Form 4: Virginia National Bankshares Corp Director Kevin T. Carter Increases Stake

Kevin T. Carter, a director of Virginia National Bankshares Corp, recently purchased 400 shares of common stock at an average price of $24.75.

Summary

• On April 25, 2024, Kevin T. Carter, a director of Virginia National Bankshares Corp (VABK), acquired 400 shares of common stock.
• The shares were purchased at a weighted average price of $24.75, with individual transactions ranging from $24.70 to $24.75.
• Following the transaction, Carter directly owns 11,760.63 shares of VABK common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The purchase by a director is a positive signal, but the transaction is small and doesn't provide a strong indication of future performance.

Positives

• The director's purchase could be interpreted as a positive signal about their confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. Purchases by directors are often seen as a positive sign.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment.

Key Dates