Blue Ridge Bankshares director granted stock
Patterson Julien G reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Patterson Julien G reported acquisition or exercise transactions in this Form 4 filing.
BLUE RIDGE BANKSHARES, INC. director Julien G. Patterson received a grant of 10,460 shares of common stock at $3.59 per share as compensation. Footnotes state the stock was received in lieu of cash compensation and is restricted stock subject to a vesting schedule.
Following this grant, Patterson directly holds 319,723.9178 common shares and indirectly holds 40,000 common shares through the Julien G. Patterson Revocable Trust dated February 14, 2023.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,460 | $3.59 | $38K |
| 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
Revocable Trust financial
grant/award acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BRBS director Julien G. Patterson report?
At what price was the BRBS stock grant to Julien G. Patterson valued?
Is the BRBS stock granted to Julien G. Patterson immediately unrestricted?
Was the BRBS stock grant to Julien G. Patterson a market purchase or compensation?
AI-generated analysis. How Rhea-AI works. Not financial advice.