Nassy Michael G. 4

What Happened Michael G. Nassy, Sr. Executive Vice President and Chief Credit Officer of FVCBankcorp, disposed of 656 shares on March 20, 2026 as a payment for tax or exercise-related liability (transaction code F). The shares were valued at $14.65 each, totaling about $9,610. This was a tax-withholding/settlement disposal rather than an open-market sale—typically a routine administrative transaction.

Key Details

• Transaction date and price: March 20, 2026 — 656 shares at $14.65 per share (total ~$9,610).
• Transaction type/code: F — Payment of exercise price or tax liability (shares surrendered/withheld).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: March 23, 2026 — appears to be filed within the SEC’s two-business-day requirement (timely).
• Notable: This is a tax-withholding/net-settlement disposal, not necessarily a signal of bearish insider selling.

Context Code F typically indicates shares were surrendered or withheld to satisfy taxes or exercise costs following an option exercise or stock award. Such transactions are common and generally reflect routine payroll/tax administration rather than an insider openly selling shares in the market.