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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
719402	First National Corp	FXNC	State Commercial Banks (6022)	541232965

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1415023	Jr F Gerald Smith	112 W King St Strasburg VA 22657		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $1.25 Par Value	Acquisiton	2023-05-11	700	$14.31	2,500	No	4	P	Indirect	By The Smith 2012 GST Trust uad 12/03/2012
Common Stock, $1.25 Par Value	Acquisiton	2023-05-11	700	$14.30	2,500	No	4	P	Indirect	By The Smith 2012 Spousal Trust uad 12/03/2012
Common Stock, $1.25 Par Value	Acquisiton	2023-05-11	900	$14.28	4,796	No	4	P	Indirect	By G. F. Smith Jr. Revocable Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By The Smith 2012 GST Trust uad 12/03/2012
No	4	P	Indirect	By The Smith 2012 Spousal Trust uad 12/03/2012
No	4	P	Indirect	By G. F. Smith Jr. Revocable Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $1.25 Par Value	39,405	Direct
Common Stock, $1.25 Par Value	245,124	Indirect	By G. F. Smith Jr. GST Trust
Common Stock, $1.25 Par Value	77,370	Indirect	By Kaye DeHaven Smith Revocable Trust
Common Stock, $1.25 Par Value	900	Indirect	By Kaye DeHaven Smith Irrevocable Trust FBO Elise D. Smith (Daughter)
Common Stock, $1.25 Par Value	48,493	Indirect	By Elise D. Smith (Daughter)

Footnotes

This transaction was executed in multiple trades at prices ranging from $14.30 to $14.51. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
The reporting person serves as trustee of this trust.
The reporting person's spouse serves as a co-trustee of this trust.
This transaction was executed in multiple trades at prices ranging from $14.26 to $14.92. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
The reporting person serves as a co-trustee of this trust.
The reporting person's spouse serves as trustee of this trust.
The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.