Blue Ridge Bankshares (BRBS) CRO reshapes performance stock awards

Rhea-AI Filing Summary

BLUE RIDGE BANKSHARES, INC. Chief Risk Officer Grace Vallacchi reported several non-market changes to her common stock holdings tied to performance-based equity awards. On January 23, 2026, 66,666 shares were disposed of back to the issuer as a forfeiture of performance-based restricted shares for not meeting performance conditions, and 23,308 shares at $4.33 per share were delivered to cover tax obligations. On March 20, 2026, 120,000 performance-based restricted shares were canceled and replaced with a new award of 120,000 performance-based restricted stock subject to company performance achievements and a vesting schedule. Following these transactions, Vallacchi directly owns 310,026 common shares. No open-market purchases or sales were reported.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Vallacchi Grace

Role Chief Risk Officer

Type	Security	Shares	Price	Value
Disposition	Common Stock	120,000	$0.00	--
Grant/Award	Common Stock	120,000	$0.00	--
Disposition	Common Stock	66,666	$0.00	--
Tax Withholding	Common Stock	23,308	$4.33	$101K

Holdings After Transaction: Common Stock — 190,026 shares (Direct)

Footnotes (1)

1. Represents forfeiture of performance-based restricted shares for failure to satisfy performance conditions. Reflects cancellation of award of performance-based restricted stock. Award of performance-based restricted stock subject to company performance achievements and a vesting schedule.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Vallacchi Grace

(Last) (First) (Middle)

1801 BAYBERRY COURT

SUITE 101

(Street)

RICHMOND VIRGINIA 23226

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BLUE RIDGE BANKSHARES, INC. [ BRBS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Risk Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/23/2026		D(1)		66,666	D	$0	333,334	D
Common Stock	01/23/2026		F		23,308	D	$4.33	310,026	D
Common Stock	03/20/2026		D		120,000(2)	D	$0	190,026	D
Common Stock	03/20/2026		A		120,000(3)	A	$0	310,026	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents forfeiture of performance-based restricted shares for failure to satisfy performance conditions.

2. Reflects cancellation of award of performance-based restricted stock.

3. Award of performance-based restricted stock subject to company performance achievements and a vesting schedule.

	Grace Vallacchi	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)