Blue Ridge Bankshares Insider Report: 9,005 Restricted Shares at $4.17

Rhea-AI Filing Summary

Julien G. Patterson, a director of Blue Ridge Bankshares, Inc. (BRBS), reported a transaction dated 09/08/2025 in which he received 9,005 shares of common stock at a reported price of $4.17 per share. The filing states these shares were received in lieu of cash compensation and are restricted subject to a vesting schedule. After the transaction, Mr. Patterson beneficially owned 309,263.9177 shares directly and held an additional 40,000 shares indirectly through the "Julien G. Patterson, Revocable Trust, dated 2/14/2023." The Form 4 was signed by Amanda G. Story, Attorney-in-Fact, on 09/10/2025. The filing was made by a single reporting person.

Positive

• Director received restricted stock as compensation, which aligns executive and shareholder interests
• Clear disclosure of direct and indirect holdings, including trust details and post-transaction ownership

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director compensation: 9,005 restricted shares at $4.17, increasing direct beneficial ownership to 309,263.9177 shares.

This Form 4 documents a non-derivative award of 9,005 common shares received in lieu of cash compensation, priced at $4.17 per share and subject to vesting. Such awards are common practice to align director incentives with shareholders. The reported post-transaction direct ownership figure (309,263.9177) and the separate 40,000-share indirect holding via a revocable trust are clearly disclosed. No options, sales, or derivative transactions are reported here.

Corporate Governance Expert

TL;DR: Governance disclosure is standard: director received restricted stock compensation; vesting noted and trust ownership disclosed.

The filing provides clear identification of the reporting person as a director and discloses both direct and indirect holdings. The award is characterized as restricted stock with a vesting schedule, which is a typical mechanism to promote long-term alignment. The document includes the trust name and date for indirect ownership, and it is executed by an attorney-in-fact, meeting common Form 4 procedural norms.

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
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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^*

Patterson Julien G

(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)		9,005(2)	A	$4.17	309,263.9177	D
Common Stock								40,000	I	Julien G. Patterson, Revocable Trust, dated 2/14/2023

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

Who filed the Form 4 for BRBS and what is their role?

The reporting person is Julien G. Patterson, who is identified as a Director of Blue Ridge Bankshares, Inc.

What transaction did the director report on the Form 4 for BRBS?

The director reported receipt of 9,005 shares of common stock on 09/08/2025, recorded at $4.17 per share and received in lieu of cash compensation.

How many shares does Julien G. Patterson beneficially own after the reported transaction?

Following the transaction, Mr. Patterson beneficially owns 309,263.9177 shares directly and 40,000 shares indirectly via the Julien G. Patterson Revocable Trust (dated 2/14/2023).

Are the shares subject to any restrictions according to the Form 4?

Yes, the filing states the 9,005 shares are restricted and are subject to a vesting schedule.

When was the Form 4 signed and by whom?

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