Virginia National Bankshares Corp (VABK) director reports 254 indirect shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Virginia National Bankshares Corp director Robert Lee Burrows Jr. filed an initial ownership report on the company’s common stock. The Form 3 shows indirect ownership of 254 shares of common stock, held in an entity described as RLB CRUT, with no buy or sell transaction reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burrows Robert Lee Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 254 shares (Indirect, in RLB CRUT)
Footnotes (1)
FAQ
What is the significance of indirect ownership in RLB CRUT for VABK’s Form 3?
Indirect ownership in RLB CRUT means the 254 VABK common shares are held through that entity rather than directly by the director. The Form 3 records this structure to clarify how the reported beneficial ownership is held and attributed.