Form 4: Blue Ridge Bankshares Director Acquires Series B Preferred Stock
SEC Form 4 Filing
Director Julien G. Patterson acquired Series B Preferred Stock of Blue Ridge Bankshares, Inc. on April 3, 2024.
Summary
- On April 3, 2024, Julien G. Patterson, a director of Blue Ridge Bankshares, Inc., acquired 10 shares of Series B Preferred Stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Patterson also indirectly owns 40,000 shares of common stock through a revocable trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by a company director, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's securities.
Stakeholder Impact
- The transaction provides shareholders with information about insider activity, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 2/14/2003 | Date of Julien G. Patterson, Revocable Trust |
| 04/03/2024 | Date of transaction: acquisition of Series B Preferred Stock |
| 04/05/2024 | Date of Form 4 filing |
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