Blue Ridge Bankshares, Inc. filings document the formal disclosures of a bank holding company for Blue Ridge Bank, National Association and BRB Financial Group, Inc. Recent Form 8-K reports furnish quarterly results, describe the termination of the OCC consent order affecting the bank subsidiary, and record capital actions involving special cash dividends, warrants and related securities terms.
The company’s proxy and current reports also cover annual meeting matters, board composition, executive transitions, compensation arrangements, equity awards, and shareholder voting items. These filings frame BRBS disclosures around community-banking operations, regulatory status, governance, capital structure, and banking, wealth management and trust-service activities.
Heather Cozart, a director of Blue Ridge Bankshares, Inc. (BRBS), reported acquiring 9,544 shares of the issuer's common stock on 09/08/2025 at a reported price of $4.17 per share. The filing states the shares were received in lieu of cash compensation and are restricted stock subject to a vesting schedule. Following the transaction, the reporting person beneficially owned 56,039 shares. The Form 4 was signed by Amanda G. Story as attorney-in-fact on 09/10/2025. The filing identifies the reporting person as a director and was filed by a single reporting person.
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.
Insider transaction disclosure: Otis Jones, identified as a director of Blue Ridge Bankshares, Inc. (BRBS), was reported to have acquired 3,434 shares of the issuer's common stock on 09/08/2025 at a recorded price of $4.17 per share. Following this transaction, Mr. Jones beneficially owns 15,929 shares. The Form 4 states these shares were received in lieu of cash compensation and are restricted stock subject to a vesting schedule, indicating the shares are not fully transferable until vesting conditions are met. The filing was signed by an attorney-in-fact on 09/17/2025.
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.
Blue Ridge Bankshares director Vance H. Spilman reported an acquisition of 12,230 shares of common stock on 09/08/2025 at a price of $4.17 per share. The filing shows these shares were restricted stock received in lieu of cash compensation and will vest according to a schedule. After the transaction, the reporting person beneficially owned 154,321 shares. The Form 4 was signed by Amanda G. Story as attorney-in-fact on 09/10/2025.
The disclosure is a routine insider reporting of compensation-related equity issuance rather than an open-market purchase; no derivative transactions or other material events are shown.
Blue Ridge Bankshares, Inc. reported that its board has approved a new share repurchase program authorizing the company to buy back up to $15 million of its common stock. The company may repurchase shares through open market purchases, block trades, or privately negotiated transactions, and may also acquire shares in connection with the exercise of outstanding warrants.
Any open market repurchases will follow SEC Rule 10b-18, and the company may use Rule 10b5-1 trading plans so that repurchases can occur during periods when it might otherwise be restricted by insider trading rules. Shares repurchased under the program will be cancelled and become authorized but unissued shares.
The company emphasized that it cannot predict if or when repurchases will occur, and the program can be modified, suspended, or terminated at any time at the company’s discretion. Actual repurchase activity will depend on factors such as share price, market conditions, liquidity needs, and alternative investment opportunities, and details will be reported in future Forms 10-Q and 10-K.
AllianceBernstein L.P. reports beneficial ownership of 4,528,592 shares of Blue Ridge Bankshares, representing 5.0% of the outstanding common stock. The filing states these shares are held solely for investment purposes in discretionary client accounts, with AllianceBernstein claiming sole voting and dispositive power over the reported shares. The filing also notes AllianceBernstein is a majority-owned subsidiary of Equitable Holdings but operates under independent management and reports beneficial ownership separately from Equitable.
This disclosure is a passive ownership report under Schedule 13G/A and includes a certification that the securities were not acquired to influence control of the issuer.