Scott C. Harvard - Nov 20, 2024 Form 4 Insider Report for FIRST NATIONAL CORP /VA/ (FXNC)

Role
President & CEO, Director
Signature
/s/ Christopher Suggs, by Power of Attorney
Stock symbol
FXNC
Transactions as of
Nov 20, 2024
Transactions value $
$0
Form type
4
Date filed
11/22/2024, 09:58 AM
Previous filing
May 2, 2024
Next filing
Nov 26, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FXNC Restricted Stock Units Award $0 +19.7K +420.93% $0.00 24.4K Nov 20, 2024 Common Stock 19.7K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of FXNC common stock.
F2 The restricted stock units vest in three equal annual installments with 6,575 units vesting on 12/31/2025, 6,575 units vesting on 12/31/2026, and 6,575 units vesting on 12/31/2027.