F&M Bank Corp amends 2020 Stock Incentive Plan to define Retirement and clarify clawback provisions

F&M Bank Corp's board approved amendments to its 2020 Stock Incentive Plan that add a formal definition of Retirement, grant the Committee discretion to accelerate vesting upon Retirement, and clarify clawback recovery provisions. The non-material amendments do not require shareholder approval and modernize the plan's governance framework.