[8-K] FIRST NATL CORP STRASBURG VA Reports Material Event

Rhea-AI Filing Summary

First National Corporation announced that its board declared a quarterly cash dividend of $0.155 per common share. The dividend is payable on September 12, 2025 to shareholders of record as of August 29, 2025.

This disclosure is a routine corporate distribution of earnings to common shareholders and specifies the per-share amount and the dates for record and payment. The filing lists the companys principal office in Strasburg, Virginia, and identifies its common stock trading under the ticker FXNC on The Nasdaq Stock Market.

Positive

• Declared quarterly cash dividend of $0.155 per common share
• Clear payment and record dates provided: payable September 12, 2025; record date August 29, 2025
• Common stock ticker disclosed as FXNC on The Nasdaq Stock Market, confirming trading venue

Negative

• None.

Insights

Financial Analyst

TL;DR: Board declared a routine quarterly cash dividend of $0.155 per share; this is a predictable shareholder payout, not an operational change.

The dividend of $0.155 per common share is a direct cash return to shareholders and signals managements continued willingness to distribute capital rather than retain all earnings. The filing provides exact record and payable dates, enabling investors to determine eligibility for the payment. There are no accompanying financial statements or commentary in this item to assess coverage, funding source, or impact on capital ratios.

Corporate Governance Expert

TL;DR: Routine governance action: the board authorized a quarterly dividend with specified record and payment dates; no governance changes reported.

The disclosure documents the boards affirmative action to declare a dividend of $0.155 per share and includes standard administrative details (record date and payment date). The filing does not include information about board rationale, dividend policy changes, or any accompanying corporate governance actions, so this item appears procedural and consistent with ongoing shareholder distributions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

___________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 13, 2025

___________

FIRST NATIONAL CORPORATION

(Exact name of registrant as specified in its charter)

Virginia (State or other jurisdiction of incorporation) 1-38874 (Commission File Number) 54-1232965 (IRS Employer Identification No.)

112 West King Street Strasburg, Virginia (Address of principal executive offices)   22657 (Zip Code)

(540) 465-9121

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $1.25 per share	FXNC	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

      Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 8.01 Other Events.

On August 13, 2025, the Board of Directors of the Company declared a quarterly cash dividend of $0.155 per common share, which is payable on September 12, 2025 to shareholders of record as of August 29, 2025.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. 

Exhibit No.	Description
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FIRST NATIONAL CORPORATION
	(Registrant)
Date:  August 14, 2025	By:	/s/ Brad E. Schwartz
		Brad E. Schwartz
		Executive Vice President and Chief Financial Officer

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FAQ

What dividend did First National Corporation (FXNC) declare?

The board declared a quarterly cash dividend of $0.155 per common share.

When will FXNC's declared dividend be paid?

The dividend is payable on September 12, 2025.

What is the record date for FXNC's dividend eligibility?

Shareholders of record as of August 29, 2025 will be eligible to receive the dividend.

On which exchange does First National Corporation trade and what is its ticker?

First National Corporation's common stock trades on The Nasdaq Stock Market under the ticker FXNC.

Does the filing include financial statements or explanations for the dividend?

No; the filing lists the dividend declaration and dates but does not provide financial statements or discussion of funding sources.