Early Access — free while we kick the tires
EdgarHawk

FXNC FIRST NATIONAL CORP /VA/ Insider Trading

15 filings analyzed · Latest 2026-03-04
Insider buys
15
Insider sells
0
Unique insiders
3
Direction
Net buying

Historically, high-priority insider buys have outperformed the S&P 500 by a median ~2% over the 30 days after filing — the edge is concentrated in that first month (n ≈ 5,751, 2021-2026). Past results don't predict the future. How we measure this ↗

March 2026
2026-03-04
high
EVP - CFO
1,000 shares
$26,910
@ $26.91
Significance 7/10

CFO Brad Schwartz buys 1,000 FXNC shares at $26.91; 5 consecutive well-timed buys at this ticker (100% 90d win rate).

CFO Brad Schwartz purchased 1,000 shares at $26.91 on 2026-03-04, growing his holdings to 6,470 shares (+18.3% increase). His prior trades at FXNC show a consistent pattern: 5 of 5 prior buys were well-timed at the 90-day mark with average 90-day returns of +10.5% (ranging from +7.4% to +17.2%). His cross-ticker track record extends this credibility: 5 prior buys across all holdings averaged +4.2% in 30 days and +11.7% in 90 days with a 100.00% 90-day win rate. The company itself shows strong fundamentals with annual revenue growth of +38.5% and a P/E of 21.41; the current stock price of $26.76 is -6.4% from the 52-week high of $28.60. The consistency of his prior timing at this specific ticker, combined with the fundamental strength and proximity to a 52-week high, provides a clear signal of confidence from the executive responsible for the company's financial oversight.

August 2025
2025-08-07
medium
EVP - CFO
1,000 shares
$21,020
@ $21.02
Significance 6/10

CFO Brad E Schwartz buys 1,000 shares of FXNC at $21.02; 4th consecutive buy in 3 months, holding 5.0K shares post-transaction.

Brad E Schwartz, EVP and CFO, purchased 1,000 shares (1.0K shares) on 2025-08-07 at $21.02, bringing his holdings to 5.0K shares. This marks his fourth open-market purchase of FXNC within a 3-month window (prior buys on 2025-06-05, 2025-06-02, 2025-05-08, and 2025-05-06), a pattern of repeated accumulation at FXNC rather than one-off activity. His prior three measurable same-ticker trades show 90-day returns of +7.4%, +8.2%, and +0.5%, with 2 of 2 completed 90-day cycles ending in positive returns. The company reports quarterly revenue of $3.3M, net income of $1.6M, and annual revenue growth of +38.5%, alongside a P/E of 35.03—metrics consistent with high-growth positioning. The current price of $21.02 sits at -21.2% from the 52-week high of $26.66, providing context for the purchase level relative to the stock's year-to-date trading range.

June 2025
2025-06-06
medium
EVP - CFO
1,000 shares
$19,650
@ $19.65
Significance 5/10

EVP-CFO Schwartz buys 1,000 shares of FXNC at $19.65 on 2025-06-05, increasing holdings to 4,000 shares (+33.3%)

Brad E Schwartz, EVP and CFO, purchased 1,000 shares at $19.65 on 2025-06-05, a modest transaction for $19,650.00 that increased his holdings by 33.3% from 3,000 to 4,000 shares. The purchase occurred against mixed near-term price backdrop: the stock has risen 1.2% over 30 days but declined 14.2% over 90 days, currently trading at $19.70, which is 26.1% below its 52-week high of $26.66. While the company shows strong fundamentals—annual revenue growth of +38.5% and a market cap of $177,037,911.20—the elevated P/E of 32.83 and stock weakness over the quarter warrant close monitoring. Notably, Schwartz has made three prior purchases at FXNC in rapid succession (2025-06-02, 2025-05-08, 2025-05-06), establishing a pattern of accumulation during a period of significant price decline.

2025-06-02
medium
EVP - CFO
1,000 shares
$20,200
@ $20.20
Significance 5/10

EVP-CFO Brad Schwartz buys 1,000 shares (3.0K post-transaction) at $20.20, expanding position 50% as stock trades -25.6% from 52-week high

Brad Schwartz, EVP and CFO, purchased 1,000 shares at $20.20 on 2025-06-02, increasing his holdings from 2,000 to 3,000 shares—a 50% net increase in position size. The purchase occurs with the stock currently trading at $19.84, down -25.6% from the 52-week high of $26.66 and down -16.6% over the past 90 days. This is the CFO's third consecutive buy within a narrow 27-day window (prior purchases on 2025-05-06 and 2025-05-08), all at ascending prices ($20.20 being the highest entry). The company shows strong fundamentals with annual revenue growth of +38.5% and a market cap of $178.3M, though the P/E ratio of 33.07 reflects elevated market expectations. The repeated purchasing pattern in a declining price environment warrants attention to whether this reflects conviction based on near-term catalysts or other non-public information.

May 2025
2025-05-09
medium
EVP - CFO
1,000 shares
$19,600
@ $19.60
Significance 4/10

CFO Brad E Schwartz purchases 1,000 FXNC shares at $19.60, doubling holdings to 2,000 shares; stock down 26.0% over 90 days.

