Golliday Harry W 4

What Happened
Harry W. Golliday, Interim CEO and President of Blue Ridge Bankshares (BRBS), received an award of 80,000 shares on March 20, 2026. The Form 4 reports the acquisition as an award/grant (code A) at $0.00 per share (total reported consideration $0). This is a compensation-related grant of restricted stock, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-20 (grant of 80,000 shares)
• Reported price/consideration: $0.00 per share (total $0 reported)
• Filing date: 2026-03-24 — filing appears timely (within required Form 4 window)
• Shares owned after transaction: not specified in the filing
• Footnote: Award is performance-based restricted stock subject to company performance achievements and a vesting schedule (F1)
• Transaction code: A = Award/Grant

Context
Performance-based restricted stock grants typically vest only if specified company performance targets and time-based conditions are met; they are compensation rather than immediate purchases or sales and do not indicate immediate liquidity events. Retail investors should view this as executive compensation tied to performance outcomes, not a direct bullish or bearish trade signal.