Sec Form 13G Filing - Spurzem Richard T filing for BLUE RIDGE BANKCHARES INC (BRBS) - 2023-04-05

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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- 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. 3)*
 

Blue Ridge Bankshares, Inc.
(Name of Issuer)
 
Common Stock, no par value
(Title of Class of Securities)
 
095825105
(CUSIP Number)
 
December 31, 2022
(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
  

 
 
1.
Names of Reporting Persons
 
 
 
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
 
 
 
 
 
5.
Sole Voting Power  1,894,061
 
 
 
Number of
 
 
Shares
6.
Shared Voting Power       0
Beneficially
 
 
Owned by Each
 
 
Reporting Person
7.
Sole Dispositive Power  1,894,061
With:
 
 
 
 
 
 
8.
Shared Dispositive Power       0
 
 
 
 
9.
Aggregate Amount Beneficially Owned by Each Reporting Person       1,894,061
 
 
 
 
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
 
 
 
 
11.
Percent of Class Represented by Amount in Row (9)      10.0%(1)
 
 
 
 
12.
Type of Reporting Person (See Instructions)
 
 IN
 
 

(1) Calculation based on 18,946,466 shares of common stock outstanding as of March 1, 2023, as reported by the issuer in its Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2023.
     
 
2

CUSIP No. 095825105

 
Item 1.
 
 
(a)
Name of Issuer
 
 
 
 
 
Blue Ridge Bankshares, Inc.
 
 
 
 
(b)
Address of Issuer's Principal Executive Offices
 
 
 
 
 
1807 Seminole Trail
Charlottesville, Virginia 22901
 
 
 
Item 2.
 
 
 
 
 
 
(a)
Name of Person Filing
 
 
 
 
 
Richard T. Spurzem
 
 
 
 
(b)
Address of Principal Business Office or, if none, Residence
 
 
 
 
 
810 Catalpa Court
 
 
Charlottesville, Virginia 22903
 
 
 
 
(c)
Citizenship
 
 
 
 
 
Richard T. Spurzem is a citizen of the United States of America.
 
 
 
 
(d)
Title of Class of Securities
 
 
 
 
 
Common Stock, no par value
 
 
 
 
(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.
 
 
 
As of the filing date of this Amendment No. 3 to Schedule 13G, Richard T. Spurzem directly owns 1,894,061 shares of the issuer’s common stock, representing 10.0% of the total number of shares of the issuer’s common stock outstanding based on the number of shares of common stock outstanding as of March 1, 2023, as reported by the issuer in its Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 10, 2023. 
3

CUSIP No. 095825105
   
 
 
 
 
 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
 
 
Not applicable.
 
4

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 as of April 5, 2023.
 
 
 
 
 
RICHARD T. SPURZEM
 
 
 
/s/ Richard T. Spurzem
 
Richard T. Spurzem
 
   
 
 
 
 
 
 
 
 
 
   
 
   
 
 
 
 
 
 
 
   





 


























5