Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
| Blue Ridge Bankshares, Inc. |
| (Name of Issuer) |
| Common Stock, no par value |
| (Title of Class of Securities) |
| 095825105 |
| (CUSIP Number) |
| September 30, 2024 |
| (Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-l(b)
☒ Rule 13d-l(c)
☐ Rule 13d-l(d)
| * | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 095825105 | Page 2 of 5 |
|
1. |
Name of Reporting Person
Richard T. Spurzem |
|
2. |
Check the Appropriate Box if a Member of a Group (See Instructions)
☐ (a) ☐ (b) |
| 3. | SEC Use Only
|
| 4. |
Citizenship or Place of Organization
United States of America |
|
Number of Shares Beneficially Owned by Each Reporting Person With:
|
5. |
Sole Voting Power
6,483,850(1) |
| 6. |
Shared Voting Power
0 | |
| 7. |
Sole Dispositive Power
6,483,850(1) | |
| 8. |
Shared Dispositive Power
0 |
| 9. |
Aggregate Amount Beneficially Owned by Each Reporting Person
6,483,850(1) |
| 10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ |
| 11. |
Percent of Class Represented by Amount in Row (9)
8.8%(2) |
| 12. |
Type of Reporting Person (See Instructions)
IN |
| (1) | Consists of 4,055,850 shares of common stock and 2,428,000 shares of common stock issuable upon exercise of warrants to purchase common stock. |
| (2) | Based on 73,541,950 shares of common stock outstanding as of August 16, 2024, as reported by Blue Ridge Bankshares, Inc. (the “Issuer”) in its Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on August 30, 2024. |
| CUSIP No. 095825105 | Page 3 of 5 |
Item 1(a). Name of Issuer
Blue Ridge Bankshares, Inc.
Item 1(b). Address of Issuer’s Principal Executive Offices
1801 Bayberry Court, Suite 101
Richmond, Virginia 23226
Item 2(a). Name of Person Filing
Richard T. Spurzem (the “Reporting Person”)
Item 2(b). Address of Principal Business Office or, if none, Residence
810 Catalpa Court
Charlottesville, Virginia 22903
Item 2(c). Citizenship
The Reporting Person is a citizen of the United States of America.
Item 2(d). Title of Class of Securities
Common Stock, no par value
Item 2(e). CUSIP Number
095825105
Item 3. If this statement is filed pursuant to §§240.13d-l(b) or 240.13d-2(b) or (c), check whether the person filing is a:
Not applicable.
Item 4. Ownership.
The information required by this Item 4 with respect to the Reporting Person is set forth in rows 5 through 9 and 11 of the cover page to this Schedule 13G.
| CUSIP No. 095825105 | Page 4 of 5 |
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.
| CUSIP No. 095825105 | Page 5 of 5 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| Date: October 4, 2024 | RICHARD T. SPURZEM |
| /s/ Richard T. Spurzem | |
| Richard T. Spurzem |