Famularo Adam Francis 4
4 · MVB FINANCIAL CORP · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
MVB Financial (MVBF) Director Adam Famularo Receives Award
What Happened Adam Francis Famularo, a director of MVB Financial Corp. (MVBF), was granted 2,652 restricted stock units (RSUs) on 2026-07-01. The award is reported as a derivative grant (transaction code A) with an acquisition price of $0.00 (typical for RSU compensation). These units will convert to common shares only if and when they vest.
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (appears timely under Form 4 rules).
- Grant: 2,652 time‑vested restricted stock units; reported acquisition price $0.00.
- Shares owned following the transaction: not disclosed in the filing.
- Footnote: F1 — The RSUs were granted under the MVB Financial Corp. 2022 Stock Incentive Plan and will vest 100% on the first anniversary of the grant date.
- Transaction type: Award/Grant of derivative securities (RSUs), not an open‑market purchase or sale.
Context RSU grants are compensation and generally represent future claims on common stock if vesting conditions are met; they are not an immediate cash purchase or sale of shares. Because the units vest in one year, they are not immediately liquid and do not necessarily signal short‑term trading intent.
Insider Transaction Report
- 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.