Insider purchase: BOTJ director acquires 2,525 shares at ~$15.43

Rhea-AI Filing Summary

Director William C. Bryant III purchased 2,525 shares of Bank of the James Financial Group, Inc. (BOTJ) on August 25, 2025, at an average price of $15.43 per share, with per-share prices ranging from $15.15 to $15.51 across multiple transactions. After the purchase the reporting person beneficially owned 75,618 shares. The Form 4 was signed by a power of attorney on August 26, 2025. The filing identifies Mr. Bryant as a director and notes the transactions were non-derivative common stock acquisitions recorded as open-market purchases.

This disclosure provides a clear snapshot of insider buying activity but contains no accompanying commentary on intent, a trading plan, or links to broader company results or events.

Positive

• Director purchase disclosed promptly, showing insider engagement
• Beneficial ownership increased to 75,618 shares after the transactions
• Average price and range provided ($15.43 average; $15.15–$15.51 range) for transparency

Negative

• None.

Insights

Securities Analyst

TL;DR: A company director made modest open-market purchases, increasing his stake to 75,618 shares at an average $15.43.

The reported transaction is a straightforward non-derivative purchase by a director, which can be interpreted as an alignment of personal capital with the company. The size—2,525 shares at an average price of $15.43—is unlikely by itself to be transformational for shareholders or for valuation metrics, but it is a positive signal of insider confidence. The Form 4 does not disclose whether purchases were part of a Rule 10b5-1 plan or a one-off acquisition, and no further material corporate context is provided.

Corporate Governance Expert

TL;DR: Director purchase disclosed properly; filing gives clear ownership update but lacks plan or intent details.

The filing fulfills Section 16 reporting requirements and documents beneficial ownership post-transaction. From a governance perspective, timely reporting and use of a power of attorney for signature are compliant practices. The absence of an explicit 10b5-1 designation or additional explanatory remarks limits insight into whether the purchases were discretionary or pre-planned, which matters for interpreting the strength of the signal. Impact appears routine rather than material.

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^*

BRYANT WILLIAM C III

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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	08/25/2025	08/25/2025	P		2,525(1)	A	$15.43(2)	75,618	D

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:

1. Shares acquired in multiple transactions on August 25, 2025.

2. Average price paid. Shares acquired in multiple transactions with price per share ranging from $15.15 to $15.51.

	/s/ J. Todd Scruggs, POA for William C. Bryant III	08/26/2025
	** 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 did BOTJ director William C. Bryant III file on Form 4?

He reported acquiring 2,525 shares of Bank of the James Financial Group, Inc. common stock on 08/25/2025.

What price did William C. Bryant III pay for the BOTJ shares?

Average price $15.43 per share, with transaction prices ranging from $15.15 to $15.51.

How many BOTJ shares does William C. Bryant III own after the transaction?

75,618 shares beneficially owned following the reported purchases.

Was the Form 4 for BOTJ filed on time and properly signed?

Yes. The Form 4 was signed by a power of attorney on 08/26/2025 and discloses the transactions dated 08/25/2025.

Does the Form 4 state if purchases were under a 10b5-1 plan?

No. The filing does not indicate the purchases were made pursuant to a 10b5-1 plan or other pre-arranged trading plan.