Director at FVCBankcorp (FVCB) granted 2,000 RSUs vesting over 4 years
Rhea-AI Filing Summary
FVCBankcorp, Inc. director Steven M. Wiltse reported a grant of 2,000 shares of Common Stock at a price of $0.00 per share, characterized as a grant or award acquisition. These 2,000 shares are issuable upon vesting of restricted stock unit awards.
The awards will vest in equal annual installments over four years, with the first installment vesting on the anniversary of the grant date. Following this award, Wiltse’s directly owned Common Stock position is reported as 25,688 shares.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wiltse Steven M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,688 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 2,000 shares
Grant price per share: $0.00 per share
Post-award holdings: 25,688 shares
+1 more
4 metrics
RSU grant size
2,000 shares
Restricted stock unit award of Common Stock
Grant price per share
$0.00 per share
Compensation-related grant, not open-market purchase
Post-award holdings
25,688 shares
Total Common Stock directly owned after transaction
Vesting schedule
4 annual installments
First installment on anniversary of grant date
Key Terms
restricted stock unit awards, vest in equal annual installments, Common Stock
3 terms
restricted stock unit awards financial
"2,000 shares issuable upon vesting of restricted stock unit awards."
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
vest in equal annual installments financial
"The awards will vest in equal annual installments over four years"
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did FVCB director Steven M. Wiltse report on this Form 4?
Steven M. Wiltse reported receiving a grant of 2,000 shares of FVCBankcorp Common Stock at a price of $0.00 per share. The transaction is classified as a grant or award acquisition and increases his directly held position to 25,688 shares after the reported award.
How will the 2,000 restricted stock unit awards for FVCB vest?
The 2,000 restricted stock unit awards will vest in equal annual installments over four years. According to the disclosure, the first installment vests on the anniversary of the grant date, and the remaining installments follow annually until all units are fully vested.
Did Steven M. Wiltse pay a purchase price for this FVCB stock award?
The transaction price per share is reported as $0.00, indicating this was a compensation-related grant rather than an open-market purchase. The Form 4 characterizes the event as a grant, award, or other acquisition of 2,000 shares linked to restricted stock unit awards.