---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-016908"
form_type: "8-K"
ticker: "FXNC"
cik: "0000719402"
company_name: "FIRST NATIONAL CORP /VA/"
filed_at: "2026-05-14T14:00:14+00:00"
generated_at: "2026-05-14T14:03:14.814210+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# First National Corp declares $0.17 quarterly dividend; elects new Board Chair and Vice Chair

## Summary
- Quarterly dividend of $0.17 per share declared, payable June 12, 2026 to shareholders of record May 29, 2026.
- Gerald F. Smith, Jr. elected Chair of the Board; James R. Wilkins, III elected Vice Chair, effective after May 13 annual meeting.
- Elizabeth Cottrell retired as Chair after serving since 2016; assets more than doubled during her tenure, bank listed on NASDAQ.
- Shareholders elected all 12 director nominees and ratified Yount, Hyde & Barbour as auditor for 2026.

## SEC filing metadata
- accession: 0001437749-26-016908
- form_type: 8-K
- ticker: FXNC
- cik: 0000719402
- company_name: FIRST NATIONAL CORP /VA/
- filed_at: 2026-05-14T14:00:14+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719402/000143774926016908/0001437749-26-016908-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719402/000143774926016908/fxnc20260511c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-016908
- JSON: https://secwatch.observer/filing/0001437749-26-016908.json
- Plain text: https://secwatch.observer/filing/0001437749-26-016908.txt

## Key facts
- Shareholder Votes
  FIRST NATIONAL CORP /VA/ shareholders approved Election of twelve directors to serve for a term of one year at the 2026-05-13 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2026-05-13
  source text: Proposal 1 - Election of Directors The Company's shareholders elected all twelve 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 5,576,274 152,235 1,073,246 Emily Marlow Beck 5,556,759 171,750 1,073,246 Boyce E. Brannock 5,579,486 149,023 1,073,246 W. Michael Funk 5,569,066 159,443 1,073,246 Scott C. Harvard 5,530,679 197,830 1,073,246 George Edwin Holt, III 5,584,248 144,261 1,073,246 Toni T. Lee-Andrews 5,553,067 175,442 1,073,246 Kirtesh Patel 5,576,259 152,250 1,073,246 Gerald F. Smith, Jr. 5,549,411 179,098 1,073,246 Norman D. Wagstaff, Jr. 5,552,777 175,732 1,073,246 James R. Wilkins, III 5,559,781 168,728 1,073,246 William S. Wilkinson 5,564,284 164,225 1,073,246
  evidence_url: https://www.sec.gov/Archives/edgar/data/719402/000143774926016908/0001437749-26-016908-index.htm
- 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, 2026 at the 2026-05-13 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2026-05-13
  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, 2026. The votes cast for and against this proposal, as well as the votes abstained, were as follows: For Against Abstain 6,773,790 26,530 1,435
  evidence_url: https://www.sec.gov/Archives/edgar/data/719402/000143774926016908/0001437749-26-016908-index.htm

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