Director at C&F Financial (CFFI) receives 450-share restricted stock grant

Rhea-AI Filing Summary

Downs David Hendrick reported acquisition or exercise transactions in this Form 4 filing.

C & F Financial Corp director David Hendrick Downs received a grant of restricted common stock as compensation. On April 21, 2026, he was awarded 450 shares at $0.00 per share, increasing his direct holdings to 1,300 shares of common stock.

This was an equity award reported on a Form 4, not an open-market purchase or sale, and reflects standard stock-based compensation for a director.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Downs David Hendrick

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	450	$0.00	--

Holdings After Transaction: Common Stock — 1,300 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock grant: 450 shares Grant price: $0.00 per share Shares held after grant: 1,300 shares

3 metrics

Restricted stock grant 450 shares Award of common stock on April 21, 2026

Grant price $0.00 per share Reported acquisition price for restricted stock

Shares held after grant 1,300 shares Total direct common stock holdings after transaction

Key Terms

restricted stock, Form 4, Grant, award, or other acquisition

3 terms

restricted stock financial

"C&F Financial Corporation awarded restricted stock to reporting person."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Form 4 regulatory

"reported as an equity award on a Form 4 insider filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Grant, award, or other acquisition regulatory

"transaction code description is Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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^*

Downs David Hendrick

(Last) (First) (Middle)

3600 LAGRANGE PKWY

(Street)

TOANO VIRGINIA 23168

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
C & F FINANCIAL CORP [ CFFI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/21/2026		A		450	A	$0(1)	1,300	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. C&F Financial Corporation awarded restricted stock to reporting person.

	/s/ Matthew B. Guth, Attorney-in-Fact	04/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CFFI director David Hendrick Downs report?

Director David Hendrick Downs reported receiving a grant of 450 shares of C & F Financial Corp common stock. The shares were awarded as restricted stock, with a reported acquisition price of $0.00 per share, reflecting stock-based compensation rather than an open-market trade.

How many CFFI shares does David Hendrick Downs hold after this Form 4?

After the restricted stock grant, David Hendrick Downs directly holds 1,300 shares of C & F Financial Corp common stock. This total includes the newly awarded 450 shares reported in the Form 4 insider filing dated April 21, 2026, for this non-derivative equity award.

Was the CFFI insider transaction a stock purchase or compensation grant?

The C & F Financial Corp transaction was a compensation grant, not a market purchase. The Form 4 shows transaction code “A” for a grant, award, or other acquisition, with 450 restricted shares awarded at $0.00 per share to director David Hendrick Downs.

What type of security was granted to the CFFI director in this filing?

The insider filing reports an award of restricted common stock to the director. Specifically, David Hendrick Downs received 450 shares of C & F Financial Corp common stock, classified as a non-derivative security, with the footnote confirming it was restricted stock granted by the company.

Does the CFFI Form 4 show any insider share sales by David Hendrick Downs?

The Form 4 shows no insider sales by David Hendrick Downs. It only reports a single acquisition transaction: a grant of 450 restricted common shares at $0.00 per share, increasing his direct holdings to 1,300 shares, with no dispositions disclosed in this filing.