Blue Ridge Bankshares (BRBS) Director Julien G. Patterson Receives Award of 10,460 Shares

What Happened

• Julien G. Patterson, a director of Blue Ridge Bankshares, received an award of 10,460 shares on 2026-07-01. The shares are reported at $3.59 each, a total value of $37,551. This was an award/grant (code A) issued in lieu of cash compensation, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-07-01; reported filing date: 2026-07-07 (filed 6 days after the transaction, later than the typical 2-business-day Form 4 deadline).
• Price per share: $3.59; total value reported: $37,551.
• Shares received in lieu of cash compensation (footnote F1).
• Shares are restricted and subject to a vesting schedule (footnote F2), meaning they may not be transferable or saleable until they vest.
• Shares owned after the transaction: not provided in the information supplied.

Context

• This was a compensation award of restricted stock, not a purchase or sale. Awards and restricted stock grants are common for director compensation and do not necessarily signal a buying/selling intent by the insider. The late filing may be a reporting timing issue; it does not change the nature of the grant.