Insider Buy: BOTJ Director Purchases 356 Shares on 08/14/2025

Rhea-AI Filing Summary

J. Todd Scruggs, a director and the secretary-treasurer of Bank of the James Financial Group, Inc. (BOTJ), reported a purchase of 356 shares of the company’s common stock on 08/14/2025 at a price of $14.2999 per share. After this transaction, the filing shows Mr. Scruggs beneficially owns 33,349 shares in total, and an additional 158 shares are indicated as indirectly owned by his spouse. The Form 4 was signed by a power of attorney on 08/15/2025.

This filing discloses a routine insider purchase and the resulting reported beneficial ownership levels; no derivative transactions or other security classes are reported in the document.

Positive

• Insider purchase disclosed: Reporting person acquired 356 shares, which is a transparent insider transaction reported under Section 16.
• Clear beneficial ownership reporting: Filing shows total beneficial ownership of 33,349 shares and discloses 158 shares indirectly owned by spouse.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchased 356 shares at $14.2999, a routine disclosure with limited market impact based on provided data.

The Form 4 documents a direct acquisition of 356 shares by J. Todd Scruggs on 08/14/2025 at $14.2999 per share, increasing his reported beneficial ownership to 33,349 shares. The transaction type is a straightforward purchase with no reported derivatives or complex instruments. From a trading-volume perspective the filing contains no evidence of material position changes or large-scale reallocations. The disclosure is useful for tracking insider activity but does not, by itself, indicate a material change to company capitalization or control.

Corporate Governance Expert

TL;DR: Director/officer purchase reported; procedural signature by POA and spouse ownership noted, standard Section 16 disclosure.

The filing confirms J. Todd Scruggs holds roles as both a director and an officer (Secretary-Treasurer) and reports a purchase of 356 common shares. The Form 4 includes an explicit note of 158 shares indirectly owned by the reporting person’s spouse, which is standard for beneficial ownership reporting. The document was executed via power of attorney, evidenced by the signature block. There are no amendments, dispositions, or derivative positions disclosed that would raise governance concerns in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SCRUGGS J TODD

(Last) (First) (Middle)

828 MAIN ST

(Street)

LYNCHBURG VA 24504

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BANK OF THE JAMES FINANCIAL GROUP INC [ BOTJ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Secretary-Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, Par Value 2.14	08/14/2025		P		356	A	$14.2999	33,349	D
Common Stock, Par Value 2.14								158	I	Owned by Mr. Scruggs' spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Eric J. Sorenson, Jr., POA for J. Todd Scruggs	08/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did J. Todd Scruggs report on Form 4 for BOTJ?

The Form 4 reports a purchase of 356 shares of common stock on 08/14/2025 at $14.2999 per share.

How many shares does the reporting person beneficially own after the transaction?

The filing reports 33,349 shares beneficially owned by J. Todd Scruggs after the reported purchase.

Are there any indirect ownership interests disclosed?

Yes. The Form 4 discloses 158 shares as indirectly owned by Mr. Scruggs' spouse.

Were any derivative securities or dispositions reported in this Form 4?

No. The filing includes only a non-derivative purchase transaction and does not report any derivative securities or dispositions.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Eric J. Sorenson, Jr., POA for J. Todd Scruggs on 08/15/2025.