Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-07

Blue Ridge Bankshares, Inc. (BRBS)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$4,425,449
G. William Beale total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
95.81%
Say-on-pay support, latest vote
Companies that benchmark against BRBS
5 companies name BRBS as a compensation peer

Each company listed discloses BRBS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BRBS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
G. William Beale$721,912$0$3,398,400$0$286,137$0$19,000$4,425,449
President and Chief Executive Officer of the Company; Chief Executive Officer of the Bank
M. Dean Brown376,69801,699,2000104,516021,7002,202,114
Chief Operations and Technology Officer of the Bank
Judy Gavant397,12701,557,6000110,184022,1522,087,063
Executive Vice President and Chief Financial Officer of the Company and the Bank; President of the Bank

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
G. William Beale$4,425,449$1,418,683$981,279+3,006,766
M. Dean Brown2,202,114652,987652,987+1,549,127
Judy Gavant2,087,063685,641639,451+1,401,422

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Hunter H. BostDirector2026-07-01A9,694$4$34,801CommonForm 4 ↗
Vance H. SpilmanDirector2026-07-01A14,206451,000CommonForm 4 ↗
Otis S. JonesDirector2026-07-01A3,816413,699CommonForm 4 ↗
Randolph N. Reynolds, JrDirector2026-07-01A6,602423,701CommonForm 4 ↗
Judy GavantEVP & Chief Financial Officer2026-07-01D7,47400CommonForm 4 ↗
Heather M. CozartDirector2026-07-01A10,306436,999CommonForm 4 ↗
Julien G. PattersonDirector2026-07-01A10,460437,551CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Judy GavantPSU2026-01-01160,000
G. William BealePSU2025-04-29960,0003,398,400
Judy GavantPSU2025-04-29440,0001,557,600
M. Dean BrownPSU2025-04-29480,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Judy Gavant$0$1,557,600$0100.0%
G. William Beale03,398,4000100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
G. William BealePSU113,415$484,282
Judy GavantPSU41,796178,469
M. Dean BrownPSU34,690148,126
G. William BealePSU27,813118,761
G. William BealePSU18,54279,174
M. Dean BrownPSU3,33414,236
Judy GavantPSU2,49210,641
Judy GavantPSU11,21147,871
Judy GavantPSU440,0001,878,800
Judy GavantOption3,75010.8
Judy GavantOption3,75013.15
G. William BealePSU960,0004,099,200
M. Dean BrownPSU480,0002,049,600
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's executive compensation program is designed to attract and retain highly skilled and motivated executive officers who will manage the Company in a manner to promote its growth and profitability and advance the interests of its shareholders.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantPearl Meyer & Partners, LLC
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-05-2170,498,4801,817,3721,268,75895.81%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-05-2195.81%a

a. Approved under the standard stated in the filing — “Failures to vote, abstentions, and broker non-votes will not count as votes cast on the proposal, and, accordingly, will have the same effect as votes against the proposed amendment.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Vance H. SpilmanIndependent · Board Chair$53,167$50,999$0$0$0$104,166
Heather M. CozartIndependent · Audit and Risk (Chair)60,20039,79800099,998
Randolph N. Reynolds, JrIndependent · Compensation (Chair) · Governance67,93324,44900092,382
Otis S. JonesIndependent · Governance67,03714,32000081,357
Julien G. PattersonIndependent · Governance (Chair) · Compensation40,55037,55100078,101
Hunter H. BostIndependent · Audit and Risk39,05038,55200077,602
Trevor MontanoIndependent · Compensation76,86700076,867
Anthony R. ScavuzzoIndependent · Compensation69,60000069,600
Ciaran McMullanIndependent · Audit and Risk67,95000067,950
William W. StokesIndependent · Audit and Risk · Governance55,21200055,212
Elizabeth H. CrowtherIndependent · Not standing for re-election · Departed during FY29,84400029,844
Carolyn J. WoodruffIndependent · Not standing for re-election · Departed during FY15,81200015,812
G. William BealeEmployee director · Not standing for re-election · Departed during FY00000
Harry GollidayEmployee director · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer$64,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)100,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$643,222
Equity awards (grant-date value)$205,669
All other compensation$0
Total cost of the board$848,891

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Blue Ridge Bankshares, Inc.2025G. William Beale$721,912$3,398,400$0$286,137$4,425,449

