[Form 4] Blue Ridge Bankshares, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Blue Ridge Bankshares insider stock grant and holdings update. Director Hunter H. Bost received 9,245 shares of common stock on 09/08/2025 as stock in lieu of cash compensation at an indicated price of $4.17 per share. After the reported transaction the filing shows 168,496.0349 shares beneficially owned directly. The filing also discloses 18,321 shares held indirectly by a parent under power of attorney and 9,750 shares held indirectly by the William S. Bost, Jr. Trust. The newly acquired shares are noted as restricted stock subject to a vesting schedule, and the form was signed by an attorney-in-fact on 09/10/2025.

Positive

• Director alignment: Awarding restricted stock ties a director's compensation to company performance and shareholder outcomes.
• Insider accumulation: Director's direct beneficial ownership increased by 9,245 shares, signaling continued insider stake.

Negative

• Vesting restriction: Shares are restricted and subject to a vesting schedule, limiting immediate economic interest or liquidity.
• Limited materiality: Filing lacks total share count or percentage ownership, so the impact on control or valuation cannot be assessed from this form alone.

Insights

Corporate Governance Expert

TL;DR Director received restricted shares as compensation; increases insider stake but subject to vesting, so near-term liquidity impact is limited.

The Form 4 reports a non-derivative acquisition of 9,245 common shares by a director through stock issued in lieu of cash compensation at $4.17 per share. The shares are described as restricted and subject to a vesting schedule, which implies retention incentives and limited immediate transferability. Reported direct beneficial ownership post-transaction is 168,496.0349 shares, supplemented by indirect holdings via a parent POA (18,321) and a trust (9,750). For governance review, this is a routine compensation-related filing that modestly increases insider alignment with shareholders but does not signal an immediate change in control or liquidity events.

Securities Analyst

TL;DR Transaction is a routine director compensation issuance; materiality is low absent additional context on outstanding float or recent purchases.

The disclosure shows an acquisition coded as A(1), indicating stock issued in lieu of cash compensation. The per-share price is listed at $4.17 and the form clarifies the shares are restricted. While the director's direct beneficial ownership increases by the reported amount, the filing does not provide total outstanding shares or percent ownership, limiting assessment of materiality. No derivative transactions or dispositions are reported. Impact to investors is likely minimal but supports executive alignment through equity-based compensation.

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^*

Bost Hunter H.

(Last) (First) (Middle)

1801 BAYBERRY COURT

SUITE 101

(Street)

RICHMOND VA 23226

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BLUE RIDGE BANKSHARES, INC. [ BRBS ]

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)
09/08/2025

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	09/08/2025		A(1)		9,245(2)	A	$4.17	168,496.0349	D
Common Stock								18,321	I	By Parent as POA- Alice H. Bost
Common Stock								9,750	I	By William S. Bost, Jr. Trust

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. Stock received in lieu of cash compensation

2. Restricted stock subject to a vesting schedule

	Amanda G. Story, Attorney-in-Fact	09/10/2025
	** 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 Hunter H. Bost report on Form 4 for BRBS?

The filing reports acquisition of 9,245 common shares on 09/08/2025 issued in lieu of cash compensation at a listed price of $4.17 per share.

Are the shares reported in the Form 4 for BRBS vested and tradable?

No. The filing explains the shares are restricted stock subject to a vesting schedule, which limits immediate transferability.

How many BRBS shares does Hunter H. Bost beneficially own after the reported transaction?

The Form 4 shows 168,496.0349 shares beneficially owned directly after the reported transaction, plus indirect holdings of 18,321 and 9,750 shares.

What does code A(1) mean on the Form 4 transaction?

In this filing, A(1) is used to indicate stock issued in lieu of cash compensation as explained in the form's footnote.

Who signed the Form 4 for this BRBS filing?

The Form 4 was signed by Amanda G. Story, Attorney-in-Fact on 09/10/2025.