CARTER KEVIN T 4

Research Summary

AI-generated summary

Updated

Virginia National (VABK) Director Kevin T. Carter Receives Award

What Happened

  • Director Kevin T. Carter received a restricted stock award of 1,100 shares on January 30, 2026. The shares were awarded at a reported price of $0.00 (grant value reported as $0). This is an awarded grant (transaction code A) — a compensation award rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-01-30; Filing date: 2026-02-03 (filed within the typical two-business-day window).
  • Shares granted: 1,100; reported acquisition price: $0.00.
  • Vesting: The grant vests in four equal annual installments beginning January 30, 2027 (Footnote F1).
  • Ownership after transaction: total post-transaction holdings not specified in the filing; Footnote F2 notes 291.28 shares were added since the most recent Section 16 filing via dividend reinvestment (DRIP).
  • No tax-withholding sale or 10b5-1 plan disclosed.

Context

  • Restricted stock grants are a standard form of director compensation and vest over time; they do not necessarily indicate immediate bullish or bearish insider sentiment. The DRIP activity noted in the filing shows some additional automatic reinvestment of dividends since the last filing.