Form 4: Blue Ridge Bankshares Director Cozart Acquires Series B Preferred Stock

Director Heather Cozart acquired 10 shares of Series B Preferred Stock in Blue Ridge Bankshares on April 3, 2024, convertible into 40,000 shares of common stock.

Summary

• On April 3, 2024, Heather Cozart, a director of Blue Ridge Bankshares, acquired 10 shares of Series B Preferred Stock.
• The transaction was reported on April 5, 2024.
• The Series B Preferred Stock is convertible into 40,000 shares of common stock.
• Cozart directly owns 10 derivative securities following the reported transaction.
• Cozart also directly owns 10,000 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of a director's stock transaction, which is common in the financial industry.

Stakeholder Impact

• The transaction could have a minor impact on shareholders due to the potential dilution from the conversion of preferred stock to common stock.

Key Dates