Form 4: First National Corp Senior EVP/COO Reports Stock Changes

Dennis A. Dysart, Senior EVP/COO of First National Corp, reported the acquisition of 4,432 shares and the disposition of 1,335 shares of common stock on December 31, 2025.

Summary

• Dennis A. Dysart, Senior EVP/COO of First National Corp /VA/ (FXNC), reported changes in his beneficial ownership of the company's common stock.
• On December 31, 2025, Mr. Dysart acquired 4,432 shares of common stock at a price of $0.00 per share.
• On the same date, Mr. Dysart disposed of 1,335 shares of common stock at a price of $25.24 per share. This disposition was likely for tax withholding purposes, indicated by transaction code 'F'.
• Following these transactions, Mr. Dysart directly beneficially owns 41,837 shares of common stock.
• The reported transactions were made pursuant to a Rule 10b5-1(c) plan, indicating they were pre-arranged.

Sentiment

Score: 6

Explanation: The filing reports routine insider transactions, including an acquisition (likely a grant) and a disposition for tax purposes, executed under a Rule 10b5-1 plan. This is generally neutral, but the net increase in shares held (if the acquisition is a grant) is slightly positive.

Positives

• Acquisition of 4,432 shares of common stock, likely an equity grant, which increases the executive's direct beneficial ownership in the company.

Negatives

• Disposition of 1,335 shares of common stock, likely for tax purposes, which reduces the executive's direct beneficial ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding executive stock ownership changes, which can be a factor in assessing management's alignment with shareholder interests.
• Employees: Reflects aspects of executive compensation structure, potentially through equity grants, which can influence overall company compensation policies.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions by a Senior EVP/COO, including an equity grant and a tax-related disposition, executed under a pre-arranged 10b5-1 plan. Such transactions are generally not considered significant catalysts for a change in investment recommendation.

Keywords

Insider Trading, Form 4, Stock Transaction, Executive Compensation, FXNC, First National Corp, Dennis A. Dysart, Common Stock, Rule 10b5-1