---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-013864"
form_type: "8-K"
ticker: "FXNC"
cik: "0000719402"
company_name: "FIRST NATIONAL CORP /VA/"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T05:12:30.647367+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# First National Corp declares $0.15 quarterly dividend; annual meeting results disclosed

## Summary
- All 10 director nominees elected with strong support; broker non-votes on each nominee ~1.3M.
- Shareholders ratified Yount, Hyde & Barbour as independent auditor for FY2023; votes 4,959,202 for.
- 2023 Stock Incentive Plan approved with 3,538,790 votes for, 160,285 against.
- Board declares $0.15 per share cash dividend, payable June 9, 2023, to holders of record May 26, 2023.

## SEC filing metadata
- accession: 0001437749-23-013864
- form_type: 8-K
- ticker: FXNC
- cik: 0000719402
- company_name: FIRST NATIONAL CORP /VA/
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719402/000143774923013864/0001437749-23-013864-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719402/000143774923013864/fxnc20230510_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-013864
- JSON: https://secwatch.observer/filing/0001437749-23-013864.json
- Plain text: https://secwatch.observer/filing/0001437749-23-013864.txt

## Key facts
- Shareholder Votes
  FIRST NATIONAL CORP /VA/ shareholders approved Ratification of the appointment of Yount, Hyde & Barbour, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2023 at the 2023-05-10 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-10
  source text: Proposal 2 - Ratification of Appointment of Independent Registered Public Accounting Firm The Company's shareholders approved the ratification of the Audit Committee's selection of Yount, Hyde & Barbour, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2023. The votes cast for and against this proposal, as well as the votes abstained, were as follows: For Against Abstain 4,959,202 9,914 62,348
  evidence_url: https://www.sec.gov/Archives/edgar/data/719402/000143774923013864/0001437749-23-013864-index.htm
- Shareholder Votes
  FIRST NATIONAL CORP /VA/ shareholders approved Election of ten directors to serve for a term of one year at the 2023-05-10 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-10
  source text: Proposal 1 - Election of Directors The Company's shareholders elected all ten nominees for director. For each nominee, the votes cast for and against, as well as withheld and broker non-votes, were as follows: Director Nominee For Withheld Broker Non-Votes Jason C. Aikens 3,672,082 55,719 1,303,663 Emily Marlow Beck 3,677,402 50,399 1,303,663 Boyce E. Brannock 3,712,015 15,786 1,303,663 Elizabeth H. Cottrell 3,711,335 16,466 1,303,663 W. Michael Funk 3,678,015 49,786 1,303,663 Scott C. Harvard 3,654,620 73,181 1,303,663 George Edwin Holt, III 3,705,436 22,365 1,303,663 Kirtesh Patel 3,672,099 55,702 1,303,663 Gerald F. Smith, Jr. 3,667,087 60,714 1,303,663 James R. Wilkins, III 3,705,814 21,987 1,303,663
  evidence_url: https://www.sec.gov/Archives/edgar/data/719402/000143774923013864/0001437749-23-013864-index.htm
- Shareholder Votes
  FIRST NATIONAL CORP /VA/ shareholders approved Approval of the Company's 2023 Stock Incentive Plan at the 2023-05-10 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-05-10
  source text: Proposal 3 - Approval of the Company's 2023 Stock Incentive Plan The Company's shareholders approved the Company's 2023 Stock Incentive Plan. The votes cast for and against this proposal, as well as the votes withheld and broker non-votes, were as follows: For Against Abstain Broker Non-Votes 3,538,790 160,285 28,726 1,303,663
  evidence_url: https://www.sec.gov/Archives/edgar/data/719402/000143774923013864/0001437749-23-013864-index.htm

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