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): April 27, 2010

StellarOne Corporation

(Exact name of registrant as specified in its charter)

590 Peter Jefferson Parkway, Suite 250

Charlottesville, Virginia 22911

(Address of principal offices, including zip code)

(540) 829-1633

(Registrant’s telephone number, including area code)

n/a

(Former name or former address, if changed since last report)

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 (see General Instruction A.2. below):

StellarOne Corporation (the “Corporation”) held its annual shareholders meeting on April 27, 2010. At the annual meeting, shareholders (i) elected one director nominee to serve as a Class I director with a term expiring at the 2011 annual meeting, one director nominee to serve as a Class II director with a term expiring at the 2012 annual meeting, and five director nominees to serve as Class III directors with terms expiring at the 2013 annual meeting or, in each case, until a successor is duly elected and qualified; (ii) approved the amendment of the Corporation’s articles of incorporation to declassify the Board of Directors and phase in annual election of directors beginning at the 2011 annual meeting; (iii) approved, in an advisory vote, the executive officer compensation disclosed in the Corporation’s 2010 proxy statement; and (iv) ratified the Audit and Compliance Committee’s appointment of Grant Thornton LLP as the Corporation’s independent registered public accountants for the year ending December 31, 2010.

The independent inspectors of elections reported the vote of the shareholders as follows:

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Pursuant to Regulation FD, information is being furnished as an exhibit to this Current Report with respect to a presentation during the annual meeting of shareholders on April 27, 2010, discussing the strategies and performance of the Corporation, made by O. R. Barham, Jr., President and Chief Executive Officer, and Jeffrey W. Farrar, Executive Vice President and Chief Financial Officer. Mr. Farrar reviewed the following general statements relative to first quarter results, with the official earnings release scheduled for April 29, 2010:

The statements contained in this presentation may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from historical results, or those anticipated. When we use words such as “believes,” “expects,” “anticipates” or similar expressions, we are making forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s analysis only as of the date thereof. StellarOne wishes to caution the reader that factors, such as those listed below, in some cases have affected and could affect StellarOne’s actual results, causing actual results to differ materially from those in any forward-looking statement. These factors include: (i) continuation of the historically low short-term interest rates, (ii) a change in real estate or capital market conditions which could lead to asset quality deterioration or asset impairments including intangibles, (iii) the inability of StellarOne to grow its portfolio at historical growth rates, (iv) the impact of governmental restrictions on entities participating in the US Treasury Department Capital Purchase Program, and (v) mergers and acquisitions. Please refer to StellarOne’s filings with the Securities and Exchange Commission for additional information, which may be accessed at www.StellarOne.com.

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(d) Exhibits.

The following exhibits are filed herewith:

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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.

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Exhibit Index

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