Welcome to our dedicated page for First Natl SEC filings (Ticker: FXNC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Tracking net interest margin or watching credit reserves inside First National Corporation’s filings shouldn’t require an accounting background. Yet the typical annual report tops 200 pages. If you’ve ever typed “First National Corporation (FXNC) SEC filings explained simply” into a search bar, you already know the challenge. Investors want a direct path to the numbers that move community-bank valuations—capital ratios, loan concentrations, and insider trades—without wading through dense regulatory text.
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Report: Brad E. Schwartz, an officer (EVP - CFO) and director of FIRST NATIONAL CORP /VA/ (FXNC), was granted 5,000 restricted stock units (RSUs) on 08/13/2025. Each RSU represents a contingent right to receive one share of FXNC common stock and the award shows a $0 price, indicating a compensation grant rather than a purchase.
Vesting and ownership: The RSUs vest in one installment with 5,000 units scheduled to vest on 12/31/2027. Following the reported transaction, the filing shows 5,000 shares beneficially owned directly by the reporting person in the form of these RSUs.
William Simmons Wilkinson, a director of First National Corp (FXNC), acquired 1,500 shares of common stock on 08/13/2025 at a reported price of $0. After the transaction he beneficially owned 21,864 shares directly and 759 shares indirectly through Circle W Farms LLC. The Form 4 was signed by Christopher L Sugg by power of attorney on 08/14/2025.
James R. Wilkins III, a director of First National Corp (FXNC), reported an acquisition of 1,500 shares of common stock at a reported price of $0, increasing his direct beneficial ownership to 302,349 shares. The filing also discloses indirect holdings through named entities: Wilkins Investments LP 105,668, JRWIV Holdings LLC 9,987, GSW Holdings LLC 11,662, IBW Holdings LLC 7,820, LTW Holdings LLC 9,369, and spouse 1,631 shares.
Insider transaction reported: Director Norman D. Wagstaff Jr acquired 1,500 shares of First National Corp (FXNC) on 08/13/2025, bringing his direct beneficial ownership to 99,339 shares. The transaction is coded as an acquisition and the price is reported as $0. The Form 4 was signed by Christopher L. Sugg by power of attorney on 08/14/2025.
Gerald F. Smith Jr., a director of First National Corp (FXNC), reported an acquisition of 1,500 shares of common stock on 08/13/2025 at a reported price of $0, bringing his direct beneficial ownership to 41,655 shares. The Form 4 was filed by one reporting person and signed by Christopher L Sugg by power of attorney.
The filing lists multiple indirect holdings held through family trusts: 15,046, 245,124, 68,670, 17,724, 900, and 12,372 shares, with explanatory notes that Smith or his spouse serve as trustee or co-trustee and that the reporting person disclaims beneficial ownership for certain accounts. No derivative securities were reported.
Patel Kirtesh, identified as a director of First National Corp (FXNC), reported an acquisition of 1,500 shares of common stock on 08/13/2025 at a reported price of $0. Following the reported transaction the reporting person directly beneficially owned 32,611 shares. The Form 4 was filed by one reporting person and signed by Christopher L. Sugg by power of attorney on 08/14/2025.
FIRST NATL CORP (FXNC) director Toni T. Lee-Andrews reported an acquisition of 1,500 common shares on 08/13/2025 via a Form 4. The transaction is coded A (acquisition) with a reported price of $0, bringing her direct beneficial ownership to 5,603 shares. The form was signed by Christopher L. Sugg by power of attorney on 08/14/2025.
Holt George Edwin III, a director of First National Corp /VA/ (FXNC), reported an acquisition of 1,500 shares of the company's common stock on 08/13/2025. The transaction is coded as an acquisition and the price is recorded as $0 in the filing.
After the transaction the reporting person is shown as beneficially owning 43,387.1524 shares directly. The form also notes an additional 6,596 indirect shares of beneficial ownership. The Form 4 was filed by one reporting person and signed under power of attorney.
William Michael Funk, a director of First National Corp /VA/ (FXNC), reported an acquisition of 1,500 shares of the issuer's common stock at a reported price of $0. After the transaction the reporting person beneficially owns 18,670 shares directly. The Form 4 was filed by a single reporting person and shows no derivative transactions.
First National Corp (FXNC) director Elizabeth H. Cottrell reported acquiring 1,500 shares of common stock on 08/13/2025 at a reported price of $0. Following the transaction she directly beneficially owned 18,742 shares. The Form 4 was signed under power of attorney by Christopher L. Sugg on 08/14/2025. No derivative securities were reported.
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