First National director granted 1,113 FXNC shares

First National Corp (FXNC) director James R. Wilkins III reported a grant or award acquisition of 1,113 shares of Common Stock, $1.25 par value, on 2026-08-12 at a stated price of $0.00 per share, bringing his directly held shares to 303,462.

Rhea-AI Filing Summary

First National Corp (FXNC) director James R. Wilkins III reported a grant or award acquisition of 1,113 shares of Common Stock, $1.25 par value, on 2026-08-12 at a stated price of $0.00 per share, bringing his directly held shares to 303,462.

He also reports indirect ownership positions, including 105,668 shares by Wilkins Investments LP, 9,987 by JRWIV Holdings LLC, 11,662 by GSW Holdings LLC, 7,820 by IBW Holdings LLC, 9,369 by LTW Holdings LLC, and 1,631 held by his spouse.

Insider Trade Summary

Grant/Award: 1,113 shares

Grant/Award 7 txns

Insider WILKINS III JAMES R

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	--	--	--
holding	Common Stock, $1.25 par value	--	--	--
holding	Common Stock, $1.25 par value	--	--	--
holding	Common Stock, $1.25 par value	--	--	--
holding	Common Stock, $1.25 par value	--	--	--
holding	Common Stock, $1.25 par value	--	--	--

Holdings After Transaction: Common Stock, $1.25 par value — 303,462 shares (Direct); Common Stock, $1.25 par value — 105,668 shares (Indirect, By Wilkins Investments LP); Common Stock, $1.25 par value — 9,987 shares (Indirect, By JRWIV Holdings LLC); Common Stock, $1.25 par value — 11,662 shares (Indirect, By GSW Holdings LLC); Common Stock, $1.25 par value — 7,820 shares (Indirect, By IBW Holdings LLC); Common Stock, $1.25 par value — 9,369 shares (Indirect, By LTW Holdings LLC); Common Stock, $1.25 par value — 1,631 shares (Indirect, By Cara Lewin Wilkins (spouse))

Key Figures

Shares granted: 1,113 shares Direct holdings after grant: 303,462 shares Wilkins Investments LP indirect holdings: 105,668 shares +5 more

8 metrics

Shares granted 1,113 shares Grant or award acquisition of Common Stock on 2026-08-12

Direct holdings after grant 303,462 shares Total directly owned FXNC Common Stock following the transaction

Wilkins Investments LP indirect holdings 105,668 shares Indirect ownership reported as By Wilkins Investments LP

JRWIV Holdings LLC indirect holdings 9,987 shares Indirect ownership reported as By JRWIV Holdings LLC

GSW Holdings LLC indirect holdings 11,662 shares Indirect ownership reported as By GSW Holdings LLC

IBW Holdings LLC indirect holdings 7,820 shares Indirect ownership reported as By IBW Holdings LLC

LTW Holdings LLC indirect holdings 9,369 shares Indirect ownership reported as By LTW Holdings LLC

Spouse indirect holdings 1,631 shares Indirect ownership reported as By Cara Lewin Wilkins (spouse)

Key Terms

grant/award acquisition, indirect ownership, Common Stock, $1.25 par value

3 terms

grant/award acquisition financial

"transaction_action is described as grant/award acquisition of 1,113 shares"

indirect ownership financial

"Entries list indirect ownership such as By Wilkins Investments LP"

Common Stock, $1.25 par value financial

"Security title is stated as Common Stock, $1.25 par value"

FAQ

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

What insider transaction did FXNC director James R. Wilkins III report?

James R. Wilkins III reported a grant or award acquisition of 1,113 shares of First National Corp Common Stock on 2026-08-12, recorded at a per-share price of $0.00 and classified as a direct ownership transaction.

How many FXNC shares does James R. Wilkins III hold directly after this Form 4?

Following the reported grant, James R. Wilkins III holds 303,462 FXNC Common Stock shares directly. This figure is disclosed as the total shares following the transaction for his direct ownership line item on the Form 4.

What indirect FXNC shareholdings are associated with James R. Wilkins III?

Indirect FXNC holdings include 105,668 shares by Wilkins Investments LP, 9,987 by JRWIV Holdings LLC, 11,662 by GSW Holdings LLC, 7,820 by IBW Holdings LLC, 9,369 by LTW Holdings LLC, and 1,631 held by his spouse.

Was the FXNC insider transaction under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is false, indicating the reported FXNC transactions were not affirmed as being executed under a Rule 10b5-1 trading plan according to the form’s plan-status section.

What type of security did the FXNC Form 4 transaction involve?

The transaction involved Common Stock, $1.25 par value, of First National Corp (FXNC). The Form 4 lists this class of security for both the 1,113-share grant and all reported direct and indirect holdings.

Did the FXNC Form 4 report any insider sales or exercises?

The Form 4 reports no sales or option exercises. It lists one grant/award acquisition of 1,113 shares and several holding entries, with the transaction summary showing zero sells and zero exercises.

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

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Available on EDGAR 08/13/2026 - 03:50 PM Accepted by SEC EDGAR 08/13/2026 - 03:49 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^*

WILKINS III JAMES R

(Last) (First) (Middle)

112 W KING ST

(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	303,462	D
Common Stock, $1.25 par value								105,668	I	By Wilkins Investments LP
Common Stock, $1.25 par value								9,987	I	By JRWIV Holdings LLC
Common Stock, $1.25 par value								11,662	I	By GSW Holdings LLC
Common Stock, $1.25 par value								7,820	I	By IBW Holdings LLC
Common Stock, $1.25 par value								9,369	I	By LTW Holdings LLC
Common Stock, $1.25 par value								1,631	I	By Cara Lewin Wilkins (spouse)

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)