First National Corp (FXNC) director awarded 1,113 common shares in stock grant

Rhea-AI Filing Summary

Wilkinson William Simmons reported acquisition or exercise transactions in this Form 4 filing.

First National Corp (FXNC) director William Simmons Wilkinson reported a grant of 1,113 shares of common stock on August 12, 2026, at a stated price of $0.00 per share, increasing his directly held position to 22,977 shares. He also reports 759 shares held indirectly through Circle W Farms LLC.

Insider Trade Summary

Net Buyer: 1,113 shares

Net Buy 2 txns

Insider Wilkinson William Simmons

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $1.25 par value	1,113	$0.00	$0.00
holding	Common Stock, $1.25 par value	--	--	--

Holdings After Transaction: Common Stock, $1.25 par value — 22,977 shares (Direct); Common Stock, $1.25 par value — 759 shares (Indirect, By Circle W Farms LLC)

Key Figures

Shares granted: 1,113 shares Direct holdings after transaction: 22,977 shares Indirect holdings: 759 shares +1 more

4 metrics

Shares granted 1,113 shares Grant, award, or other acquisition on August 12, 2026

Direct holdings after transaction 22,977 shares Common Stock, $1.25 par value, held directly by Wilkinson

Indirect holdings 759 shares Common Stock held indirectly by Circle W Farms LLC

Reported price per share $0.00 per share Stated for the 1,113-share grant transaction

Key Terms

Grant, award, or other acquisition, indirect ownership, Rule 10b5-1

3 terms

Grant, award, or other acquisition financial

"Transaction code A is described as “Grant, award, or other acquisition”"

indirect ownership financial

"Total shares following transaction of 759.0000 reported as indirect ownership"

Rule 10b5-1 regulatory

"The Rule 10b5-1 checkbox (aff_10b5_one) is marked false for this filing"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did FXNC director William Simmons Wilkinson report?

Wilkinson reported a grant of 1,113 shares of First National Corp common stock on August 12, 2026, at a stated price of $0.00 per share, classified as a grant, award, or other acquisition.

How many FXNC shares does William Simmons Wilkinson hold after this transaction?

After the reported grant, Wilkinson directly holds 22,977 shares of First National Corp common stock. He also reports an indirect holding of 759 shares through Circle W Farms LLC.

Was the FXNC share acquisition by Wilkinson a market purchase or a grant?

The filing classifies the acquisition of 1,113 FXNC shares as a “Grant, award, or other acquisition” under transaction code A, not as an open-market purchase or sale.

Does William Simmons Wilkinson have indirect ownership of FXNC shares?

Yes. In addition to his direct holdings, Wilkinson reports 759 FXNC shares held indirectly, with the nature of ownership described as “By Circle W Farms LLC.”

Is Wilkinson’s FXNC transaction reported under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is marked false, indicating the reported FXNC transactions are not affirmed as being made under a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/13/2026 - 03:42 PM Accepted by SEC EDGAR 08/13/2026 - 03:41 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wilkinson William Simmons

(Last) (First) (Middle)

112 WEST KING STREET

(Street)

STRASBURG VIRGINIA 22657

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST NATIONAL CORP /VA/ [ FXNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $1.25 par value	08/12/2026		A		1,113	A	$0	22,977	D
Common Stock, $1.25 par value								759	I	By Circle W Farms LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Christopher L Suggs, by Power of Attorney	08/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)