National Bankshares (NKSH) director awarded 219 common shares

Rhea-AI Filing Summary

National Bankshares, Inc. director Glenn P. Reynolds reported receiving a grant of 219 shares of common stock on 12/10/2025 as a time-based stock award.

The award was granted at a price of $0 and will vest on the one-year anniversary. After this grant, he beneficially owns 6,944 shares directly and 3,033 shares indirectly through his spouse.

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

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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^*

Reynolds Glenn P

(Last) (First) (Middle)

1101 CALDWELL DRIVE

(Street)

BLACKSBURG VA 24060

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NATIONAL BANKSHARES INC [ NKSH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/10/2025		A		219(1)	A	$0	6,944	D
Common Stock								3,033	I	by 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:

1. Grant of a time-based stock award. The award will vest on the one-year anniversary.

	/s/Glenn P. Reynolds	12/11/2025
	** 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.

FAQ

What insider transaction did NATIONAL BANKSHARES INC (NKSH) report here?

The report shows that director Glenn P. Reynolds received a time-based stock award of 219 shares of NATIONAL BANKSHARES INC common stock on 12/10/2025.

How many NKSH shares were granted to the director in this award?

Director Glenn P. Reynolds was granted 219 shares of NATIONAL BANKSHARES INC common stock as part of a time-based stock award.

What is Glenn P. Reynolds' relationship to NATIONAL BANKSHARES INC (NKSH)?

Glenn P. Reynolds is listed as a Director of NATIONAL BANKSHARES INC and is not shown as a 10% owner or officer in this report.

When did the reported NKSH stock award transaction take place?

The transaction date for the stock award to Glenn P. Reynolds is 12/10/2025, as disclosed in the non-derivative securities table.

How many NATIONAL BANKSHARES INC (NKSH) shares does the director own after the transaction?

Following the grant, Glenn P. Reynolds beneficially owns 6,944 shares of NKSH common stock directly and 3,033 shares indirectly through his spouse.

When will the granted NKSH stock award vest?

The explanation states that this is a grant of a time-based stock award and that the award will vest on the one-year anniversary.