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[8-K] Blue Ridge Bankshares, Inc. Reports Material Event

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8-K
Rhea-AI Filing Summary

Form 4 discloses that Teresa E. Watkins, Chief Operations Officer of Green Dot Corp. (GDOT), had 656 Class A shares withheld on 22 Jul 2025 to satisfy tax obligations arising from the net-settlement of previously granted RSUs. The withholding was priced at $10.27, equal to that day’s closing price, and is coded “F”, indicating no open-market sale. Post-transaction direct ownership stands at 111,145 shares.

No derivative security activity was reported and there were no purchases or discretionary sales. The event is routine, non-cash and does not reflect a change in the insider’s investment outlook. Market impact is therefore expected to be negligible.

Il modulo 4 rivela che Teresa E. Watkins, Chief Operations Officer di Green Dot Corp. (GDOT), ha avuto 656 azioni di Classe A trattenute il 22 luglio 2025 per soddisfare obblighi fiscali derivanti dal regolamento netto di RSU precedentemente assegnate. La trattenuta è stata valutata a 10,27 $, pari al prezzo di chiusura di quel giorno, ed è contrassegnata con il codice “F”, che indica nessuna vendita sul mercato aperto. La proprietà diretta post-transazione ammonta a 111.145 azioni.

Non è stata riportata alcuna attività su strumenti derivati né acquisti o vendite discrezionali. L’evento è di routine, non in contanti e non riflette un cambiamento nella visione d’investimento dell’insider. Pertanto, l’impatto sul mercato è previsto trascurabile.

El formulario 4 revela que Teresa E. Watkins, directora de operaciones de Green Dot Corp. (GDOT), tuvo 656 acciones Clase A retenidas el 22 de julio de 2025 para cumplir con obligaciones fiscales derivadas del asentamiento neto de RSU previamente otorgadas. La retención se valoró en $10.27, igual al precio de cierre de ese día, y está codificada como “F”, indicando que no hubo venta en el mercado abierto. La propiedad directa posterior a la transacción es de 111,145 acciones.

No se reportó actividad con valores derivados ni compras o ventas discrecionales. El evento es rutinario, no en efectivo y no refleja un cambio en la perspectiva de inversión del insider. Por lo tanto, se espera que el impacto en el mercado sea insignificante.

Form 4에 따르면 Green Dot Corp.(GDOT)의 최고운영책임자(COO)인 Teresa E. Watkins가 2025년 7월 22일에 이전에 부여된 RSU의 순결제에 따른 세금 의무를 충족하기 위해 656주 클래스 A 주식을 원천징수했습니다. 원천징수 가격은 $10.27로 해당일 종가와 동일하며, 이는 공개시장 판매가 없음을 나타내는 “F” 코드로 표시됩니다. 거래 후 직접 보유 주식 수는 111,145주입니다.

파생상품 관련 활동 보고는 없었고, 매수 또는 임의 매도도 없었습니다. 이 이벤트는 일상적이고 현금 거래가 아니며 내부자의 투자 전망 변화와는 무관합니다. 따라서 시장에 미치는 영향은 미미할 것으로 예상됩니다.

Le formulaire 4 révèle que Teresa E. Watkins, directrice des opérations de Green Dot Corp. (GDOT), a eu 656 actions de classe A retenues le 22 juillet 2025 pour satisfaire des obligations fiscales liées au règlement net d’unités d’actions restreintes (RSU) précédemment attribuées. La retenue a été valorisée à 10,27 $, soit le cours de clôture de ce jour, et est codée « F », indiquant qu’il n’y a pas eu de vente sur le marché ouvert. La détention directe après la transaction s’élève à 111 145 actions.

Aucune activité sur des titres dérivés n’a été signalée, ni achats ou ventes discrétionnaires. L’événement est routinier, sans impact en numéraire et ne reflète pas de changement dans la perspective d’investissement de l’initié. L’impact sur le marché est donc attendu comme négligeable.

Formular 4 offenbart, dass Teresa E. Watkins, Chief Operations Officer von Green Dot Corp. (GDOT), am 22. Juli 2025 656 Class-A-Aktien einbehalten wurden, um Steuerverpflichtungen aus der Nettosettlement von zuvor gewährten RSUs zu erfüllen. Der Einbehalt erfolgte zum Preis von 10,27 $, dem Schlusskurs des Tages, und ist mit dem Code „F“ gekennzeichnet, was keinen Verkauf am offenen Markt bedeutet. Der direkte Besitz nach der Transaktion beträgt 111.145 Aktien.

Es wurden keine Aktivitäten mit Derivaten gemeldet, ebenso keine Käufe oder diskretionären Verkäufe. Das Ereignis ist routinemäßig, nicht bar und spiegelt keine Änderung der Investmentperspektive des Insiders wider. Daher wird der Markteinfluss voraussichtlich vernachlässigbar sein.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax-withholding; COO keeps 111k shares—no market signal.

This filing records an automatic share withholding to cover RSU taxes. Because the shares were not sold on the open market and represent <1% of the insider’s holdings, it offers no insight into management’s sentiment. Insider still retains a sizable stake, so alignment with shareholders remains intact. I view the disclosure as administrative and immaterial to valuation or liquidity.

