secwatch.observer — SEC 8-K summary
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Issuer:     Virginia National Bankshares Corp (VABK)
CIK:        0001572334
Form:       8-K
Filed at:   2026-11-10T13:45:13+00:00
Accession:  0001193125-26-454539
Event type: dividend
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

VABK declares 8% stock dividend and raises quarterly cash dividend to $0.38 per share
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- 8% stock dividend: 0.08 shares per share held, record date Nov 20, 2026, payable Nov 30, 2026; cash paid in lieu of fractional shares.
- Quarterly cash dividend raised $0.02 to $0.38 per share, record date Dec 1, 2026, payable Dec 15, 2026, on the post-stock-dividend share count.
- Stock dividend adds roughly 430,000 shares, increasing outstanding common stock from 5.4 million to 5.9 million.
- Quarterly cash dividend implies an annualized yield of about 2.85% based on the Nov 9, 2026 closing price.
- CEO Glenn Rust said the company's strong financial position supports continued delivery of shareholder value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1572334/000119312526454539/0001193125-26-454539-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1572334/000119312526454539/vabk-20261109.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-454539

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