Blue Ridge Bankshares Insider Award: 5,863 Restricted Shares Reported

Rhea-AI Filing Summary

Reynolds Randolph N. Jr., a director of Blue Ridge Bankshares, Inc. (BRBS), reported an internal stock award on Form 4. On 09/08/2025 he received 5,863 shares of common stock in lieu of cash compensation at an indicated per-share value of $4.17. After this award his beneficial ownership is reported as 38,575 shares, held directly. The filing states these shares are restricted and subject to a vesting schedule, and the Form 4 was signed by an attorney-in-fact on 09/10/2025.

Positive

• Director received equity compensation, aligning his interests with shareholders through stock ownership
• Transaction disclosed promptly on Form 4 with an attorney-in-fact signature, supporting regulatory transparency

Negative

• Shares are restricted and subject to a vesting schedule, limiting the insider's immediate economic interest and liquidity

Insights

Corporate Governance Expert

TL;DR: Routine director compensation recorded as restricted stock; governance implication is standard alignment with shareholders.

The filing documents an award of restricted common stock to a sitting director as compensation rather than cash. Such grants are a common governance practice intended to align directors' interests with shareholders by tying compensation to equity performance and retention through vesting. The reported ownership level of 38,575 shares reflects cumulative holdings including this grant; the disclosure of a vesting schedule signals that voting power may be immediate but economic realization is contingent on future service or conditions.

Securities Analyst

TL;DR: Insider received 5,863 shares valued at $4.17 each; the transaction appears non-market and compensation-related.

From a market-impact perspective, the transaction is an acquisition from compensation, not an open-market purchase, and therefore is unlikely to change the capital structure or signal personal buying conviction. The per-share value ($4.17) provides a proxy for the award valuation but does not indicate a cash outflow from the company. The restriction and vesting reduce near-term liquidity for the insider and limit immediate sale risk for existing shareholders.

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^*

Reynolds Randolph N Jr

(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)		5,863(2)	A	$4.17	38,575	D

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

What transaction did Reynolds Randolph N. Jr. report on Form 4 for BRBS?

He reported receiving 5,863 shares of common stock on 09/08/2025 as stock received in lieu of cash compensation.

At what price were the shares reported on the Form 4 (BRBS)?

The Form 4 lists a per-share value of $4.17 for the awarded shares.

How many BRBS shares does the reporting person own after the transaction?

Following the transaction the filing reports 38,575 shares beneficially owned, held directly.

Are the shares immediately free to sell according to the Form 4?

No; the filing states the awarded shares are restricted and subject to a vesting schedule.

Who signed the Form 4 filing for Reynolds Randolph N. Jr.?

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