---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-015718"
form_type: "8-K"
ticker: "BRBS"
cik: "0000842717"
company_name: "BLUE RIDGE BANKSHARES, INC."
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:43:37.573937+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Blue Ridge Bankshares amends CEO Beale's employment agreement; severance, change-in-control terms revised

## Summary
- Effective Jan 1, 2025, Beale's agreement: 2-year term, base salary floor $547,000; annual bonus up to 40% of base.
- Severance period for without-cause termination changed to greater of months remaining or 12 months (from up to 12 months less months since May 2023).
- Change-in-control payout revised to 2 times (base salary + highest bonus in prior 2 years), from months-remaining formula.
- Non-compete covenant extended from 3 months to 12 months; fintech businesses removed from 'competitive business' definition.
- CFO Judy Gavant's agreement amended with only ministerial and administrative changes; no material term alterations.

## SEC filing metadata
- accession: 0001193125-25-015718
- form_type: 8-K
- ticker: BRBS
- cik: 0000842717
- company_name: BLUE RIDGE BANKSHARES, INC.
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842717/000119312525015718/0001193125-25-015718-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842717/000119312525015718/d877980d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-015718
- JSON: https://secwatch.observer/filing/0001193125-25-015718.json
- Plain text: https://secwatch.observer/filing/0001193125-25-015718.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.