Jones Otis 4

What Happened

Otis Jones (listed as Jones, Otis), a director of Blue Ridge Bankshares, received an award of 3,816 shares on 2026-07-01. The shares were recorded at $3.59 each for an aggregate value of $13,699. This was an acquisition via award/compensation (Form 4 code A), not an open-market purchase.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-07 (Form 4 accession 0001981412-26-000001).
• Price per share: $3.59; total value: $13,699.
• Transaction type: Award/Grant (acquisition, code A).
• Footnotes: F1 — stock received in lieu of cash compensation; F2 — restricted stock subject to a vesting schedule.
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: no late-filing indicator provided.

Context

These shares are restricted and subject to vesting, so they may not be immediately tradable. Awards made in lieu of cash compensation are common for directors and reflect compensation practices rather than a direct open-market bullish bet. Purchases (open-market buys) generally carry more weight as signals of insider sentiment than compensation awards.