Il modulo 4 rivela che Teresa E. Watkins, Chief Operations Officer di Green Dot Corp. (GDOT), ha avuto 656 azioni di Classe A trattenute il 22 luglio 2025 per soddisfare obblighi fiscali derivanti dal regolamento netto di RSU precedentemente assegnate. La trattenuta è stata valutata a 10,27 $, pari al prezzo di chiusura di quel giorno, ed è contrassegnata con il codice “F”, che indica nessuna vendita sul mercato aperto. La proprietà diretta post-transazione ammonta a 111.145 azioni.

Non è stata riportata alcuna attività su strumenti derivati né acquisti o vendite discrezionali. L’evento è di routine, non in contanti e non riflette un cambiamento nella visione d’investimento dell’insider. Pertanto, l’impatto sul mercato è previsto trascurabile.

El formulario 4 revela que Teresa E. Watkins, directora de operaciones de Green Dot Corp. (GDOT), tuvo 656 acciones Clase A retenidas el 22 de julio de 2025 para cumplir con obligaciones fiscales derivadas del asentamiento neto de RSU previamente otorgadas. La retención se valoró en $10.27, igual al precio de cierre de ese día, y está codificada como “F”, indicando que no hubo venta en el mercado abierto. La propiedad directa posterior a la transacción es de 111,145 acciones.

No se reportó actividad con valores derivados ni compras o ventas discrecionales. El evento es rutinario, no en efectivo y no refleja un cambio en la perspectiva de inversión del insider. Por lo tanto, se espera que el impacto en el mercado sea insignificante.

Form 4에 따르면 Green Dot Corp.(GDOT)의 최고운영책임자(COO)인 Teresa E. Watkins가 2025년 7월 22일에 이전에 부여된 RSU의 순결제에 따른 세금 의무를 충족하기 위해 656주 클래스 A 주식을 원천징수했습니다. 원천징수 가격은 $10.27로 해당일 종가와 동일하며, 이는 공개시장 판매가 없음을 나타내는 “F” 코드로 표시됩니다. 거래 후 직접 보유 주식 수는 111,145주입니다.

파생상품 관련 활동 보고는 없었고, 매수 또는 임의 매도도 없었습니다. 이 이벤트는 일상적이고 현금 거래가 아니며 내부자의 투자 전망 변화와는 무관합니다. 따라서 시장에 미치는 영향은 미미할 것으로 예상됩니다.

Le formulaire 4 révèle que Teresa E. Watkins, directrice des opérations de Green Dot Corp. (GDOT), a eu 656 actions de classe A retenues le 22 juillet 2025 pour satisfaire des obligations fiscales liées au règlement net d’unités d’actions restreintes (RSU) précédemment attribuées. La retenue a été valorisée à 10,27 $, soit le cours de clôture de ce jour, et est codée « F », indiquant qu’il n’y a pas eu de vente sur le marché ouvert. La détention directe après la transaction s’élève à 111 145 actions.

Aucune activité sur des titres dérivés n’a été signalée, ni achats ou ventes discrétionnaires. L’événement est routinier, sans impact en numéraire et ne reflète pas de changement dans la perspective d’investissement de l’initié. L’impact sur le marché est donc attendu comme négligeable.

Formular 4 offenbart, dass Teresa E. Watkins, Chief Operations Officer von Green Dot Corp. (GDOT), am 22. Juli 2025 656 Class-A-Aktien einbehalten wurden, um Steuerverpflichtungen aus der Nettosettlement von zuvor gewährten RSUs zu erfüllen. Der Einbehalt erfolgte zum Preis von 10,27 $, dem Schlusskurs des Tages, und ist mit dem Code „F“ gekennzeichnet, was keinen Verkauf am offenen Markt bedeutet. Der direkte Besitz nach der Transaktion beträgt 111.145 Aktien.

Es wurden keine Aktivitäten mit Derivaten gemeldet, ebenso keine Käufe oder diskretionären Verkäufe. Das Ereignis ist routinemäßig, nicht bar und spiegelt keine Änderung der Investmentperspektive des Insiders wider. Daher wird der Markteinfluss voraussichtlich vernachlässigbar sein.

0000842717false00008427172025-07-232025-07-23

 

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): July 23, 2025

 

 

BLUE RIDGE BANKSHARES, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Virginia

001-39165

54-1838100

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

1801 Bayberry Court

Suite 101

 

Richmond, Virginia

 

23226

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (888) 331-6521

 

 

(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:

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, no par value

 

BRBS

 

NYSE American LLC

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 2.02 Results of Operations and Financial Condition.

On July 23, 2025, Blue Ridge Bankshares, Inc. issued a press release announcing its financial results for the second quarter ended June 30, 2025. A copy of the press release is being furnished as Exhibit 99.1 to this report and is incorporated by reference into this Item 2.02.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is being furnished pursuant to Item 2.02 above.

Exhibit No.

Description

99.1

Press release dated July 23, 2025.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)


 


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.

 

 

 

BLUE RIDGE BANKSHARES, INC.

 

 

 

 

Date:

July 23, 2025

By:

/s/ Judy C. Gavant

 

 

 

Judy C. Gavant
Executive Vice President and
Chief Financial Officer

 


Blue Ridge Bnksh

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