Form 4: Blue Ridge Bankshares Director Reports Acquisition of Series B Preferred Stock
SEC Form 4 Filing
Director Mensel D. Dean reports acquiring Series B Preferred Stock and holding 100,000 shares of Common Stock indirectly through a revocable trust.
Summary
- On April 3, 2024, Mensel D. Dean, a director of Blue Ridge Bankshares, Inc., reported a transaction involving the company's securities.
- Dean acquired 25 shares of Series B Preferred Stock.
- Dean indirectly owns 100,000 shares of Common Stock through the Mensel D. Dean, Jr. Revocable Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of transaction: Acquisition of Series B Preferred Stock |
| 04/05/2024 | Date of signature for the report |
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