Jones Lora M. 4

What Happened Lora M. Jones, CFO of National Bankshares, received restricted stock unit (RSU) awards totaling 994 shares: 767 RSUs reported on 2026-02-11 and 227 RSUs reported on 2026-02-14. Each grant is reported at $0.00 per share (typical for RSU awards); the reported dollar value at grant is $0, but actual value will depend on NKSH’s share price when the RSUs vest. This is an award (not a purchase or sale).

Key Details

• Transaction dates and prices: 767 RSUs on 2026-02-11 @ $0.00; 227 RSUs on 2026-02-14 @ $0.00. Total granted = 994 RSUs.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — reports satisfaction of the performance-based component of RSUs granted 02/14/2025; a time-based component still must be satisfied. F2 — the RSU grant vests in three equal installments beginning February 11, 2027.
• Filing date: Form 4 filed 2026-02-17. No late-filing indication in the provided information.

Context Restricted stock units are awards that convert to actual shares only after vesting conditions are met (time- and/or performance-based). The F1 note indicates a performance condition was satisfied for part of the award, but the time-based vesting schedule (three equal installments starting 02/11/2027) must still be met before shares are delivered. Awards are routine compensation and do not by themselves signal immediate buying or selling of stock.