Form 4: Director Crowther Reports Acquisition of Series B Preferred Stock in Blue Ridge Bankshares

Elizabeth Hinton Crowther, a director of Blue Ridge Bankshares, reported acquiring Series B Preferred Stock and disposing of common stock on April 3, 2024.

Summary

• On April 3, 2024, Elizabeth Hinton Crowther, a director of Blue Ridge Bankshares, filed a Form 4.
• The form indicates a transaction involving Series B Preferred Stock and common stock.
• Crowther acquired 1 share of Series B Preferred Stock.
• Crowther disposed of 4,000 shares of common stock for $10,000.
• Following the transaction, Crowther directly owns the Series B Preferred Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing, indicating a transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. It provides transparency to the market regarding insider transactions.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into the actions of a company director.

Key Dates