Form 4: First National Corp CEO Gifts 4,500 Shares

First National Corp's President and CEO, Scott C. Harvard, reported gifting 4,500 shares of common stock.

Summary

• Scott C. Harvard, President & CEO and a Director of First National Corp /VA/ (FXNC), reported a disposition of common stock.
• The transaction involved gifting 4,500 shares of Common Stock, $1.25 par value, at a price of $0 per share.
• The transaction date for this gift was reported as November 4, 2025.
• Following this transaction, Scott C. Harvard directly beneficially owns 64,009.8581 shares of First National Corp common stock.

Sentiment

Score: 5

Explanation: The filing reports a gift of shares by an insider, which is a personal financial transaction and generally neutral regarding the company's operational performance or immediate market sentiment. It does not indicate positive or negative company-specific news.

Future Outlook

This filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction report for a financial institution executive. Such filings are common and typically reflect personal financial planning rather than direct signals about the company's operational performance or industry trends.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a personal transaction by an executive, not a company-level event. The reduction in direct insider ownership is minor relative to total outstanding shares.

Key Dates

Keywords

First National Corp, FXNC, Scott C. Harvard, Insider Transaction, Form 4, Stock Gift, CEO, Director