DYSART DENNIS A 4

What Happened
Dennis A. Dysart, Senior EVP and Chief Operating Officer of First National Corp /VA/ (FXNC), was granted 2,474 restricted stock units (RSUs) on 2026-02-11. The Form 4 reports the acquisition price as $0.00 (award/derivative), so no cash was paid at grant; the filing shows $0 total purchase value. Each RSU represents a contingent right to receive one share of FXNC common stock upon vesting.

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely filing).
• Transaction type/code: A — Award/Grant; 2,474 RSUs @ $0.00 (derivative security).
• Vesting: RSUs vest in three equal annual installments — 825 units on 2026-02-15, 825 on 2027-02-15, and 824 on 2028-02-15 (footnotes).
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• No tax-withholding or sale-on-vesting details noted in this filing.

Context
RSU grants are a form of compensation that convert into shares only as they vest; they are not an open-market purchase or sale. Such awards increase potential future share issuance to the insider on vesting dates but do not reflect an immediate cash investment or disposition by the insider.