Fauquier Bankshares's President and CEO just picked up 947 shares


Randy Kent Ferrell, Fauquier Bankshares's President and CEO and a director of the company, recently acquired 947 shares of the company. The buys took place at prices ranging from $0.00 to $13.70 per share, on March 11, 2014. Ferrell now owns 63,945 shares of the company. Ferrell operates out of Warrenton, VA. Some additional info was provided as follows:

This represents Common Stock earned pursuant to the Performance Award Agreement dated February 17, 2011. On March 11, 2014, 947 shares were delivered to the reporting person and 631 shares were withheld to cover tax liability. Performance stock units vested on December 31, 2013 in accordance with the Performance Award Agreement. Each performance stock unit is the equivalent of one share of FBSS common stock.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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