SCHEDULE: Fourthstone Reports 0% Stake in Old Point Financial

Sentiment:

Beneficial Ownership Report


Fourthstone LLC and its affiliates have filed an amended Schedule 13G, indicating they no longer beneficially own any shares of Old Point Financial Corp.

Summary

  • Fourthstone LLC, an investment adviser, along with its affiliated entities (Fourthstone Master Opportunity Fund Ltd, Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP) and L. Phillip Stone, IV, have filed an Amendment No. 1 to Schedule 13G.
  • The filing reports that as of the event date of June 30, 2025, the aggregate amount beneficially owned by each reporting person in Old Point Financial Corp.'s Common Stock is 0.00 shares, representing 0.00% of the class.
  • The securities were not acquired and are not held for the purpose of changing or influencing the control of Old Point Financial Corp., nor in connection with any transaction having that effect.

Sentiment

Score: 5

Explanation: The filing is a routine compliance update indicating a change in beneficial ownership to zero, with no direct positive or negative implications for the issuer's operational or financial performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the issuer's future performance or operations.

Management Comments

  • Each Reporting Person certifies that the securities referred to were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer, and were not acquired and are not held in connection with or as a participant in any transaction having that effect.

Industry Context

This Schedule 13G filing is a routine regulatory disclosure by an investment adviser and its affiliated funds, indicating a change in their beneficial ownership stake in a publicly traded financial corporation. Such filings are standard practice for institutional investors to report their holdings and changes therein, ensuring transparency in the market regarding significant ownership positions.

Stakeholder Impact

  • Shareholders: Provides transparency regarding institutional ownership changes, specifically the complete divestment by Fourthstone and its affiliates.
  • Investment Professionals: Offers data for tracking institutional investor activity and changes in ownership structure for Old Point Financial Corp.

Key Dates

DateDescription
06/30/2025Date of event which requires filing of this statement
08/14/2025Signature date for Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP
08/14/2025Signature date for Fourthstone GP LLC and L. Phillip Stone, IV

Keywords

Schedule 13G, beneficial ownership, Old Point Financial Corp, Fourthstone LLC, investment adviser, common stock, ownership disclosure

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