Blue Ridge Bankshares (BRBS) director awarded 6,602 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BLUE RIDGE BANKSHARES, INC. director Randolph N. Reynolds Jr. reported an acquisition of 6,602 shares of common stock on July 1, 2026 at $3.59 per share. The shares were received as stock in lieu of cash compensation and are restricted stock subject to a vesting schedule. Following this grant, he directly holds 45,177 common shares. This is a compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reynolds Randolph N Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,602 | $3.59 | $24K |
Holdings After Transaction:
Common Stock — 45,177 shares (Direct, null)
Footnotes (1)
- Stock received in lieu of cash compensation Restricted stock subject to a vesting schedule
Key Figures
Restricted stock grant: 6,602 shares
Grant price: $3.59 per share
Post-transaction holdings: 45,177 shares
+1 more
4 metrics
Restricted stock grant
6,602 shares
Common Stock award on July 1, 2026
Grant price
$3.59 per share
Value assigned to stock received in lieu of cash compensation
Post-transaction holdings
45,177 shares
Director’s direct BRBS common stock holdings after grant
Transaction code
A (Grant, award, or other acquisition)
Non-derivative acquisition of common stock as compensation
Key Terms
restricted stock, vesting schedule, in lieu of cash compensation, grant/award acquisition
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.
in lieu of cash compensation financial
"Stock received in lieu of cash compensation"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
FAQ
What insider transaction did BRBS director Randolph N. Reynolds Jr. report?
He reported receiving 6,602 BRBS common shares as a stock grant. The award was granted at $3.59 per share on July 1, 2026, issued in lieu of cash compensation, and classified as restricted stock subject to a vesting schedule.
Was the recent BRBS Form 4 transaction a market purchase or a grant?
The BRBS Form 4 shows a grant/award acquisition, not an open-market purchase. Director Randolph N. Reynolds Jr. received 6,602 restricted shares as compensation at $3.59 per share, with the stock subject to a vesting schedule rather than immediate full ownership.
Does the BRBS Form 4 indicate any insider sales by the director?
No, the Form 4 shows only an acquisition through a grant, with no sales. The single reported transaction is a 6,602-share restricted stock award at $3.59 per share, increasing the director’s direct holdings to 45,177 BRBS common shares.