---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-087347"
form_type: "8-K"
ticker: "NKSH"
cik: "0000796534"
company_name: "NATIONAL BANKSHARES INC"
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T08:42:51.950152+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# National Bankshares announces withdrawal of Driver Management board nominees; no settlement reached

## Summary
- Driver Management Company LLC withdrew its nominees for election to National Bankshares' Board of Directors.
- Withdrawal is not the result of any concessions or negotiated settlement with Driver.
- Company urges shareholders to support its four nominees and the stock incentive plan at the May 9, 2023 Annual Meeting.
- CEO F. Brad Denardo expressed gratitude for shareholder support and commitment to long-term strategy.

## SEC filing metadata
- accession: 0001193125-23-087347
- form_type: 8-K
- ticker: NKSH
- cik: 0000796534
- company_name: NATIONAL BANKSHARES INC
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796534/000119312523087347/0001193125-23-087347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796534/000119312523087347/d491638d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-087347
- JSON: https://secwatch.observer/filing/0001193125-23-087347.json
- Plain text: https://secwatch.observer/filing/0001193125-23-087347.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.