Keyser Jay B 4

What Happened Jay B. Keyser, a director of Virginia National Bankshares Corp (VABK), was granted 1,100 shares of restricted stock on January 30, 2026. The Form 4 reports the shares were acquired at $0.00 (an award/grant), so the recorded acquisition cost is $0. This is a compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-01-30; Filing date: 2026-02-03 (filed within the normal two-business-day Form 4 window).
• Transaction type/code: Award/Grant (A). Price reported: $0.00.
• Shares granted: 1,100 restricted shares. Vesting: 4 equal annual installments beginning January 30, 2027 (275 shares vest per year).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnote: Grant is restricted stock with the specified multi-year vesting schedule; no 10b5-1 or tax-withholding note reported.

Context This is a standard restricted stock award used for compensation and retention. Such awards do not represent an open-market purchase (which might be interpreted as a direct bullish signal) and generally vest over time, aligning the director’s interests with long-term shareholder performance.