Form 4: Virginia National Bankshares Corp Director Acquires Shares Through Restricted Stock Grant

William D. Dittmar Jr., a director of Virginia National Bankshares Corp, acquired 2,080 shares of common stock through a restricted stock grant.

Summary

• On February 26, 2025, William D. Dittmar Jr., a director of Virginia National Bankshares Corp, acquired 2,080 shares of common stock.
• The acquisition was a result of a restricted stock grant.
• The restricted stock grant vests in four equal annual installments beginning February 26, 2026.
• The reporting person now beneficially owns 220,319 shares of common stock, which includes 87 shares acquired through a broker dividend reinvestment plan that were inadvertently omitted in prior Section 16 filings.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares generally signals confidence, but it's a standard transaction.

Positives

• The director's acquisition of shares demonstrates confidence in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates