Blue Ridge Bankshares (BRBS) director receives 3,816-share restricted stock grant
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- Stock received in lieu of cash compensation Restricted stock subject to a vesting schedule
Key Figures
Shares awarded: 3,816 shares
Award price per share: $3.59 per share
Shares held after transaction: 19,745 shares
3 metrics
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
Key Terms
Restricted stock, vesting schedule, grant/award acquisition, Common Stock
4 terms
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.