Downs David Hendrick 4

What Happened

• David Hendrick Downs, a director of C & F Financial Corp (CFFI), was awarded 450 restricted shares on April 21, 2026. The Form 4 lists the acquisition price as $0.00 (transaction code A — award/grant), reflecting a restricted stock award; the filing records $0 as the purchase consideration, not the market value.

Key Details

• Transaction date: 2026-04-21; Form 4 filed: 2026-04-22 (filed within the typical 2-business-day window).
• Transaction type/code: Award/Grant (A) — restricted stock.
• Shares acquired: 450; recorded acquisition price: $0.00.
• Shares owned after transaction: not specified in the excerpt provided.
• Footnote: F1 — the company awarded restricted stock to the reporting person.
• No indication in the provided filing of a 10b5‑1 plan, tax‑withholding disposition, or sale tied to the award.

Context

• Restricted stock awards are a form of compensation that typically vest over time or upon meeting conditions; they do not indicate an immediate sale. Such grants are common for directors as part of compensation and should be interpreted as a company-issued award rather than an open-market purchase.