Gerald F. Smith JR - May 9, 2023 Form 4 Insider Report for FIRST NATIONAL CORP /VA/ (FXNC)

Role
Director
Signature
/s/ Christopher Suggs, by Power of Attorney
Stock symbol
FXNC
Transactions as of
May 9, 2023
Transactions value $
$38,715
Form type
4
Date filed
5/10/2023, 05:19 PM
Previous filing
May 9, 2023
Next filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FXNC Common Stock, $1.25 par value Purchase $12.8K +900 +100% $14.20 1.8K May 9, 2023 By The Smith 2012 GST Trust uad 12/03/2012 F1
transaction FXNC Common Stock, $1.25 par value Purchase $13K +900 +100% $14.45 1.8K May 9, 2023 By The Smith 2012 Spousal Trust uad 12/03/2012 F2
transaction FXNC Common Stock, $1.25 par value Purchase $12.9K +900 +30.04% $14.37 3.9K May 9, 2023 By G. F. Smith Jr. Revocable Trust F3, F4
holding FXNC Common Stock, $1.25 par value 39.4K May 9, 2023 Direct
holding FXNC Common Stock, $1.25 par value 245K May 9, 2023 By G. F. Smith Jr. GST Trust F4
holding FXNC Common Stock, $1.25 par value 77.4K May 9, 2023 By Kaye DeHaven Smith Revocable Trust F5
holding FXNC Common Stock, $1.25 par value 900 May 9, 2023 By Kaye DeHaven Smith Irrevocable Trust FBO Elise D. Smith (Daughter) F4, F6
holding FXNC Common Stock, $1.25 par value 48.5K May 9, 2023 By Elise D. Smith (Daughter) F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person serves as trustee of this trust.
F2 The reporting person's spouse serves as a co-trustee of this trust.
F3 This transaction was executed in multiple trades at prices ranging from $14.20 to $14.3687. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 The reporting person serves as a co-trustee of this trust.
F5 The reporting person's spouse serves as trustee of this trust.
F6 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.