Frank E. Jenkins Jr. - 01 Apr 2025 Form 4 Insider Report for Village Bank & Trust Financial Corp. (VBFC)

Role: Director
Signature: /s/ Frank E Jenkins, Jr.
Issuer symbol: VBFC
Transactions as of: 01 Apr 2025
Net transactions value: -$430,220
Form type: 4
Filing time: 02 Apr 2025, 14:55:50 UTC
Previous filing: 25 Oct 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VBFC	Common Stock	Disposed to Issuer	$384,076	-4,786	-100%	$80.25	0	01 Apr 2025	Direct	F1
transaction	VBFC	Common Stock	Disposed to Issuer	$46,144	-575	-100%	$80.25	0	01 Apr 2025	By SEP	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Frank E. Jenkins Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of pursuant to the Agreement and Plan of Reorganization, dated as of September 23, 2024, by and among TowneBank, Cardinal Sub, Inc., Village Bank and the issuer, pursuant to which the issuer was merged with and into TowneBank, effective April 1, 2025, and each issued and outstanding share of common stock of the issuer was converted into the right to receive $80.25 in cash. The reporting person no longer beneficially owns, directly or indirectly, any shares of common stock of the issuer.

Content

Disposed of pursuant to the Agreement and Plan of Reorganization, dated as of September 23, 2024, by and among TowneBank, Cardinal Sub, Inc., Village Bank and the issuer, pursuant to which the issuer was merged with and into TowneBank, effective April 1, 2025, and each issued and outstanding share of common stock of the issuer was converted into the right to receive $80.25 in cash. The reporting person no longer beneficially owns, directly or indirectly, any shares of common stock of the issuer.