Wells Gregory L 4

What Happened
Gregory L. Wells, a director of Virginia National Bankshares Corp (VABK), received a grant of 1,100 restricted common shares on Jan 30, 2026. The shares were issued at a $0.00 purchase price (reported value $0) as an award/compensation, not an open-market purchase or sale.

Key Details

• Transaction date: January 30, 2026; Filing date: February 3, 2026 (timely filed).
• Transaction type/code: A (award/grant); Shares granted: 1,100; Price per share: $0.00; reported acquisition value: $0.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: The restricted stock vests in four equal annual installments beginning January 30, 2027 (F1).
• No 10b5-1 plan, tax-withholding, or sale noted in this filing.

Context
This is a typical director compensation award (restricted stock). Such grants align directors with long-term shareholder interests but are not the same signal as an open-market purchase. The shares vest over multiple years, so any economic value depends on continued service and future vesting.