Virginia National Bankshares Corp (VABK) grants director 1,100 restricted shares
Rhea-AI Filing Summary
Virginia National Bankshares Corp director Linda M. Houston received a restricted stock grant of 1,100 shares of common stock on January 30, 2026. The shares were granted at a price of $0 per share and increase her directly held ownership to 14,127 shares.
The restricted stock vests in four equal annual installments beginning January 30, 2027, meaning a quarter of the grant becomes transferable each year over four years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,100 shares
Net Buy
1 txn
Insider
HOUSTON LINDA M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,100 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 14,127 shares (Direct)
Footnotes (1)
- F1. This restricted stock grant vests in four equal annual installments beginning January 30, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did VABK director Linda M. Houston report?
Linda M. Houston reported receiving a grant of 1,100 shares of Virginia National Bankshares Corp common stock. The Form 4 shows this as an acquisition of restricted stock at $0 per share, increasing her directly owned holdings to 14,127 shares after the transaction.
What are the vesting terms of Linda M. Houston’s VABK restricted stock?
The 1,100-share restricted stock grant to Linda M. Houston vests in four equal annual installments. Vesting begins on January 30, 2027, so one-quarter of the shares vest each year over four years, gradually becoming fully vested if she meets the vesting conditions.
Was Linda M. Houston’s VABK stock grant a direct or indirect holding?
The Form 4 identifies Linda M. Houston’s ownership as direct. The 1,100 restricted shares of Virginia National Bankshares Corp common stock, and the total 14,127 shares after the transaction, are reported with a direct ownership form and no noted indirect holding entity.
What transaction code was used in Linda M. Houston’s VABK Form 4?
The transaction is coded "A" on the Form 4, indicating an acquisition. It reflects a grant of 1,100 restricted shares of Virginia National Bankshares Corp common stock on January 30, 2026, rather than an open-market purchase or sale transaction.