FXNC CFO reports stock grant and tax share withholding

First National Corp EVP-CFO Brad E. Schwartz reported routine stock transactions.

Rhea-AI Filing Summary

First National Corp EVP-CFO Brad E. Schwartz reported routine stock transactions. On February 15, 2026, he acquired 728 shares of common stock as a grant at $0.00 per share and had 258 shares withheld at $28.21 per share to cover taxes, leaving him with 5,470 directly owned shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Schwartz Brad E

Role EVP - CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $1.25 par value	728	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock, $1.25 par value	258	$28.21	$7K

Holdings After Transaction: Common Stock, $1.25 par value — 5,470 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did FXNC executive Brad E. Schwartz report on February 15, 2026?

Brad E. Schwartz reported two FXNC transactions on February 15, 2026. He received a grant of 728 shares of common stock at $0.00 per share and had 258 shares withheld at $28.21 per share to satisfy tax obligations related to the award.

How many First National Corp (FXNC) shares does Brad E. Schwartz own after the reported Form 4?

After the February 15, 2026 transactions, Brad E. Schwartz directly owns 5,470 shares of First National Corp common stock. This figure reflects both the 728-share award and the 258-share tax-withholding disposition reported in the insider filing.

Was the FXNC insider transaction by Brad E. Schwartz a stock purchase or a share grant?

The FXNC transaction was a share grant, not an open-market purchase. Schwartz acquired 728 shares at $0.00 per share under transaction code “A,” which indicates a grant, award, or other acquisition rather than a typical market buy order.

Why were 258 FXNC shares disposed of in Brad E. Schwartz’s Form 4 filing?

The 258 FXNC shares were disposed of to cover tax obligations. The transaction used code “F,” meaning payment of exercise price or tax liability by delivering securities, at a price of $28.21 per share, reducing his direct holdings to 5,470 shares.

What role does Brad E. Schwartz hold at First National Corp (FXNC)?

Brad E. Schwartz serves as Executive Vice President and Chief Financial Officer of First National Corp. His Form 4 filing reflects equity compensation activity and related tax-withholding, which are common components of senior executive compensation structures at public companies.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 02/17/2026 - 04:01 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^*

Schwartz Brad E

(Last) (First) (Middle)

112 W KING ST

(Street)

STRASBURG VA 22657

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

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

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

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

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	02/15/2026		A		728	A	$0	5,728	D
Common Stock, $1.25 par value	02/15/2026		F		258	D	$28.21	5,470	D

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 Suggs by Power of Attorney	02/17/2026
	** 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.