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First National Corp (FXNC) director Jason Aikens receives 1,113-share stock grant

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AIKENS JASON C reported acquisition or exercise transactions in this Form 4 filing.

FIRST NATIONAL CORP /VA/ director Jason C. Aikens received a grant of 1,113 shares of Common Stock on 2026-08-12 in a compensation-related award (no cash price stated, shown at $0.0000 per share). Following this grant, he holds 11,407.2402 shares directly and, per a footnote, an additional 15,798.1859 indirect shares.

Positive

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Negative

  • None.
Insider AIKENS JASON C
Role Director
Type Security Shares Price Value
Grant/Award Common Stock, $1.25 par value F1 1,113 $0.00 $0.00
Holdings After Transaction: Common Stock, $1.25 par value — 11,407.2402 shares (Direct)
Footnotes (1)
  1. F1. Owns an additional 15,798.1859 indirect shares.
Shares granted 1,113 shares Non-derivative Common Stock grant on 2026-08-12
Grant price per share $0.0000 Reported per-share value for the 1,113-share award
Direct holdings after transaction 11,407.2402 shares Direct Common Stock owned by Jason C. Aikens following the grant
Indirect holdings noted 15,798.1859 shares Additional indirect shares owned as disclosed in the footnote
non-derivative financial
"The transaction is reported as a non-derivative security transaction."
Grant, award, or other acquisition financial
"The transaction code description is Grant, award, or other acquisition."
indirect shares financial
"A footnote states he owns an additional 15,798.1859 indirect shares."

FAQ

What insider transaction did FIRST NATIONAL CORP /VA/ (FXNC) report for Jason C. Aikens?

FIRST NATIONAL CORP /VA/ reported that director Jason C. Aikens received a grant of 1,113 shares of Common Stock on 2026-08-12. The Form 4 classifies this as a grant, award, or other acquisition transaction.

How many FXNC shares were granted to Jason C. Aikens in this Form 4 filing?

The filing shows that 1,113 shares of FIRST NATIONAL CORP /VA/ Common Stock were acquired as a grant/award. These are non-derivative shares, reported at a per-share price of $0.0000, reflecting a compensation award rather than a market purchase.

What are Jason C. Aikens’ holdings in FIRST NATIONAL CORP /VA/ (FXNC) after the reported grant?

After the 1,113-share grant, Aikens directly holds 11,407.2402 shares of FIRST NATIONAL CORP /VA/ Common Stock. A footnote further states that he owns an additional 15,798.1859 indirect shares, separate from his direct holdings.

Was the FXNC insider share grant to Jason C. Aikens made under a Rule 10b5-1 trading plan?

No. The Form 4’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and there is no footnote indicating a pre-arranged trading plan. The transaction is instead classified simply as a grant, award, or other acquisition of shares.

What type of security did Jason C. Aikens acquire in the FXNC Form 4 filing?

The transaction involves Common Stock, $1.25 par value of FIRST NATIONAL CORP /VA/. The Form 4 lists this as a non-derivative security, meaning it is actual common shares rather than options or other derivative instruments.

How are indirect holdings reported for Jason C. Aikens in the FXNC Form 4?

A footnote attached to the ownership information states that Aikens owns an additional 15,798.1859 indirect shares. These are reported separately from his 11,407.2402 directly owned shares, indicating holdings through another form of beneficial ownership.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
AIKENS JASON C

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, $1.25 par value08/12/2026A1,113A$011,407.2402D(1)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Owns an additional 15,798.1859 indirect shares.
/s/ Christopher L Suggs, by Power of Attorney08/13/2026
** Signature of Reporting PersonDate
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)