4Filed Aug 9, 8:00 PM ET
Bank of the James (BOTJ) Director Foster Watt R. Jr Buys 447 Shares
$BOTJ · BANK OF THE JAMES FINANCIAL GROUP INCResearch Summary
AI-generated summary of this SEC filing
Bank of the James (BOTJ) Director Foster Watt R. Jr Buys 447 Shares
What Happened
Foster Watt R. Jr, a director of Bank of the James Financial Group, purchased 447 shares in an open-market transaction on August 6, 2026. The reported purchase price was $28.01 per share for a total reported value of $12,520 — a straightforward buy (P code), which is a direct purchase rather than a sale or option exercise.
Key Details
- Transaction date and price: Aug 6, 2026 — 447 shares at $28.01 each (total reported $12,520).
- Transaction type: Open-market purchase (Form 4 code P).
- Shares owned after transaction: Not disclosed in the provided filing summary. See the full Form 4 for post-transaction holdings.
- Filing date/timeliness: Form filed Aug 10, 2026; timing is consistent with the standard two-business-day Form 4 filing requirement (timely).
- Footnotes/plan details: No 10b5-1 plan, tax-withholding, or other footnotes were reported in the provided summary.
Context
Open-market purchases by insiders are often watched by investors as a signal of confidence, but they do not prove future performance. This was a modest-sized purchase (≈$12.5k) by a director; for full context, check the filer’s total holdings and other recent insider transactions in the company’s SEC filings.