Virginia National Bankshares Corp 8-K, filed Oct 8, 2026
Virginia National Bankshares Corp (VABK)
About this 8-K
Virginia National Bankshares Corp filed this 8-K on October 8, 2026, reporting on events of October 6, 2026.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On October 6, 2026, Virginia National Bankshares Corporation (the "Company") announced a share repurchase plan. The share repurchase plan authorizes the Company to repurchase up to $18.7 million of the Company's common stock, par value $2.50 per share, through October 5, 2027.
Repurchases under the plan may be made in the open market, in privately negotiated transactions or otherwise, with the amount and timing of repurchases depending on market conditions and corporate needs. Open market repurchases are expect to be structured to occur within the pricing and volume requirements of Rule 10b-18. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization.
This plan does not obligate the Company to acquire any particular amount of Common Stock and the plan may be extended, modified, suspended or discontinued at any time at the Company’s discretion.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Virginia National Bankshares Corporation |
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Date: |
October 8, 2026 |
By: |
/s/ Cathy W. Liles |
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Cathy W. Liles |