First National Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:FXNC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
07 Aug 25	BuyUS$21,020	Brad Schwartz	Individual	1,000	US$21.02
05 Jun 25	BuyUS$19,650	Brad Schwartz	Individual	1,000	US$19.65
02 Jun 25	BuyUS$20,200	Brad Schwartz	Individual	1,000	US$20.20
08 May 25	BuyUS$19,600	Brad Schwartz	Individual	1,000	US$19.60
06 May 25	BuyUS$19,570	Brad Schwartz	Individual	1,000	US$19.57

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of FXNC?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	105,668	1.17%
Hedge Funds	873,646	9.7%
Individual Insiders	1,245,214	13.8%
Institutions	2,826,870	31.4%
General Public	3,959,419	43.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 50.47% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.7%	Fourthstone LLC	873,646	US$21.5m	5.47%	2.67%
4.77%	The Vanguard Group, Inc.	430,077	US$10.6m	-0.13%	no data
4.46%	Gerald Smith	401,491	US$9.9m	0.38%	no data
4%	BlackRock, Inc.	360,669	US$8.9m	7.82%	no data
3.8%	James Wilkins	342,818	US$8.4m	0.44%	no data
3.51%	Siena Capital Partners GP, LLC	316,343	US$7.8m	0%	2.06%
3.46%	Petiole USA Limited	311,440	US$7.7m	0%	4.94%
2.25%	Cutler Capital Management, LLC	202,716	US$5.0m	-0.03%	1.88%
2%	Geode Capital Management, LLC	180,385	US$4.4m	0.04%	no data
1.69%	AllianceBernstein L.P.	152,263	US$3.7m	-21.3%	no data
1.53%	De Lisle Partners Llp	138,113	US$3.4m	0%	0.42%
1.17%	Wilkins Investments, LP	105,668	US$2.6m	-1.52%	no data
1.1%	Norman Wagstaff	99,339	US$2.4m	1.53%	no data
0.82%	State Street Global Advisors, Inc.	74,203	US$1.8m	16.1%	no data
0.74%	Bridgeway Capital Management, LLC	66,354	US$1.6m	4.86%	0.02%
0.73%	Northern Trust Global Investments	66,014	US$1.6m	-1.34%	no data
0.73%	Banc Funds Company, L.L.C.	65,880	US$1.6m	0%	0.28%
0.71%	Scott Harvard	64,010	US$1.6m	-6.07%	no data
0.67%	Graves-Light Private Wealth Management, Inc.	60,637	US$1.5m	0%	0.16%
0.55%	William Holt	49,983	US$1.2m	4.99%	no data
0.54%	George Holt	48,248	US$1.2m	0%	no data
0.43%	Dennis Dysart	38,740	US$952.8k	0%	no data
0.39%	First Manhattan Co. LLC	35,500	US$873.1k	0%	no data
0.36%	Kirtesh Patel	32,611	US$802.1k	4.82%	no data
0.34%	Emily Beck	30,298	US$745.2k	5.42%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/06 03:34
End of Day Share Price	2026/01/05 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First National Corporation is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Bishop	Hovde Group, LLC
John Rodis	Janney Montgomery Scott LLC