Blue Ridge Bankshares grants performance stock to exec
BLUE RIDGE BANKSHARES, INC. reported compensation-related stock activity for Chief Ops & Technology Officer Brown M Dean.
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Rhea-AI Filing Summary
BLUE RIDGE BANKSHARES, INC. reported compensation-related stock activity for Chief Ops & Technology Officer Brown M Dean. On the same date, 200,000 shares of performance-based restricted common stock were canceled and returned to the issuer at no cost, then 200,000 shares of performance-based restricted stock were granted, subject to company performance achievements and a vesting schedule. Following these transactions, Dean directly holds 429,902 shares of common stock. These are not open-market buy or sell trades but adjustments to equity-based compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 200,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 200,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Cancellation of performance-based restricted stock.
- F2. Award of performance-based restricted stock subject to company performance achievements and a vesting schedule.
FAQ
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What insider transactions did BRBS report for Brown M Dean on this Form 4?
What do the Form 4 disposition and acquisition codes mean in the BRBS filing?
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