X0306 4 2020-11-05 0 0000719402 FIRST NATIONAL CORP /VA/ FXNC 0001415023 Smith Gerald F JR 112 W KING ST STRASBURG VA 22657 1 0 0 0 Common Stock, $1.25 par value 2020-11-05 4 P 0 3196 14.044 A 9243 D Common Stock, $1.25 par value 2020-11-06 4 P 0 890 14.1189 A 10133 D Common Stock, $1.25 par value 12016 I By G F Smith Jr Revocable Trust Common Stock, $1.25 par value 48493 I By Elise D. Smith (Daughter) Common Stock, $1.25 par value 900 I By Kaye Dehaven Smith Irrevocable Trust FBO Elise D. Smith (Daughter) This transaction was executed in multiple trades at prices ranging from $14.00 to $14.05. 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. This transaction was executed in multiple trades at prices ranging from $14.00 to $14.22. 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 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. The reporting person serves as co-trustee of this irrevocable trust. Justin M. Hockman, by Power of Attorney 2020-11-09