Virginia National Bankshares (VABK) CEO granted 9,164 restricted shares, now holds 78,522

Rhea-AI Filing Summary

Virginia National Bankshares Corp’s President and CEO, Rust Glenn W, reported an equity award of common stock. On January 30, 2026, he acquired 9,164 shares of common stock at a price of $0, reflecting a restricted stock grant rather than an open-market purchase.

After this grant, he beneficially owns 78,522 shares of Virginia National Bankshares common stock in direct form. The award is structured to vest in four equal annual installments beginning on January 30, 2027, aligning the CEO’s compensation with long-term company performance.

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^*

Rust Glenn W

(Last) (First) (Middle)

404 PEOPLE PLACE

(Street)

CHARLOTTESVILLE VA 22911

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Virginia National Bankshares Corp [ VABK ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		A		9,164(1)	A	$0	78,522	D

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. This restricted stock grant vests in four equal annual installments beginning January 30, 2027.

	/s/ Cathy W. Liles, Attorney-in-fact	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did Virginia National Bankshares (VABK) CEO report in this Form 4?

The CEO, Rust Glenn W, reported receiving 9,164 shares of Virginia National Bankshares common stock as a restricted stock grant. The shares were acquired at a price of $0 and increased his direct beneficial ownership to 78,522 shares.

When did the Virginia National Bankshares (VABK) CEO’s stock grant occur?

The restricted stock grant to Virginia National Bankshares CEO Rust Glenn W occurred on January 30, 2026. This date is reported as the transaction date and is the earliest transaction date disclosed in the filing for this award.

How many Virginia National Bankshares (VABK) shares does the CEO own after this grant?

Following the restricted stock grant, CEO Rust Glenn W beneficially owns 78,522 shares of Virginia National Bankshares common stock. This figure reflects his direct ownership position after adding the 9,164 newly granted restricted shares reported in the filing.

What are the vesting terms of the Virginia National Bankshares (VABK) restricted stock?

The 9,164-share restricted stock grant to the Virginia National Bankshares CEO vests in four equal annual installments. Vesting begins on January 30, 2027, meaning one-quarter of the grant becomes fully owned each year starting on that date.

Is the Virginia National Bankshares (VABK) CEO’s transaction a purchase or a grant?

The transaction is a restricted stock grant, not an open-market purchase. The Form 4 shows 9,164 shares of common stock acquired at a price of $0, which is typical for equity compensation awards granted by the issuer to an executive.

What role does Rust Glenn W hold at Virginia National Bankshares (VABK)?

Rust Glenn W serves as both President and Chief Executive Officer of Virginia National Bankshares and is also a director. These roles are identified in the filing’s relationship section, confirming his senior leadership and board responsibilities at the company.