Reynolds Glenn P 4

What Happened
Glenn P. Reynolds, a director of National Bankshares, Inc. (NKSH), was granted 221 shares as a time-based stock award. The shares were recorded at $0.00 per share (total reported value $0) and were reported on a Form 4 filed 2026-06-11. This is a compensation award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-11 (timely filing).
• Price: $0.00 per share; 221 shares granted (total $0 reported).
• Shares owned after transaction: not specified in the filing.
• Footnote: Grant is a time-based stock award that will vest on the one-year anniversary.
• Transaction type/code: Award/Grant (A). No 10b5-1 plan, tax withholding, or late-filing flag noted.

Context
Time-based grants to directors are common as compensation and vest over a set period; they do not represent an immediate purchase or sale in the market. Because the award vests in one year, it only becomes transferable/owned outright (per the vesting schedule) after that period. This filing documents compensation rather than a direct market signal.