HARVARD SCOTT C 4
4 · FIRST NATIONAL CORP /VA/ · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
FIRST NATIONAL (FXNC) CEO Harvard Scott Receives RSU Award
What Happened
Harvard C. Scott, President & CEO and a director of First National Corp /VA/ (FXNC), was granted 5,765 restricted stock units (RSUs) on February 11, 2026. The award is recorded at $0.00 per unit (a derivative award of contingent rights to shares) — no open-market purchase or sale occurred.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (filed within the standard two-business-day window).
- Transaction code: A (award/grant); 5,765 RSUs acquired; price reported $0.00.
- Shares owned after transaction: not disclosed in this filing.
- Derivative nature: each RSU represents a contingent right to receive one share of FXNC common stock (footnote F1).
- Vesting schedule (footnote F2): 1,922 RSUs vest on 2026-02-15, 1,921 on 2027-02-15, and 1,922 on 2028-02-15.
Context
RSUs are a form of equity compensation that convert into actual shares only upon vesting; this grant does not involve an immediate sale or open-market purchase. Such awards are commonly part of executive compensation and do not, by themselves, indicate a trading view.
Insider Transaction Report
Form 4
HARVARD SCOTT C
DirectorPresident & CEO
Transactions
- Award
Restricted Stock Units
[F1][F2]2026-02-11+5,765→ 23,977 total→ Common Stock (5,765 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of FXNC common stock.
- [F2]The restricted stock units vest in three equal annual installments with 1,922 units vesting on February 15, 2026, 1,921 units vesting on February 15, 2027, and 1,922 units vesting on February 15, 2028.
Signature
/s/ Christopher Suggs by Power of Attorney|2026-02-13