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National Bankshares, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and National Bankshares, Inc.’s Form 8-K, filed 2026-05-13 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 5Ballot items
  • 111Asset managers
  • 565Fund votes
  • 2026-05-12Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore National Bankshares, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by National Bankshares, Inc.

These tallies are National Bankshares, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-05-13 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

National Bankshares, Inc. — official shareholder meeting results, meeting held 2026-05-12
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Mildred R. Johnson 3,360,502---- 273,9291,240,439 Majority: yes
Elect Director: Lutheria H. Smith 3,301,072---- 333,3591,240,439 Majority: yes
Elect Director: James C. Thompson 3,478,101---- 156,3301,240,439 Majority: yes
Proposal 2: Advisory (Non-Binding) Vote to Approve the Compensation of the Company's Named Executive Officers The stockholders approved a (non-binding) advisory vote to approve the compensation of the named executive officers 3,233,731367,70832,992 --1,240,439 Majority: yes
Proposal 3: Ratification of the appointment of Yount, Hyde & Barbour, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2026. The stockholders voted to ratify the Company's Board of Directors' appointment of Y 4,850,0649,85714,949 ---- Majority: yes

Source: National Bankshares, Inc., Form 8-K, filed with the SEC on 2026-05-13 — read the filing on EDGAR.

How asset managers voted at the National Bankshares, Inc. 2025-2026 meeting

Each item below shows how the 111 asset managers that disclosed a National Bankshares, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Advisory (non-binding) vote to approve the compensation of the Company's named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%
FOR: 3,233,731AGAINST: 367,708

National Bankshares, Inc.’s own tally for this item (“Proposal 2: Advisory (Non-Binding) Vote to Approve the Compensation of the Company's Named Executive Officers The stockholders approved a (non-binding) advisory vote to approve the compensation of the named executive off”): 3,233,731 for, 367,708 against, per its Form 8-K filed 2026-05-13 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 6,368,410 outstanding shares: 50.8% for, 6% against (57% of the company cast a for/against vote).

The 111 asset managers below cast 88% of the shares they voted on this item FOR (1,682,872 for, 231,359 against).

FOR 88%12%
FOR: 1,682,872 (87.9%)AGAINST: 231,359 (12.1%)
Largest asset managers voting on “Advisory (non-binding) vote to approve the compensation of the Company's named executive officers.” at National Bankshares, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock404,0422 00For
Vanguard335,0460 00For
Fourthstone LLC161,4340 00For
GEODE CAPITAL MANAGEMENT, LLC151,8710 00For
Fidelity129,4280 00For
BRANDES INVESTMENT PARTNERS, LP0127,711 00Against
Datum One Series Trust093,901 00Against
Dimensional55,0760 00For
Charles Schwab52,7500 00For
Rhino Investment Partners, Inc48,3970 00For
T. Rowe Price39,6470 00For
Northern Trust38,791332 00For
ACADIAN ASSET MANAGEMENT LLC33,2830 00For
CAPTRUST FINANCIAL ADVISORS25,4640 00For
MELLON INVESTMENTS Corp18,6750 00For
Taylor Hoffman Capital Management LLC18,1500 00For
Equitable12,6350 00For
Nuveen11,0330 00For
QUANTITATIVE MASTER SERIES LLC9,9950 00For
D.A. DAVIDSON & CO.9,9450 00For
Goldman Sachs9,0870 00For
TIAA8,4740 00For
MARSHALL WACE, LLP7,6680 00For
LPL Financial LLC7,5200 00For
RBC Capital Markets, LLC5,2920 00For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

2. Election of three Class 3 Directors to serve a term of three years each until the 2029 Annual Meeting: James C. Thompson, Class 3 Director

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 3,478,101WITHHELD: 156,330

National Bankshares, Inc.’s own tally for this item (“Elect Director: James C. Thompson”): 3,478,101 for, 156,330 withheld, per its Form 8-K filed 2026-05-13 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 6,368,410 outstanding shares: 54.6% for, 2% withheld (57% of the company cast a for/withheld vote).

The 36 asset managers below cast 100% of the shares they voted on this item FOR (854,867 for, 0 against).

