Blue Ridge director receives stock award
Bost Hunter H. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Bost Hunter H. reported acquisition or exercise transactions in this Form 4 filing.
BLUE RIDGE BANKSHARES, INC. director Hunter H. Bost reported receiving a grant of 9,694 shares of common stock at $3.59 per share. Footnotes state this stock was received in lieu of cash compensation and is restricted stock subject to a vesting schedule, meaning it vests over time rather than being fully transferable immediately.
Following the award, Bost directly holds about 178,190 shares of common stock. The filing also shows indirect holdings of 9,750 shares held by the William S. Bost, Jr. Trust and 18,321 shares held by a parent as power of attorney for Alice H. Bost. These entries reflect compensation and ownership reporting, not open-market trading.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,694 | $3.59 | $35K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Stock received in lieu of cash compensation
- F2. Restricted stock subject to a vesting schedule
Key Figures
Key Terms
restricted stock financial
vesting schedule financial
in lieu of cash compensation financial
indirect ownership financial
power of attorney financial
FAQ
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What do the footnotes in the BRBS Form 4 say about the stock grant to Hunter H. Bost?
How is indirect ownership reported in Hunter H. Bost’s BRBS Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.