First National CFO Schwartz buys $21k in FXNC stock

Published 07/08/2025, 20:28
First National CFO Schwartz buys $21k in FXNC stock

Brad E. Schwartz, EVP - CFO of First National Corp /VA/ (NASDAQ:FXNC), acquired 1,000 shares of common stock on August 7, 2025, at a price of $21.02 per share. The total value of the purchase was $21,020. The purchase comes as the company, with a market capitalization of $190 million, trades near its Fair Value according to InvestingPro analysis. The stock currently trades at $21.08, sitting well above its 52-week low of $16.22.

Following the transaction, Schwartz directly owns 5,000 shares of First National Corp /VA/. The company has maintained dividend payments for 12 consecutive years, with a current dividend yield of 2.95%. InvestingPro analysis reveals 6 additional key insights about FXNC’s financial health and growth prospects.

In other recent news, First National Corporation reported the results of its Annual Meeting of Shareholders. The meeting, which took place on May 14, 2025, saw the election of thirteen directors to serve a one-year term. All ten nominees received a majority of votes, as detailed in the company’s latest 8-K filing with the Securities and Exchange Commission. The filing included comprehensive voting results, such as the number of votes for, withheld, and broker non-votes for each director. These developments indicate a smooth continuation of leadership within the company. The shareholder meeting outcomes are part of First National Corporation’s ongoing corporate governance activities.

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