Blue Ridge Bankshares CRO updates share awards
BLUE RIDGE BANKSHARES, INC.
Sentiment and the balance of points
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Rhea-AI Filing Summary
BLUE RIDGE BANKSHARES, INC. Chief Risk Officer Grace Vallacchi reported several non-market changes to her common stock holdings tied to performance-based equity awards. On January 23, 2026, 66,666 shares were disposed of back to the issuer as a forfeiture of performance-based restricted shares for not meeting performance conditions, and 23,308 shares at $4.33 per share were delivered to cover tax obligations. On March 20, 2026, 120,000 performance-based restricted shares were canceled and replaced with a new award of 120,000 performance-based restricted stock subject to company performance achievements and a vesting schedule. Following these transactions, Vallacchi directly owns 310,026 common shares. No open-market purchases or sales were reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 120,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 120,000 | $0.00 | $0.00 |
| Disposition | Common Stock | 66,666 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 23,308 | $4.33 | $101K |
Footnotes (3)
- F1. Represents forfeiture of performance-based restricted shares for failure to satisfy performance conditions.
- F2. Reflects cancellation of award of performance-based restricted stock.
- F3. Award of performance-based restricted stock subject to company performance achievements and a vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.