FOR 98%
FOR: 854,867 (97.8%)ABSTAIN: 18,847 (2.2%)
Largest asset managers voting on “Election of three Class 3 Directors to serve a term of three years each until the 2029 Annual Meeting: James C” at National Bankshares, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard293,0500 00For
BlackRock217,3620 00For
Fidelity129,0930 00For
Datum One Series Trust93,9010 00For
Dimensional39,4360 00For
Charles Schwab26,3750 00For
Equitable10,6350 2,0000For
QUANTITATIVE MASTER SERIES LLC9,9950 00For
Goldman Sachs8,9440 00For
TIAA00 8,4740Abstain
Lincoln Financial2220 4,1000Abstain
Northern Trust00 3,4940Abstain
AIG/SunAmerica3,2900 00For
Global X2,8410 00For
Bridge Builder Trust2,7930 00For
John Hancock2,5400 00For
Pacific Life2,1550 00For
Nationwide2,0270 00For
Brighthouse1,9830 00For
Invesco1,1810 00For
ProShares1,1510 00For
Jackson National1,0250 00For
DWS8950 00For
Prudential/PGIM7800 00For
Victory Capital6680 00For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

3. Election of three Class 3 Directors to serve a term of three years each until the 2029 Annual Meeting: Lutheria H. Smith, Class 3 Director

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%
FOR: 3,301,072WITHHELD: 333,359

National Bankshares, Inc.’s own tally for this item (“Elect Director: Lutheria H. Smith”): 3,301,072 for, 333,359 withheld, per its Form 8-K filed 2026-05-13 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 6,368,410 outstanding shares: 51.8% for, 5% withheld (57% of the company cast a for/withheld vote).

The 36 asset managers below cast 100% of the shares they voted on this item FOR (768,862 for, 0 against).

FOR 88%12%
FOR: 768,862 (88.0%)ABSTAIN: 104,852 (12.0%)
Largest asset managers voting on “Election of three Class 3 Directors to serve a term of three years each until the 2029 Annual Meeting: Lutheri” at National Bankshares, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard293,0500 00For
BlackRock217,3620 00For
Fidelity129,0930 00For
Datum One Series Trust00 93,9010Abstain
Dimensional39,4360 00For
Charles Schwab26,3750 00For
Equitable10,6350 2,0000For
QUANTITATIVE MASTER SERIES LLC9,9950 00For
Goldman Sachs8,9440 00For
TIAA00 8,4740Abstain
Lincoln Financial4,3220 00For
Northern Trust3,4940 00For
AIG/SunAmerica3,2900 00For
Global X2,8410 00For
Bridge Builder Trust2,7930 00For
John Hancock2,5400 00For
Pacific Life2,1550 00For
Nationwide2,0270 00For
Brighthouse1,9830 00For
Invesco1,1810 00For
ProShares1,1510 00For
Jackson National1,0250 00For
DWS8950 00For
Prudential/PGIM7800 00For
Victory Capital6680 00For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

4. Election of three Class 3 Directors to serve a term of three years each until the 2029 Annual Meeting: Mildred R. Johnson, Class 3 Director

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 3,360,502WITHHELD: 273,929

National Bankshares, Inc.’s own tally for this item (“Elect Director: Mildred R. Johnson”): 3,360,502 for, 273,929 withheld, per its Form 8-K filed 2026-05-13 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 6,368,410 outstanding shares: 52.8% for, 4% withheld (57% of the company cast a for/withheld vote).

The 36 asset managers below cast 100% of the shares they voted on this item FOR (768,862 for, 0 against).

FOR 88%12%
FOR: 768,862 (88.0%)ABSTAIN: 104,852 (12.0%)
Largest asset managers voting on “Election of three Class 3 Directors to serve a term of three years each until the 2029 Annual Meeting: Mildred” at National Bankshares, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard293,0500 00For
BlackRock217,3620 00For
Fidelity129,0930 00For
Datum One Series Trust00 93,9010Abstain
Dimensional39,4360 00For
Charles Schwab26,3750 00For
Equitable10,6350 2,0000For
QUANTITATIVE MASTER SERIES LLC9,9950 00For
Goldman Sachs8,9440 00For
TIAA00 8,4740Abstain
Lincoln Financial4,3220 00For
Northern Trust3,4940 00For
AIG/SunAmerica3,2900 00For
Global X2,8410 00For
Bridge Builder Trust2,7930 00For
John Hancock2,5400 00For
Pacific Life2,1550 00For
Nationwide2,0270 00For
Brighthouse1,9830 00For
Invesco1,1810 00For
ProShares1,1510 00For
Jackson National1,0250 00For
DWS8950 00For
Prudential/PGIM7800 00For
Victory Capital6680 00For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

