Form 4: Virginia National Bankshares Corp Director Jay B Keyser Reports Acquisition of Common Stock

Director Jay B Keyser reports acquisition of 1,248 shares of Virginia National Bankshares Corp common stock through a restricted stock grant.

Summary

• On February 26, 2025, Jay B Keyser, a director of Virginia National Bankshares Corp, acquired 1,248 shares of common stock.
• This acquisition was part of a restricted stock grant.
• The grant vests in four equal annual installments starting February 26, 2026.
• Following the transaction, Keyser directly owns 6,983 shares of common stock.
• Keyser also indirectly owns 3,033 shares through a revocable trust and 6,168 shares through an LLC.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock acquisition by a director. The vesting schedule indicates a long-term commitment.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The restricted stock grant vests in four equal annual installments beginning February 26, 2026.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of shares by a director could positively influence shareholder sentiment.

Key Dates