secwatch.observer — SEC 8-K summary
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Issuer:     FVCBankcorp, Inc. (FVCB)
CIK:        0001675644
Form:       8-K
Filed at:   2023-03-16T23:59:59+00:00
Accession:  0001675644-23-000034
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FVCBankcorp renews share repurchase program for up to 1.3M shares (8% of outstanding)
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- Board authorized repurchase of up to 1,300,000 common shares (~8% of outstanding at Dec 31, 2022).
- Program expires on March 31, 2024; repurchases at management's discretion based on market conditions.
- Under prior program, ~138,000 shares were repurchased at an average price of $14.16.
- Repurchased shares will be cancelled and revert to authorized but unissued shares.
- Repurchases may be made via open market, block trades, or privately negotiated transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1675644/000167564423000034/0001675644-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1675644/000167564423000034/fvcb-20230316.htm
  HTML page:      https://secwatch.observer/filing/0001675644-23-000034

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