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Blue Ridge Bankshares (BRBS) director receives 3,816-share restricted stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jones Otis reported acquisition or exercise transactions in this Form 4 filing.

BLUE RIDGE BANKSHARES, INC. director Otis Jones reported a compensation-related stock award. He received 3,816 shares of Common Stock on July 1, 2026 at a stated price of $3.59 per share, taken as stock in lieu of cash compensation.

The filing notes this is restricted stock subject to a vesting schedule, meaning the shares will vest over time rather than all at once. After this award, Jones directly holds 19,745 shares of Blue Ridge Bankshares common stock.

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Insider Jones Otis
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,816 $3.59 $14K
Holdings After Transaction: Common Stock — 19,745 shares (Direct, null)
Footnotes (1)
  1. Stock received in lieu of cash compensation Restricted stock subject to a vesting schedule
Shares awarded 3,816 shares Restricted stock grant on July 1, 2026
Award price per share $3.59 per share Reporting price for Common Stock grant
Shares held after transaction 19,745 shares Direct Common Stock holdings post-award
Restricted stock financial
"Restricted stock subject to a vesting schedule"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vesting schedule financial
"Restricted stock subject to a vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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FAQ

What insider transaction did Blue Ridge Bankshares (BRBS) director Otis Jones report?

Director Otis Jones reported receiving 3,816 shares of Blue Ridge Bankshares Common Stock as a stock award. The shares were granted in lieu of cash compensation and classified as restricted stock that will vest over time under a vesting schedule.

How many Blue Ridge Bankshares (BRBS) shares does Otis Jones hold after this Form 4?

After the reported transaction, Otis Jones directly holds 19,745 shares of Blue Ridge Bankshares Common Stock. This reflects the addition of 3,816 restricted shares received as compensation, as disclosed in the Form 4 filing’s post-transaction ownership figure.

Was the Blue Ridge Bankshares (BRBS) Form 4 transaction a market purchase or a stock award?

The Form 4 shows a stock award, not a market purchase. The 3,816 shares were received as compensation in lieu of cash, with the transaction coded as a grant or award acquisition and noted as restricted stock subject to a vesting schedule.

What does the vesting schedule mean for the Blue Ridge Bankshares (BRBS) restricted stock grant?

The filing states the restricted stock is subject to a vesting schedule, meaning Otis Jones’ rights to the 3,816 awarded shares become fully his over time. Vesting conditions typically encourage continued service, though specific timing details are not included in this excerpt.

At what price per share was the Blue Ridge Bankshares (BRBS) stock award recorded?

The 3,816-share stock award to Otis Jones was recorded at $3.59 per share. This figure reflects the price per share used for reporting the non-derivative acquisition of Common Stock in the Form 4, rather than an open-market trade price.
SEC Form 4
FORM 4UNITED 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*
Jones Otis

(Last)(First)(Middle)
1801 BAYBERRY COURT
SUITE 101

(Street)
RICHMOND VIRGINIA 23226

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BLUE RIDGE BANKSHARES, INC. [ BRBS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026A(1)3,816(2)A$3.5919,745D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact07/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)