DYSART DENNIS A 4

What Happened

• Dennis A. Dysart, Senior Executive Vice President & COO of First National Corp (FXNC), received an award of 2,445 shares on 2026-02-15 (reported on Form 4). To cover tax obligations related to the award, 868 of those shares were withheld/disposed at $28.21 per share, totaling $24,486.
• The award shows an acquisition price of $0.00 (typical for stock awards/RSUs). This is compensation-related, not an open-market purchase, and does not necessarily signal a buy or sell decision by the insider.

Key Details

• Transaction dates: 2026-02-15 (award and tax withholding); Form 4 filed 2026-02-17 (appears timely).
• Award: 2,445 shares acquired @ $0.00.
• Tax withholding/disposition: 868 shares disposed @ $28.21 each = $24,486.
• Shares owned following the transaction: not specified in the provided filing details.
• Transaction codes: A = Award/Grant; F = Payment of exercise price or tax liability (here used to withhold shares for taxes).

Context

• This was an equity award with shares withheld to satisfy tax withholding — a common administrative step when RSUs or other awards vest. It differs from an outright sale or a market purchase and is usually routine compensation processing rather than a market signal.