Hutman Hannah W. 4

What Happened
Hannah W. Hutman, a director of F&M Bank Corp (FMBM), made an open-market purchase of 485 shares on September 18, 2023 at $20.42 per share, for a reported total of $9,904. This was a purchase (generally considered a more directly bullish signal than a sale), representing a modest insider buy.

Key Details

• Transaction date: 2023-09-18
• Transaction type: Open-market purchase (code P)
• Price per share: $20.42
• Shares acquired: 485
• Total reported value: $9,904
• Shares owned after transaction: Not specified in the provided filing details
• Footnotes/plan notes: No 10b5-1 plan, tax withholding, or other special footnotes reported in the provided data
• Filing timeliness: Report filed 2026-03-23 — roughly 2.5 years after the transaction; this is a late filing and reduces the timeliness of the disclosure

Context
This was a small, straightforward open-market buy rather than an option exercise, gift, or award. While insider purchases can be informative, the modest dollar amount (~$9.9K) and the late filing mean this single transaction should be weighed with other insider activity and company fundamentals before drawing conclusions. Form 4s are normally filed within two business days of a transaction; late filings limit how useful the data is for real-time signals.