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
04 Mar 26	BuyUS$26,910	Brad Schwartz	Individual	1,000	US$26.91
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

Insider Trading Volume

Insider Buying: FXNC 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	774,119	8.56%
Individual Insiders	1,262,822	14%
Institutions	3,165,804	35%
General Public	3,732,554	41.3%

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

Top Shareholders

Top 25 shareholders own 49.85% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
8.56%	Fourthstone LLC	774,119	US$21.2m	-12.9%	2.55%
4.68%	The Vanguard Group, Inc.	422,725	US$11.6m	0.19%	no data
4.44%	Gerald Smith	401,491	US$11.0m	0%	no data
4.42%	BlackRock, Inc.	399,912	US$10.9m	4.76%	no data
3.79%	James Wilkins	342,818	US$9.4m	0%	no data
3.41%	Petiole USA Limited	307,940	US$8.4m	-1.12%	5.55%
3.05%	Siena Capital Partners GP, LLC	276,043	US$7.6m	0%	1.83%
2.26%	Cutler Capital Management, LLC	204,109	US$5.6m	0.49%	1.8%
1.99%	Geode Capital Management, LLC	179,620	US$4.9m	0.85%	no data
1.53%	De Lisle Partners Llp	138,113	US$3.8m	0%	0.43%
1.5%	AllianceBernstein L.P.	135,218	US$3.7m	0%	no data
1.3%	State Street Global Advisors, Inc.	117,240	US$3.2m	42.8%	no data
1.17%	Wilkins Investments, LP	105,668	US$2.9m	0%	no data
1.1%	Acadian Asset Management LLC	99,710	US$2.7m	0%	no data
1.1%	Norman Wagstaff	99,339	US$2.7m	0%	no data
0.8%	Scott Harvard	72,241	US$2.0m	5.08%	no data
0.69%	Northern Trust Global Investments	62,742	US$1.7m	6.43%	no data
0.56%	George Holt	50,711	US$1.4m	5.1%	no data
0.56%	Dimensional Fund Advisors LP	50,267	US$1.4m	68.7%	no data
0.55%	William Holt	49,983	US$1.4m	0%	no data
0.55%	Banc Funds Company, L.L.C.	49,391	US$1.4m	-18.4%	0.25%
0.49%	Bridgeway Capital Management, LLC	44,614	US$1.2m	-36.3%	0.02%
0.48%	Dennis Dysart	43,414	US$1.2m	3.77%	no data
0.48%	Piedmont Capital Management, LLC	42,955	US$1.2m	0%	0.7%
0.4%	Commonwealth Equity Services, LLC	36,335	US$994.1k	20.7%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/21 23:35
End of Day Share Price	2026/05/21 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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 1 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