Smith Gerald F. Jr. - 16 Dec 2024 Form 4 Insider Report for FIRST NATIONAL CORP /VA/ (FXNC)

Role
Director
Signature
/s/ Christopher Suggs, by Power of Attorney
Issuer symbol
FXNC
Transactions as of
16 Dec 2024
Net transactions value
$0
Form type
4
Filing time
18 Dec 2024, 16:04:23 UTC
Previous filing
17 Dec 2024
Next filing
06 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FXNC Common Stock, $1.25 par value Other $153,784 -6,186 -33% $24.86 12,372 16 Dec 2024 By The Smith 2012 GST Trust uad 12/03/2012 F1, F2
transaction FXNC Common Stock, $1.25 par value Other $153,784 +6,186 +8.5% $24.86 78,556 16 Dec 2024 By Kaye DeHaven Smith Revocable Trust F1, F3
transaction FXNC Common Stock, $1.25 par value Gift $0 -6,186 -7.9% $0.000000 72,370 17 Dec 2024 By Kaye DeHaven Smith Revocable Trust F3
holding FXNC Common Stock, $1.25 par value 40,155 16 Dec 2024 Direct
holding FXNC Common Stock, $1.25 par value 245,124 16 Dec 2024 By G.F. Smith Jr. GST Trust F4
holding FXNC Common Stock, $1.25 par value 15,046 16 Dec 2024 By G.F. Smith Jr. Revocable Trust F4
holding FXNC Common Stock, $1.25 par value 17,724 16 Dec 2024 By The Smith 2012 Spousal Trust uad 12/03/2012 F5
holding FXNC Common Stock, $1.25 par value 900 16 Dec 2024 By Kaye DeHaven Smith Irrevocable Trust FBO Elise D. Smith (Daughter) F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 16, 2024, pursuant to rights of substitution contained within the governing trust documents, 6,186 shares of the issuer's Common Stock, $1.25 par value per share, were exchanged between the reporting trusts.
F2 The reporting person serves as trustee of this trust.
F3 The reporting person's spouse serves as trustee of this trust.
F4 The reporting person serves as a co-trustee of this trust.
F5 The reporting person's spouse serves as co-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 any other purpose.