First National (FXNC) Director Brannock Receives 1,113-Share Award

What Happened
Brannock Boyce E., a director of First National Corp /VA/ (FXNC), was granted 1,113 shares on August 12, 2026. The Form 4 reports the acquisition under code A (award/grant) at an acquisition price of $0.00, indicating a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-12; Form 4 filed: 2026-08-13 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 1,113 shares at $0.00 per share (per Form 4).
• Shares owned after transaction: The filing notes an additional 110 indirect shares (Footnote F1); combined, this implies at least 1,223 shares beneficially owned.
• No indication in the filing of an immediate sale, option exercise, or tax-withholding disposition.

Context
Grants reported at $0.00 typically reflect compensation (restricted stock, RSUs, or similar) and may be subject to vesting or other conditions; they do not by themselves signal a buy or sell decision in the open market. For retail investors, outright purchases are often more informative about insider sentiment than compensation grants, which are common for directors and executives.