Cozart Heather 4

What Happened Heather Cozart, a director of Blue Ridge Bankshares (BRBS), was granted 10,306 shares as an award on July 1, 2026. The shares were recorded at $3.59 per share for a total value of $36,999. The filing reports this as an award/acquisition (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-07-01; 10,306 shares at $3.59 each (total $36,999).
• Transaction type: Award/Grant (Form 4 code A).
• Footnotes: F1 — stock received in lieu of cash compensation; F2 — restricted stock subject to a vesting schedule.
• Shares owned after transaction: Not reported in the Form 4 filing.
• Filing timeliness: Form filed 2026-07-07 (6 days after the transaction); Form 4s are normally due within 2 business days, so this filing appears late.

Context This was a compensation award (restricted stock), not a sale or market purchase. Restricted shares typically vest over time and cannot be sold immediately, so grants signal compensation alignment rather than an immediate trading view. Receiving shares in lieu of cash is a common method to compensate directors and does not by itself indicate the director’s trading sentiment.