First National director granted 1,113 FXNC shares

First National Corp /VA/ director Toni T Lee-Andrews reported an acquisition of 1,113 shares of Common Stock, $1.25 par value, identified as a grant or award transaction.

Rhea-AI Filing Summary

First National Corp /VA/ director Toni T Lee-Andrews reported an acquisition of 1,113 shares of Common Stock, $1.25 par value, identified as a grant or award transaction. The shares were acquired at a reported price of $0.00 per share, bringing the director’s direct holdings to 6,761.0659 shares after the transaction on 2026-08-12.

Insider Trade Summary

Grant/Award: 1,113 shares

Grant/Award 1 txn

Insider Lee-Andrews Toni T

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 — 6,761.0659 shares (Direct)

Key Figures

Shares acquired: 1,113 shares Price per share: $0.00 per share Shares owned after transaction: 6,761.0659 shares +1 more

4 metrics

Shares acquired 1,113 shares Grant, award, or other acquisition on 2026-08-12

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

Shares owned after transaction 6,761.0659 shares Direct holdings of Toni T Lee-Andrews following the grant

Security par value $1.25 par value Common Stock, $1.25 par value security title

Key Terms

Grant, award, or other acquisition, Common Stock, $1.25 par value, direct ownership

3 terms

Grant, award, or other acquisition financial

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

Common Stock, $1.25 par value financial

"Security titled Common Stock, $1.25 par value in the transaction"

direct ownership financial

"The filing classifies the holdings as direct ownership by the insider"

FAQ

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

What insider transaction did FXNC director Toni T Lee-Andrews report?

Toni T Lee-Andrews reported an acquisition of 1,113 shares of First National Corp common stock as a grant or award transaction on 2026-08-12, increasing the director’s direct ownership position.

How many FXNC shares does Toni T Lee-Andrews own after this transaction?

After the reported grant, Toni T Lee-Andrews directly owns 6,761.0659 shares of First National Corp common stock, as disclosed in the post-transaction holdings figure in the Form 4 filing.

What was the price per share for the FXNC stock acquired by Toni T Lee-Andrews?

The Form 4 reports a per-share price of $0.00 for the 1,113 shares acquired, consistent with the transaction being classified as a grant or award rather than a market purchase.

Was the FXNC insider transaction by Toni T Lee-Andrews a market buy or a grant?

The transaction is coded as A with the description Grant, award, or other acquisition, indicating that the 1,113 FXNC shares were received as a grant or award, not as an open-market purchase.

Is the FXNC stock held by Toni T Lee-Andrews reported as direct or indirect ownership?

The filing classifies the holdings as direct ownership, meaning the 6,761.0659 shares of First National Corp common stock following the transaction are reported as owned directly by Toni T Lee-Andrews.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 08/13/2026 - 03:40 PM Accepted by SEC EDGAR 08/13/2026 - 03:39 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^*

Lee-Andrews Toni T

(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	6,761.0659	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 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)