Virginia National Bankshares Corp·4

Feb 3, 10:43 AM ET

Strange Sterling T III 4

Research Summary

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VABK Director Strange Sterling T III Receives 1,100-Share Award

What Happened

  • Strange Sterling T III, a director of Virginia National Bankshares Corp (VABK), was granted 1,100 restricted shares on January 30, 2026. The Form 4 reports the acquisition as an award/grant (code A) at $0.00 per share (total $0 reported).

Key Details

  • Transaction date: 2026-01-30; Form 4 filed: 2026-02-03 (covers the Jan 30 transaction).
  • Transaction type/code: Restricted stock grant (A = Award/Grant).
  • Shares granted: 1,100; price reported: $0.00.
  • Shares owned after the transaction: not specified in the provided filing.
  • Footnote: The grant vests in four equal annual installments beginning January 30, 2027 (see F1).
  • Timeliness: Form 4 filed on Feb 3, 2026; check filing rules for two-business-day reporting if timing is a concern.

Context

  • Restricted stock grants are compensation/retention awards that vest over time; they do not represent an open-market purchase or sale. Because the shares vest in future installments, they may not indicate an immediate bullish or bearish trade by the insider. The $0 reporting here reflects the grant entry on the Form 4, not necessarily the economic value of the award for tax or accounting purposes.