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

FAQ

Frequently asked questions

Who was the highest-paid executive at Blue Ridge Bankshares, Inc. in fiscal 2025?
G. William Beale, serving as President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank, was the highest-paid executive at Blue Ridge Bankshares, Inc. in fiscal 2025 with total compensation of $4,425,449.
How does Blue Ridge Bankshares, Inc.'s chief executive pay compare to its disclosed peer group?
The CEO pay percentile of disclosed peers was not disclosed in this extract.
What is Blue Ridge Bankshares, Inc.'s CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio was not disclosed in this extract.
How did shareholders vote on Blue Ridge Bankshares, Inc.'s executive compensation?
Shareholders voted 95.81% in support of the executive compensation plan at the latest vote.
How much does Blue Ridge Bankshares, Inc. spend in total on board compensation for fiscal 2025?
Total board compensation for fiscal 2025 was $848,891.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, G. William BealeDEF 14A2026-04-300001193125-26-196703Section “Summary Compensation Table”. As printed: 4,425,449. Filing ↗machine: r2 · c7 · span 411884–411895
2Section 01, M. Dean BrownDEF 14A2026-04-300001193125-26-196703Section “Summary Compensation Table”. As printed: 2,202,114. Filing ↗machine: r8 · c7 · span 433582–433593
3Section 01, Judy GavantDEF 14A2026-04-300001193125-26-196703Section “Summary Compensation Table”. As printed: 2,087,063. Filing ↗machine: r5 · c7 · span 422904–422915
4Section 03, Judy Gavant PSUDEF 14A2026-04-300001193125-26-196703Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: span 389215–389222
5Section 03, G. William Beale PSUDEF 14A2026-04-300001193125-26-196703Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t14 · r2 · c4 · span 410674–410683
6Section 03, Judy Gavant PSUDEF 14A2026-04-300001193125-26-196703Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: t14 · r5 · c4 · span 421687–421696
7Section 03, M. Dean Brown PSUDEF 14A2026-04-300001193125-26-196703Section “EXECUTIVE COMPENSATION &” · grants of plan-based awards table. Filing ↗machine: span 388994–389001
8Section 07, pay ratio10-K2026-03-120001193125-26-104410Section “CEO Pay Ratio”. As printed: —. Filing ↗
9Section 08, Vance H. SpilmanDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 104,166. Filing ↗machine: t18 · r11 · c3 · span 678832–678839
10Section 08, Heather M. CozartDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 99,998. Filing ↗machine: t18 · r3 · c3 · span 666758–666764
11Section 08, Randolph N. Reynolds, JrDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 92,382. Filing ↗machine: t18 · r9 · c3 · span 675783–675789
12Section 08, Otis S. JonesDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 81,357. Filing ↗machine: t18 · r5 · c3 · span 669904–669910
13Section 08, Julien G. PattersonDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 78,101. Filing ↗machine: t18 · r8 · c3 · span 674341–674347
14Section 08, Hunter H. BostDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 77,602. Filing ↗machine: t18 · r2 · c3 · span 665324–665330
15Section 08, Trevor MontanoDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 76,867. Filing ↗machine: t18 · r7 · c1 · span 672223–672229
16Section 08, Anthony R. ScavuzzoDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 69,600. Filing ↗machine: t18 · r10 · c1 · span 676742–676748
17Section 08, Ciaran McMullanDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 67,950. Filing ↗machine: t18 · r6 · c1 · span 670797–670803
18Section 08, William W. StokesDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 55,212. Filing ↗machine: t18 · r12 · c1 · span 679630–679636
19Section 08, Elizabeth H. CrowtherDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 29,844. Filing ↗machine: t18 · r4 · c1 · span 667817–667823
20Section 08, Carolyn J. WoodruffDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 15,812. Filing ↗machine: t18 · r13 · c1 · span 681221–681227
21Section 08, G. William BealeDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, Harry GollidayDEF 14A2026-04-300001193125-26-196703Section “Director Compensation”. As printed: 0. Filing ↗
23Section 02, Hunter H. Bost 2026-07-01Form 42026-07-070001796975-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Vance H. Spilman 2026-07-01Form 42026-07-070001754471-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Otis S. Jones 2026-07-01Form 42026-07-070001981412-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Randolph N. Reynolds, Jr 2026-07-01Form 42026-07-070001771170-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Judy Gavant 2026-07-01Form 42026-07-070001499901-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Heather M. Cozart 2026-07-01Form 42026-07-070001981592-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Julien G. Patterson 2026-07-01Form 42026-07-070001461661-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
30Section 06, 2025 voteForm 8-K2025-05-220000950170-25-076357Item 5.07 · say-on-pay result. As reported: 95.81% (votes for as printed: 70,498,480). Filing ↗
31Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
32Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
33Section 09b board cost (computed)ComputedcomputedCash 643,222 + equity 205,669 + all other 0 = 848,891, summed across the director compensation table rows.machine: formula: Σ = 848,891
34Blue Ridge Bankshares, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-300001193125-26-196703CEO total compensation as printed in Blue Ridge Bankshares, Inc.'s own proxy. As printed: 4,425,449. Filing ↗machine: r2 · c7 · span 411884–411895