Eberly Paul E. 4

What Happened

• Paul E. Eberly, EVP and Chief Lending Officer of F&M Bank Corp (FMBM), disposed of 352 shares on March 7, 2026. The shares were recorded at $31.98 each for a total of $11,257. The filing labels the transaction as "Payment of exercise price or tax liability (F)," indicating the shares were surrendered to cover taxes or exercise-related obligations rather than a directional sale for investment reasons.

Key Details

• Transaction date: 2026-03-07
• Price per share: $31.98; Total value: $11,257
• Transaction code: F (payment of exercise price or tax liability — typically share withholding to satisfy taxes)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing date: 2026-03-11 (filed 4 days after the reported transaction); Form 4s are normally due within 2 business days, so this appears later than typical filing timing

Context

• This was an administrative disposition to cover tax or exercise obligations (commonly happens when options vest or are exercised). Such withholdings are routine and do not necessarily signal the insider's view on the company’s stock.
• For retail investors, outright purchases by insiders tend to be more informative than routine withholdings or disposals.