FIRST NATIONAL CORP /VA/
For the period ended May 14, 2025. Filed Apr 3, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 14, 2025 · Filed Apr 3, 2025
FXNC$30.42+0.2%Stored close · as of Nov 6, 2026
Contents
The Process
| ● | Evaluating the strengths and weaknesses of the existing Board and the need for additional Board positions; |
| ● | Considering candidates for Board membership suggested by its members and other Board members, as well as management and shareholders; |
| ● | Consulting about potential candidates with the Chair of the Board, the Chief Executive Officer, and other directors as appropriate; |
| ● | Evaluating the prospective nominee against the specific criteria established for the position, including, but not limited to the criteria below; |
| ● | Interviewing the nominee if the Committee decides to proceed with further consideration; |
| ● | Recommending an action to the Board that makes the final determination whether to nominate or appoint the new director after considering the Committee’s report; and |
| ● | Generally maintaining criteria for Board positions which are utilized to evaluate directors and director nominees. |
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