NATIONAL BANKSHARES INC 8-K

What Happened
National Bankshares, Inc. (NKSH) filed an 8-K on March 20, 2026 announcing that Paul M. Mylum, the Company’s Executive Vice President and Chief Lending Officer (also of its subsidiary The National Bank of Blacksburg), informed the company on March 16, 2026 that he will resign effective May 15, 2026. Mr. Mylum is relocating to be closer to family and has accepted the position of President of The Bank of Charlotte County, headquartered in Phenix, Virginia.

Key Details

• Mr. Paul M. Mylum notified the company on March 16, 2026; resignation effective May 15, 2026.
• Role affected: Executive Vice President and Chief Lending Officer for National Bankshares and The National Bank of Blacksburg.
• New position: President of The Bank of Charlotte County (Phenix, VA).
• 8-K was filed and signed by Lara E. Ramsey, President & CEO, on March 20, 2026.

Why It Matters
This is a disclosed executive departure in a senior lending role, which could affect continuity in lending strategy, loan origination or credit oversight until a successor is named. The filing does not report any immediate financial impact or a replacement; investors should watch for follow-up announcements about a successor or changes to lending leadership and policies.