secwatch.observer — SEC 8-K summary
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Issuer:     Virginia National Bankshares Corp (VABK)
CIK:        0001572334
Form:       8-K
Filed at:   2026-10-08T11:30:14+00:00
Accession:  0001193125-26-417432
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Virginia National Bankshares authorizes $18.7M share repurchase plan through October 5, 2027
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- Board authorization announced October 6, 2026 permits repurchases of up to $18.7 million of common stock, par value $2.50 per share, through October 5, 2027.
- Repurchases may be made in the open market, in privately negotiated transactions or otherwise, structured to meet Rule 10b-18 pricing and volume requirements.
- Company may enter into Rule 10b5-1 plans from time to time to facilitate buybacks under the authorization.
- Plan obligates no particular amount of stock and may be extended, modified, suspended or discontinued at any time at the company's discretion.
- 8-K signed October 8, 2026 by Executive Vice President and CFO Cathy W. Liles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1572334/000119312526417432/0001193125-26-417432-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1572334/000119312526417432/vabk-20261006.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-417432

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