Rust Glenn W 4
Accession 0001193125-26-034705
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 10:42 AM ET
Size
21.0 KB
Accession
0001193125-26-034705
Research Summary
AI-generated summary of this filing
Virginia National Bankshares (VABK) CEO Glenn W. Rust Receives Award
What Happened
Glenn W. Rust, President, CEO and Director of Virginia National Bankshares Corp (VABK), was granted 9,164 restricted shares on 2026-01-30. The award is reported at $0.00 per share (total reported cash cost $0) and is coded as an award/grant (A). This is a compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-30; Form filed: 2026-02-03 (filing appears timely under the two-business-day rule).
- Transaction type/code: Award/Grant (A).
- Shares granted: 9,164; reported price per share: $0.00; reported cash value: $0.
- Vesting: The restricted stock vests in four equal annual installments beginning January 30, 2027 (Footnote F1).
- Shares owned after transaction: not provided in the details you supplied.
- No 10b5-1 plan, tax-withholding, or late-filing flags indicated in the provided info.
Context
Restricted stock grants are a common form of executive compensation and typically tie the insider’s interests to long-term shareholder value through vesting; they are not direct buys or sells and don't by themselves indicate insider sentiment about the stock. The vesting schedule means these shares will become owned by Rust over the next four years if vesting conditions are met.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-30+9,164→ 78,522 total
Footnotes (1)
- [F1]This restricted stock grant vests in four equal annual installments beginning January 30, 2027.
Signature
Documents
Issuer
Virginia National Bankshares Corp
CIK 0001572334
Related Parties
1- filerCIK 0001593183
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 10:42 AM ET
- Size
- 21.0 KB