NATIONAL BANKSHARES (NKSH) director granted 221-share time-based stock award
Rhea-AI Filing Summary
Dooley John Elliott reported acquisition or exercise transactions in this Form 4 filing.
NATIONAL BANKSHARES INC director John Elliott Dooley received 221 shares of common stock as a time-based stock award on June 10, 2026. The award was granted at no cash price and will vest on the one-year anniversary. After this grant, he directly holds 14,426 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 221 shares
Net Buy
1 txn
Insider
Dooley John Elliott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 221 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 14,426 shares (Direct)
Footnotes (1)
- F1. Grant of time-based stock award. The award will vest on the one-year anniversary.
Key Figures
Shares granted: 221 shares
Grant price: $0.0000 per share
Shares held after grant: 14,426 shares
+2 more
5 metrics
Shares granted
221 shares
Time-based stock award on June 10, 2026
Grant price
$0.0000 per share
Equity compensation grant, not market purchase
Shares held after grant
14,426 shares
Direct ownership following the reported transaction
Transaction code
A
Grant, award, or other acquisition of common stock
Transaction direction
Acquire
Equity award increases direct holdings
Key Terms
time-based stock award, Form 4, transaction code "A", equity compensation
4 terms
time-based stock award financial
"Grant of time-based stock award. The award will vest on the one-year anniversary."
Form 4 regulatory
"This Form 4 shows only an acquisition coded as a grant or award of 221 common shares."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "A" regulatory
"Transaction code “A” in the NKSH Form 4 indicates a grant, award, or other acquisition."
equity compensation financial
"The grant was recorded as equity-based compensation rather than a market purchase."
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Was the NKSH insider transaction a stock purchase or a compensation grant?
The NKSH transaction was a compensation grant, not a market purchase. John Elliott Dooley received 221 common shares as a time-based stock award, with a zero dollar per-share price, indicating an equity award rather than an open-market buy.
When will John Elliott Dooley’s NKSH stock award vest?
The award will vest on the one-year anniversary of the grant date. The footnote specifies it is a time-based stock award, meaning Dooley must remain eligible over that year for the 221 shares to fully vest.
What does transaction code “A” mean in the NKSH Form 4 filing?
Transaction code “A” in the NKSH Form 4 indicates a grant, award, or other acquisition. In this case, it reflects a time-based stock award of 221 shares to director John Elliott Dooley that will vest after one year.