of the grant date.
Signature
Lisa J McCormick POA for Victor Ray Maculaitis|2026-07-02