FVCBankcorp, Inc. Announces 2024 Annual Meeting of Shareholders

TL;DR

<b>FVCBankcorp, Inc. will hold its virtual Annual Meeting of Shareholders on May 15, 2024, to elect directors, vote on executive compensation, and ratify auditor appointments.</b>

AI Summary

FVCBankcorp, Inc. (FVCB) filed a Proxy Statement (DEF 14A) with the SEC on April 5, 2024. Annual Meeting scheduled for May 15, 2024, at 4:30 p.m. ET. Shareholders will vote on electing 12 directors for a one-year term. Advisory vote on executive compensation and frequency of say-on-pay votes. Ratification of Yount, Hyde & Barbour, P.C. as independent auditors for FY2024. Meeting will be held virtually online at https://apps.computershare.com/MeetingsShareholderWeb/Home?Code=MM7THKN&Locale=enM7THKN.

Why It Matters

For investors and stakeholders tracking FVCBankcorp, Inc., this filing contains several important signals. Shareholders have the opportunity to influence corporate governance by electing directors and providing advisory input on executive compensation. The ratification of the independent auditor is crucial for maintaining financial transparency and investor confidence.

Risk Assessment

Risk Level: low — FVCBankcorp, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial or operational concerns indicated.

Analyst Insight

Shareholders should review the director nominees and executive compensation proposals before the May 15, 2024 meeting to cast informed votes.

Key Numbers

• 12 — Directors to be elected (Number of directors to be elected for a one-year term.)
• 1 — Director term length (Directors will serve a one-year term until the next Annual Meeting.)
• 2024 — Audit year (The company's consolidated financial statements for the year ended December 31, 2024, will be audited.)

Key Players & Entities

• FVCBankcorp, Inc. (company) — Registrant and filer of the proxy statement.
• May 15, 2024 (date) — Date of the Annual Meeting of Shareholders.
• Yount, Hyde & Barbour, P.C. (company) — Proposed independent registered public accounting firm.
• December 31, 2024 (date) — Fiscal year end for which financial statements will be audited.
• https://apps.computershare.com/MeetingsShareholderWeb/Home?Code=MM7THKN&Locale=enM7THKN (url) — Web address for the virtual annual meeting.

FAQ

Risk Factors

• General Disclosure Requirements [low — regulatory]: The filing adheres to SEC regulations for proxy statements, including disclosure of director nominees, executive compensation, and auditor appointments.

Industry Context

FVCBankcorp, Inc. operates as a commercial bank. This filing is a standard proxy statement for its annual shareholder meeting.

Regulatory Implications

The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, requiring public companies to provide shareholders with information before soliciting their votes.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Evaluate the company's executive compensation practices and the advisory vote proposal.
3. Confirm the appointment of Yount, Hyde & Barbour, P.C. as the independent auditor.

Key Dates

• 2024-05-15: Annual Meeting of Shareholders — Shareholders will vote on key corporate matters including director elections and executive compensation.

Glossary

DEF 14A

Definitive Proxy Statement filed with the SEC. (This filing type indicates the company is seeking shareholder votes on specific matters.)

Say-on-Pay Vote

An advisory, non-binding shareholder vote on executive compensation. (Allows shareholders to express their views on the company's compensation policies for named executive officers.)

Year-Over-Year Comparison

This is the initial filing for the 2024 proxy statement, detailing the agenda for the upcoming annual shareholder meeting.

Key Financial Figures

• $0.01 — 1 shares of our common stock, par value $0.01 per share, outstanding, held by approxi
• $13,500 — y solicitor, for a fee of approximately $13,500, to assist it with the solicitation of

Filing Documents

• proxystatement-2024annualm.htm (DEF 14A) — 365KB
• a03yu9c_fvcbankcorpxcommon.gif (GRAPHIC) — 40KB
• a03yu9c_fvcbankcorpxcommon.jpg (GRAPHIC) — 143KB
• image_1a.jpg (GRAPHIC) — 0KB
• image_3.jpg (GRAPHIC) — 0KB
• image_5.jpg (GRAPHIC) — 0KB
• paidvsnetincome.jpg (GRAPHIC) — 143KB
• paidvstsr1.jpg (GRAPHIC) — 123KB
• signature.jpg (GRAPHIC) — 26KB
• 0001675644-24-000058.txt (&nbsp;) — 1021KB

Security Ownership of Directors, Executive Officers and Certain Beneficial Owners

Security Ownership of Directors, Executive Officers and Certain Beneficial Owners The following table sets forth information about the beneficial ownership of our common stock as of March 25, 2024, for each of our directors and named executive officers individually all of our directors and executive officers as a group and each person known to us to be the beneficial owner of more than 5% of our common stock We have determined beneficial ownership in accordance with the rules of the Securities and Exchange Commission ("SEC"). These rules generally provide that a person is the beneficial owner of securities if such person has or shares the power to vote or direct the voting of securities, or to dispose or direct the disposition of securities, or has the right to acquire such powers within 60 days. Restricted stock units held by our directors and executive officers that vest within 60 days of March 25, 2024 total 21,902 units. For purposes of calculating each person's percentage ownership, common stock issuable pursuant to equity awards within 60 days are included as outstanding and beneficially owned for that person or group, but are not deemed outstanding for the purposes of computing the percentage ownership of any other person. Except as disclosed in the footnotes to this table, we believe that each beneficial owner identified in the table possesses sole voting and investment power over all our common stock shown as beneficially owned by the beneficial owner. The percentage of beneficial ownership is based on 17,877,051 shares of common stock outstanding at March 25, 2024. 4 Name (1) Common Stock Beneficially Owned Exercisable Options Included in Common Stock Beneficially Owned Percentage of Class Directors Marc N. Duber 3,668 - * Patricia A. Ferrick (2) 246,857 110,348 1.37 % L. Burwell Gunn 111,689 62,984 * Meena Krishnan 19,400 - * Scott Laughlin 210,893 70,309 1.18 % David W. Pijor (2) 732,057 292,

View Full Filing

View this DEF 14A filing on SEC EDGAR