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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
 
 
Date of Report (Date of earliest event reported): May 1, 2026
 
 
 
FIRST COMMUNITY BANKSHARES, INC.
  
(Exact name of registrant as specified in its charter)
 
Virginia
  
000-19297
  
55-0694814
(State or other jurisdiction
  
(Commission
  
(IRS Employer
of incorporation)
  
File Number)
  
Identification No.)
 
P.O. Box 989
Bluefield, Virginia
  
24605-0989
(Address of principal executive offices)
  
(Zip Code)
 
 
Registrant’s telephone number, including area code: (276) 326-9000
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
  
Trading Symbol(s)
  
Name of each exchange on which registered
         
Common Stock ($1.00 par value)
  
FCBC
  
NASDAQ Global Select
 
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 May 1, 2026, Bearing Insurance Group, LLC (“Bearing”) completed its sale to BroadStreet Partners Group, LLC.  First Community Bankshares, Inc. (the “Company”) owned 11 units of Bearing.  The Company expects to realize a pre-tax gain of approximately $10 million in connection with sale of Bearing.
 
 
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.
 
 
 
FIRST COMMUNITY BANKSHARES, INC.
     
Date:
May 1, 2026
  
By:
/s/ David D. Brown
   
David D. Brown
   
Chief Financial Officer