Brad E Schwartz, EVP and CFO, purchased 1,000 shares at $19.60 on 2025-05-08, doubling his position from 1,000 to 2,000 shares. The purchase occurs during a period of material weakness: the stock is 26.4% below its 52-week high of $26.66 and has declined 26.0% over the past 90 days and 3.0% over 30 days. Schwartz completed a prior purchase at the same ticker just two days earlier (2025-05-06), suggesting consecutive discretionary accumulation. However, his cross-ticker track record shows limited history (1 prior buy across all tickers), and outcomes from his same-ticker activity remain unmeasurable. The company's fundamentals show strong revenue growth of 38.5% year-over-year with a quarterly net income of $2.2M, though the valuation is elevated at a P/E of 40.02, which contextualizes the recent price pressure but does not clearly support the timing or motivation for this stepped-up accumulation.

2025-05-06
medium
EVP - CFO
1,000 shares
$19,570
@ $19.57
Significance 4/10

FXNC CFO Brad E Schwartz buys 1,000 shares at $19.57; stock down -26.9% from 52-week high, down -22.7% over 90 days.

Brad E Schwartz, EVP and CFO of FIRST NATIONAL CORP /VA/, acquired 1,000 shares at $19.57 on 2025-05-06, representing his initial stake in the company. The purchase occurs in a context of significant recent price deterioration: the stock is down -22.7% over the past 90 days and trades -26.9% below its 52-week high of $26.66, despite the company's strong fundamentals showing 38.5% annual revenue growth and a $2.2M net income in the latest quarter. While the CFO's initiation of a position may reflect some degree of commitment to the company, the acquisition should be evaluated against the company's current valuation (P/E of 39.80) and the stock's recent downtrend rather than treated as a decisive confidence signal.

December 2024
2024-12-10
low
4 shares
$62
@ $15.40
Significance 4/10

Director James R. Wilkins III buys 4 shares of FXNC at $15.40 on 2024-06-04; stock now at $25.70, +50.7% in 90 days.

Director Wilkins purchased 4 shares at $15.40, a modest transaction representing only a +0.0% change to his 9,369-share position at FXNC. The stock has appreciated significantly since the purchase date, trading at $25.70 (+50.7% over 90 days) and now only 0.2% below its 52-week high. Wilkins' track record across all tickers shows 20 prior buys with a 100% win rate at the 90-day mark, and his five prior purchases at FXNC were all well-timed, with 90-day returns ranging from 14.0% to 24.3%. However, the minimal share count acquired (4 shares, $61.60 total value) and negligible impact on his holdings (-0.0%) suggest this was a routine, de minimis transaction rather than a material capital commitment. The strong subsequent price performance and established pattern of well-timed acquisitions at this ticker provide some corroboration of asset quality, but the transaction scale offers limited insight into director conviction.

July 2024
2024-07-05
medium
7,500 shares
$116,700
@ $15.56
Significance 6/10

Director Patel Kirtesh bought 7,500 shares of FXNC at $15.56 on 2024-07-03; holdings rise 33.9% to 29,611 shares.

Director Patel Kirtesh purchased 7,500 shares at $15.56, increasing his position by 33.9% to 29,611 shares. His prior two transactions at FXNC (May 2023) both showed strong 90-day returns of +16.9% and +19.0%, establishing a pattern of well-timed accumulation at this ticker. The current stock price of $15.45 is down 29.0% from the 52-week high of $21.75, creating a lower entry point than when those prior purchases were made. The company's fundamentals show a P/E of 10.80 and modest annual revenue growth of 1.7%, suggesting a relatively modest-growth profile. The significant 33.9% increase in his personal holdings signals meaningful capital deployment at this price level, consistent with his prior buying pattern at FXNC.

2024-07-01
medium
532 shares
$7,982
@ $15.00
Significance 4/10

Director James R. Wilkins III purchases 532 shares across 2 transactions at FXNC for $7,981.60 (blended avg $15.00)

Director Wilkins made 2 separate open-market purchases totaling 532 shares for $7,981.60 ($8.0K) at a blended average price of $15.00 on June 27–28, 2024. This follows a concentrated buying pattern at FXNC: 5 prior purchases between June 17–26, all within the past 10 days, bringing his post-transaction holdings to 299.3K shares. The current stock price of $15.19 is -30.2% from its 52-week high of $21.75 and down 6.1% over 90 days, indicating the director is accumulating in a declining market environment. However, his cross-ticker track record shows 20 prior buys across all tickers with no measurable outcomes yet on same-ticker trades, making it premature to draw conclusions about timing accuracy at FXNC specifically. The company's fundamentals—$2.5M quarterly revenue, $3.2M net income, +1.7% annual revenue growth, and a P/E of 10.62—remain stable despite the stock's recent weakness.

June 2024
2024-06-27
low
388 shares
$5,801
@ $14.95
Significance 4/10

Director James R. Wilkins III bought 388 shares of FXNC at $14.95 on 2024-06-26; stock now at $15.17, down 30.2% from 52-week high.

Director Wilkins purchased 388 shares at $14.95, adding a modest 0.1% to his existing 298.8K share position at FIRST NATIONAL CORP /VA/. The stock has declined 6.7% over 90 days and trades 30.2% below its 52-week high, suggesting the purchase occurred during a period of weakness. His same-ticker history shows 5 prior buys within the same June 2024 window, all with outcomes not yet measurable, indicating a pattern of recent accumulation. Fundamentally, the company reports a P/E of 10.61 and generated net income of $3.2M on quarterly revenue of $2.5M, with modest annual revenue growth of 1.7%.

More Depository Institutions companies

Get alerts for FXNC

Add FXNC to your watchlist and we'll email you when an insider files a Form 4 — with our AI's significance score and a plain-English read of what it means.

Sign up — free during early access