Form 4: Blue Ridge Bankshares CEO Reports Transaction in Series B Preferred Stock

Sentiment:

SEC Form 4 Filing


G. William Beale, President & CEO of Blue Ridge Bankshares, reports a transaction involving Series B Preferred Stock on April 3, 2024.

Summary

  • G. William Beale, the President & CEO of Blue Ridge Bankshares, filed a Form 4 with the SEC.
  • The filing reports a transaction involving Mandatorily Convertible Cumulative Perpetual Preferred Stock, Series B, on April 3, 2024.
  • Beale disposed of 100 shares of Series B Preferred Stock.
  • The Series B Preferred Stock is convertible into common stock under certain conditions and has no expiration date.
  • Beale also indirectly owns 10,000 shares of common stock through the G. William Beale Revocable Living Trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.

Key Dates

DateDescription
04/03/2024Date of transaction involving Series B Preferred Stock
04/05/2024Date of signature on the Form 4 filing

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