Virginia National director acquires 3,937 shares

The option vested in five equal installments on May 17, 2019, May 17, 2020, May 17, 2021, May 17, 2022, and May 17, 2023.

Available on EDGAR 10/30/2026 - 04:19 PM EDT Accepted by SEC EDGAR 10/30/2026 - 04:19 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Virginia National Bankshares Corp (VABK) director William D. Dittmar Jr. exercised options covering 3,937 shares on October 28, 2026, at an exercise price of $42.42 per share, acquiring 3,937 common shares. His reported direct common-stock holdings after the transaction were 226,092 shares, and the exercised option position was reported at 0 shares afterward. The option's expiration date was May 16, 2028.

Insider Trade Summary

3,937 shares exercised/converted

Exercise 2 txns

Insider Dittmar William D Jr.

Role Director

Type	Security	Shares	Price	Value
Exercise	Stock Option 2018-02-NQ F1	3,937	$0.00	$0.00
Exercise	Common Stock	3,937	$42.42	$167K

Holdings After Transaction: Stock Option 2018-02-NQ — 0 contracts (Direct); Common Stock — 226,092 shares (Direct)

Footnotes (1)

1. F1. (1) This option vested in 5 equal installments on May 17, 2019, 2020, 2021, 2022, and 2023.

Key Figures

Options exercised: 3,937 shares Exercise price: $42.42 per share Common shares acquired: 3,937 shares +2 more

5 metrics

Options exercised 3,937 shares October 28, 2026

Exercise price $42.42 per share Options exercised October 28, 2026

Common shares acquired 3,937 shares October 28, 2026

Direct common shares following transaction 226,092 shares Reported after the October 28, 2026 transaction

Option shares following transaction 0 shares Reported after the October 28, 2026 exercise

Key Terms

derivative security, vested, exercise price

3 terms

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vested financial

"This option vested in 5 equal installments"

exercise price financial

"Options exercised at an exercise price of $42.42 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many VABK shares did William D. Dittmar Jr. acquire?

William D. Dittmar Jr. acquired 3,937 common shares on October 28, 2026, through exercise of options at an exercise price of $42.42 per share.

How many VABK shares did William D. Dittmar Jr. hold after the option exercise?

His reported direct common-stock holdings after the transaction were 226,092 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Dittmar William D Jr.

(Last) (First) (Middle)

C/O ENTERPRISE PROPERTIES

401 EAST MARKET STREET

(Street)

CHARLOTTESVILLE VIRGINIA 22902

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/28/2026

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

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

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

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	10/28/2026		M		3,937	A	$42.42	226,092	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
Stock Option 2018-02-NQ	$42.42	10/28/2026		M			3,937	(1)	05/16/2028	Common Stock	3,937	$0.0	0.0	D

Explanation of Responses:

1. (1) This option vested in 5 equal installments on May 17, 2019, 2020, 2021, 2022, and 2023.

	/s/ Cathy W. Liles, Attorney-in-fact	10/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)