Johnson Mildred R 4

What Happened
Mildred R. Johnson, a director of National Bankshares, was granted 221 shares (reported as an acquisition, code A) on June 10, 2026. The filing reports the shares at $0.00 per share (total reported value $0). Per the filing footnote, this is a time‑based stock award that will vest on the one‑year anniversary.

Key Details

• Transaction date: 2026-06-10; Grant type: Award/Grant (code A)
• Shares granted: 221; Price reported: $0.00 per share; Reported total value: $0
• Vesting: Time‑based award; vests one year from grant (footnote F1)
• Shares owned after the transaction: Not specified in the provided filing
• Filing: Reported to the SEC on 2026-06-11 (covering the 2026-06-10 grant); no late‑filing flag indicated

Context
This is a director compensation grant (restricted/time‑based award), not an open‑market purchase or sale. Such awards are common for non‑employee directors and vest over the specified period; they do not necessarily signal the insider’s short‑term market view. The eventual economic value will depend on National Bankshares’ stock price at vesting and any applicable tax withholding.