Famularo Adam Francis 4

What Happened Adam Famularo, a director of MVB Financial Corp (MVBF), made an open-market purchase of 1,835 shares on June 12, 2026. According to the filing footnote, the shares were purchased at prices ranging from $27.990 to $28.250, for an average price of $28.1781 per share, totaling roughly $51,707. This was a purchase (acquisition) rather than a sale.

Key Details

• Transaction date: 2026-06-12 (reported on Form 4 filed 2026-06-15)
• Price range: $27.990 – $28.250; average price $28.1781 per share
• Shares acquired: 1,835 (total cost ≈ $51,707)
• Shares owned after transaction: not specified in the filing
• Footnote: F1 documents the price range and the average price above
• Filing timeliness: reported on 2026-06-15 (within the Form 4 two-business-day filing window)

Context: This was an open-market purchase (direct buy of shares). Purchases by insiders can be interpreted as more informative than routine sales, but they do not prove management intent or guarantee stock performance.