F & M Bank Corporation

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On September 24, 2026, Michael W. Pugh retired from the Board of Directors of F & M Bank Corp. (the “Company”), effective immediately, having reached the mandatory retirement age set forth in the Company’s amended and restated bylaws. (e) On September 24, 2026, the Board of Directors of the Company approved an amendment to the Company’s 2020 Stock Incentive Plan (the “2020 Plan”). The amendment increased the number of shares of the Company’s common stock that may be issued pursuant to awards under the 2020 Plan from 200,000 shares to 500,000 shares. On the same date, the Board of Directors of the Company also approved an amendment to the Company’s 2023 Directors Stock Incentive Plan (the “2023 Plan”). The amendment increased the number of shares of the Company’s common stock that may be issued pursuant to awards under the 2023 Plan from 25,000 shares to 100,000 shares. The description of the amendments to the 2020 Plan and the 2023 Plan contained herein do not purport to be complete and are qualified in their entirety by reference to the full text of the amendments, which are filed as Exhibit 10.1 and Exhibit 10.2 and incorporated herein by reference.