Insider Surge: First National Corp‑VA CFO Buys 2,183 RSUs, Boosting Long‑Term Stakes by $60k.

Insider Buying at First National Corp‑VA: What It Signals

The most recent filing shows Chief Financial Officer Brad E. Schwartz purchasing 2,183 restricted stock units (RSUs) on February 11, 2026. At a closing price of $27.65, the deal adds roughly $60 k in value to his holdings, bringing his total post‑transaction stake to 7,183 shares. Unlike the earlier purchases of common stock in mid‑2025, this transaction is entirely RSUs, a move that aligns with the company’s long‑term incentive plan and reflects a commitment to the firm’s future performance.

Market Context and Investor Takeaway

First National Corp‑VA’s stock has swung from a 52‑week low of $18.26 to a high of $28.89 in the last year, yet the most recent price action shows a 1.57 % weekly decline, suggesting short‑term volatility. The CEO and COO have also been active in buying RSUs—Dennis Dysart and Scott Harvard each added 2,474 and 5,765 units, respectively—indicating a broader insider confidence. For investors, insider buying, especially in the form of RSUs that vest over multiple years, can be a bullish signal: executives are staking their own capital on the company’s trajectory, which tends to correlate with positive long‑term performance.

Brad E. Schwartz: A Pattern of Long‑Term Commitment

Schwartz’s historical filings paint a picture of steady, incremental ownership. In June 2025 he bought 1,000 shares twice, first at $20.20 and then at $19.65, building a 3,000‑share position. By August 13, he added 5,000 RSUs, a move that doubled his holdings to 5,000 shares. The latest RSU purchase now brings him to 7,183 shares. The pattern—regular, moderate purchases with no large sell‑offs—suggests he is not reacting to short‑term price swings but rather investing in the company’s long‑term prospects. His increasing RSU balance also means his compensation is increasingly tied to the company’s stock performance over the next three years.

Implications for the Company’s Future

The cumulative insider buying—particularly in RSUs—creates a lock‑in effect that could reduce dilution risk in upcoming equity offerings. It also signals that senior management believes the bank’s deposit and loan services will continue to perform well in the competitive Virginia market. With a price‑to‑earnings ratio of 14.08 and a market cap of $248 million, First National Corp‑VA is reasonably valued for a bank operating in a region that balances growth potential with regulatory stability. Insider confidence, coupled with the bank’s solid regional footprint, may attract investors looking for a dependable mid‑cap banking play.

Bottom Line for Investors

Brad E. Schwartz’s continued RSU purchases, alongside similar activity from the CEO and COO, suggest a coherent insider strategy focused on long‑term value creation. While short‑term price volatility remains a factor, the insider commitment provides a reassuring backdrop for investors considering adding First National Corp‑VA to a diversified bank portfolio.