5. Ratification of the selection of Yount, Hyde & Barbour P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2026.

AUDIT-RELATEDMajority of the votes cast: yes

99.7% Majority: yes · of votes cast

FOR 99.7%
FOR: 4,850,064AGAINST: 9,857

National Bankshares, Inc.’s own tally for this item (“Proposal 3: Ratification of the appointment of Yount, Hyde & Barbour, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2026. The stockholders voted to ratify the Compan”): 4,850,064 for, 9,857 against, per its Form 8-K filed 2026-05-13 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 6,368,410 outstanding shares: 76% for, 0.2% against (76% of the company cast a for/against vote).

The 36 asset managers below cast 99.9% of the shares they voted on this item FOR (873,518 for, 196 against).

FOR 99.9%
FOR: 873,518 (100.0%)AGAINST: 196 (0.0%)
Largest asset managers voting on “Ratification of the selection of Yount, Hyde & Barbour P.C. as the Company's independent registered public acc” at National Bankshares, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard292,854196 00For
BlackRock217,3620 00For
Fidelity129,0930 00For
Datum One Series Trust93,9010 00For
Dimensional39,4360 00For
Charles Schwab26,3750 00For
Equitable12,6350 00For
QUANTITATIVE MASTER SERIES LLC9,9950 00For
Goldman Sachs8,9440 00For
TIAA8,4740 00For
Lincoln Financial4,3220 00For
Northern Trust3,4940 00For
AIG/SunAmerica3,2900 00For
Global X2,8410 00For
Bridge Builder Trust2,7930 00For
John Hancock2,5400 00For
Pacific Life2,1550 00For
Nationwide2,0270 00For
Brighthouse1,9830 00For
Invesco1,1810 00For
ProShares1,1510 00For
Jackson National1,0250 00For
DWS8950 00For
Prudential/PGIM7800 00For
Victory Capital6680 00For

Showing the 25 largest of 36 asset managers. See all 36 in the interactive database.

Largest National Bankshares, Inc. shareholders voting in 2025-2026

Ranked by the number of National Bankshares, Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 6,368,410 shares outstanding at the time of that meeting.

Top National Bankshares, Inc. shareholders by shares voted, 2025-2026
#Asset manager % of shares outstanding
1BlackRock 6.34%
2Vanguard 5.26%
3Fourthstone LLC 2.53%
4GEODE CAPITAL MANAGEMENT, LLC 2.38%
5Fidelity 2.03%
6BRANDES INVESTMENT PARTNERS, LP 2.01%
7Datum One Series Trust 1.47%
8Dimensional 0.86%
9Charles Schwab 0.83%
10Rhino Investment Partners, Inc 0.76%

Reported National Bankshares, Inc. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

National Bankshares, Inc. beneficial owners on record for the 2025-2026 proxy season
Holder % outstanding Disclosure
BlackRock 6.93% 13F
Vanguard Group 5.31% 13F
Geode Capital 2.37% 13F
Dimensional Fund Advisors 2.11% 13F
State Street 1.35% 13F
Northern Trust 0.75% 13F
Renaissance Technologies 0.46% 13F
Morgan Stanley 0.40% 13F
Goldman Sachs 0.34% 13F
T. Rowe Price 0.32% 13F

Percentages above are of 6,368,410 shares outstanding, as reported by National Bankshares, Inc. on its Form 10-K dated 2026-03-27 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from National Bankshares, Inc.’s 10-K dated 2026-03-27. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At National Bankshares, Inc.'s shareholder meeting held 2026-05-12, in the 2025-2026 proxy season, 111 asset managers reported how they voted on 5 ballot items in their SEC Form N-PX filings, covering 565 separate fund positions. On the most widely held item on that ballot — Advisory (non-binding) vote to approve the compensation of the Company's named executive… — FOR was 90% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: National Bankshares, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2026-05-13.

National Bankshares, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).