Report: Brad E. Schwartz, an officer (EVP - CFO) and director of FIRST NATIONAL CORP /VA/ (FXNC), was granted 5,000 restricted stock units (RSUs) on 08/13/2025. Each RSU represents a contingent right to receive one share of FXNC common stock and the award shows a $0 price, indicating a compensation grant rather than a purchase.
Vesting and ownership: The RSUs vest in one installment with 5,000 units scheduled to vest on 12/31/2027. Following the reported transaction, the filing shows 5,000 shares beneficially owned directly by the reporting person in the form of these RSUs.
William Simmons Wilkinson, a director of First National Corp (FXNC), acquired 1,500 shares of common stock on 08/13/2025 at a reported price of $0. After the transaction he beneficially owned 21,864 shares directly and 759 shares indirectly through Circle W Farms LLC. The Form 4 was signed by Christopher L Sugg by power of attorney on 08/14/2025.
James R. Wilkins III, a director of First National Corp (FXNC), reported an acquisition of 1,500 shares of common stock at a reported price of $0, increasing his direct beneficial ownership to 302,349 shares. The filing also discloses indirect holdings through named entities: Wilkins Investments LP 105,668, JRWIV Holdings LLC 9,987, GSW Holdings LLC 11,662, IBW Holdings LLC 7,820, LTW Holdings LLC 9,369, and spouse 1,631 shares.
Insider transaction reported: Director Norman D. Wagstaff Jr acquired 1,500 shares of First National Corp (FXNC) on 08/13/2025, bringing his direct beneficial ownership to 99,339 shares. The transaction is coded as an acquisition and the price is reported as $0. The Form 4 was signed by Christopher L. Sugg by power of attorney on 08/14/2025.
Gerald F. Smith Jr., a director of First National Corp (FXNC), reported an acquisition of 1,500 shares of common stock on 08/13/2025 at a reported price of $0, bringing his direct beneficial ownership to 41,655 shares. The Form 4 was filed by one reporting person and signed by Christopher L Sugg by power of attorney.
The filing lists multiple indirect holdings held through family trusts: 15,046, 245,124, 68,670, 17,724, 900, and 12,372 shares, with explanatory notes that Smith or his spouse serve as trustee or co-trustee and that the reporting person disclaims beneficial ownership for certain accounts. No derivative securities were reported.
Patel Kirtesh, identified as a director of First National Corp (FXNC), reported an acquisition of 1,500 shares of common stock on 08/13/2025 at a reported price of $0. Following the reported transaction the reporting person directly beneficially owned 32,611 shares. The Form 4 was filed by one reporting person and signed by Christopher L. Sugg by power of attorney on 08/14/2025.
FIRST NATL CORP (FXNC) director Toni T. Lee-Andrews reported an acquisition of 1,500 common shares on 08/13/2025 via a Form 4. The transaction is coded A (acquisition) with a reported price of $0, bringing her direct beneficial ownership to 5,603 shares. The form was signed by Christopher L. Sugg by power of attorney on 08/14/2025.
Holt George Edwin III, a director of First National Corp /VA/ (FXNC), reported an acquisition of 1,500 shares of the company's common stock on 08/13/2025. The transaction is coded as an acquisition and the price is recorded as $0 in the filing.
After the transaction the reporting person is shown as beneficially owning 43,387.1524 shares directly. The form also notes an additional 6,596 indirect shares of beneficial ownership. The Form 4 was filed by one reporting person and signed under power of attorney.
William Michael Funk, a director of First National Corp /VA/ (FXNC), reported an acquisition of 1,500 shares of the issuer's common stock at a reported price of $0. After the transaction the reporting person beneficially owns 18,670 shares directly. The Form 4 was filed by a single reporting person and shows no derivative transactions.
First National Corp (FXNC) director Elizabeth H. Cottrell reported acquiring 1,500 shares of common stock on 08/13/2025 at a reported price of $0. Following the transaction she directly beneficially owned 18,742 shares. The Form 4 was signed under power of attorney by Christopher L. Sugg on 08/14/2025. No derivative securities were reported.