First National Corp (FXNC) director Kirtesh Patel awarded 1,113 common shares
Rhea-AI Filing Summary
FIRST NATIONAL CORP /VA/ director Kirtesh Patel received an equity award of common stock. On August 12, 2026, Patel acquired 1,113 shares of Common Stock, $1.25 par value, through a grant or award at a reported price of $0.00 per share, increasing his directly held stake to 33,724 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,113 shares
Net Buy
1 txn
Insider
Patel Kirtesh
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $1.25 par value | 1,113 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $1.25 par value — 33,724 shares (Direct)
Key Figures
Shares acquired: 1,113 shares
Transaction price per share: $0.00 per share
Shares owned after transaction: 33,724 shares
+1 more
4 metrics
Shares acquired
1,113 shares
Grant, award, or other acquisition of common stock on August 12, 2026
Transaction price per share
$0.00 per share
Reported for the 1,113-share grant of common stock
Shares owned after transaction
33,724 shares
Total directly held common shares after the August 12, 2026 grant
Par value of common stock
$1.25 par value
Security title: Common Stock, $1.25 par value
Key Terms
Grant, award, or other acquisition, Common Stock, $1.25 par value, non-derivative
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock, $1.25 par value financial
"security_title: Common Stock, $1.25 par value"
non-derivative financial
"transaction_type: non-derivative"
FAQ
What did FXNC director Kirtesh Patel report in this Form 4?
Kirtesh Patel reported acquiring 1,113 shares of FIRST NATIONAL CORP /VA/ Common Stock, $1.25 par value, as a grant or award on August 12, 2026, with no per-share price paid.
Was the FXNC stock acquired by Kirtesh Patel a market purchase?
No. The 1,113 FXNC shares were reported as a grant, award, or other acquisition with a transaction price of $0.00 per share, indicating a compensation-related award rather than an open-market purchase.
What type of security did Kirtesh Patel acquire from FIRST NATIONAL CORP /VA/ (FXNC)?
The transaction involved Common Stock, $1.25 par value, of FIRST NATIONAL CORP /VA/. Patel received 1,113 shares in a reported grant or award, increasing his directly owned total to 33,724 shares.
Does this FXNC Form 4 involve any derivative securities or option exercises?
No. The filing reports only a non-derivative acquisition of 1,113 shares of common stock. The derivative securities summary shows no derivative transactions or remaining derivative positions in this particular Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
