Form 4: Blue Ridge Bankshares EVP Judy Carol Gavant Reports Acquisition of Series B Preferred Stock
SEC Form 4 Filing
Judy Carol Gavant, EVP & Chief Financial Officer of Blue Ridge Bankshares, reported the acquisition of Series B Preferred Stock on April 3, 2024.
Summary
- On April 3, 2024, Judy Carol Gavant, the EVP & Chief Financial Officer of Blue Ridge Bankshares, reported a transaction.
- The transaction involved the acquisition of 25 shares of Series B Preferred Stock.
- These shares are mandatorily convertible into common stock under certain conditions.
- Gavant directly owns 100,000 shares of common stock following the reported transaction.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The transaction provides shareholders with insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of transaction: acquisition of Series B Preferred Stock |
| 04/05/2024 | Date of report filing |
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