<SEC-DOCUMENT>0001437749-24-030625.txt : 20241003
<SEC-HEADER>0001437749-24-030625.hdr.sgml : 20241003
<ACCEPTANCE-DATETIME>20241003164631
ACCESSION NUMBER:		0001437749-24-030625
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20241001
FILED AS OF DATE:		20241003
DATE AS OF CHANGE:		20241003

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Wagstaff Norman D Jr
		CENTRAL INDEX KEY:			0002040087
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38874
		FILM NUMBER:		241352130

	MAIL ADDRESS:	
		STREET 1:		112 W KING ST
		CITY:			STRASBURG
		STATE:			VA
		ZIP:			22657

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST NATIONAL CORP /VA/
		CENTRAL INDEX KEY:			0000719402
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				541232965
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		112 WEST KING STREET
		CITY:			STRASBURG
		STATE:			VA
		ZIP:			22657
		BUSINESS PHONE:		5404659121

	MAIL ADDRESS:	
		STREET 1:		112 WEST KING STREET
		CITY:			STRASBURG
		STATE:			VA
		ZIP:			22657
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>WAGSTAFF 10.3.24
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-10-01</periodOfReport>

    <issuer>
        <issuerCik>0000719402</issuerCik>
        <issuerName>FIRST NATIONAL CORP /VA/</issuerName>
        <issuerTradingSymbol>FXNC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002040087</rptOwnerCik>
            <rptOwnerName>Wagstaff Norman D Jr</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>112 WEST KING STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>STRASBURG</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>22657</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $1.25 par value</value>
            </securityTitle>
            <transactionDate>
                <value>2024-10-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>97464</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>97464</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Reflects common shares of First National Corporation received in exchange for 120,000 common shares of Touchstone Bankshares at the effective time of the merger of Touchstone Bankshares into First National Corporation, pursuant to the agreement and plan of merger between First National Corporation and Touchstone Bankshares. Represents an exchange ratio of 0.8122 First National Corporation common shares per common share of Touchstone Bankshares, with cash paid in lieu of fractional shares.</footnote>
        <footnote id="F2">The closing price per common share of Touchstone Bankshares on the day immediately preceding the effective date of the merger was $14.25 per share, and the closing price per common share of First National Corporation on the effective date of the merger was $17.50 per share.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ M. Shane Bell, by Power of Attorney</signatureName>
        <signatureDate>2024-10-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
