SC 13G/A: FIRST NATIONAL CORP /VA/

AI Summary

SC 13G/A filing by FIRST NATIONAL CORP /VA/.

Risk Assessment

Risk Level: low

FAQ

Key Financial Figures

• $1.25 — Corp. (Name of Issuer) Common Stock $1.25 par value per share (Titles of Class

Filing Documents

• fxnc-sc13ga_093024.htm (SC 13G/A) — 163KB
• 0001839882-24-039058.txt ( ) — 165KB

From the Filing

SC 13G/A 1 fxnc-sc13ga_093024.htm AMENDMENT TO SC 13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A (Amendment No. 4)* Under the Securities Exchange Act of 1934 First National Corp. (Name of Issuer) Common Stock $1.25 par value per share (Titles of Class of Securities) 32106V107 (CUSIP Number) September 30, 2024 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out of a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “ Act ”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ). CUSIP No. 32106V107 13G/A Page 2 of 11 1 NAME OF REPORTING PERSON Fourthstone LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER - 0 - 6 SHARED VOTING POWER 627,467 7 SOLE DISPOSITIVE POWER - 0 - 8 SHARED DISPOSITIVE POWER 627,467 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 627,467 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.99% (1) 12 TYPE OF REPORTING PERSON IA (1) Based on 6,280,406 shares of Common Stock (as defined below) of the Issuer (as defined below) outstanding as of August 9, 2024 based on the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 14, 2024. Fourthstone LLC acquired the Issuer’s shares in the ordinary course of business as a registered investment adviser and not with the purpose nor with the effect of influencing the control of the Issuer. CUSIP No. 32106V107 13G/A Page 3 of 11 1 NAME OF REPORTING PERSON Fourthstone Master Opportunity Fund Ltd 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER - 0 - 6 SHARED VOTING POWER 466,226 7 SOLE DISPOSITIVE POWER - 0 - 8 SHARED DISPOSITIVE POWER 466,226 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 466,226 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.42% (2) 12 TYPE OF REPORTING PERSON OO (2) Based on 6,280,406 shares of Common Stock (as defined below) of the Issuer (as defined below) outstanding as of August 9, 2024 based on the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 14, 2024. CUSIP No. 32106V107 13G/A Page 4 of 11 1 NAME OF REPORTING PERSON Fourthstone GP LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER - 0 - 6 SHARED VOTING POWER 161,241 7 SOLE DISPOSITIVE POWER - 0 - 8 SHARED DISPOSITIVE POWER 161,241 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 161,241 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.57% (3) 12 TYPE OF REPORTING PERSON OO (3) Based on 6,280,406 shares of Common Stock (as defined below) of the Issuer (as defined below) outstanding as of August 9, 2024 based on the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 14, 2024. Fourthstone GP LLC is the general partner of and may be deemed to beneficially own securities owned by Fourthstone QP Opportunity Fund LP and Fourthstone Small-Cap Financials Fund LP. CUSIP No. 32106V107 13G/A Page 5 of 11 1 NAME OF REPORTING PERSON Fourthstone QP Opportunity Fund LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER - 0 - 6 SHARED VOTING POWER 144,809 7 SOLE DISPOSITIVE POWER - 0 - 8 SHARED DISPOSITIVE POWER 144,809 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY

View Full Filing

View this SC 13G/A filing on SEC EDGAR