MVB FINANCIAL CORP·4

Jul 2, 1:02 PM ET

Maculaitis Victor Ray 4

Research Summary

AI-generated summary

Updated

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.