Insider purchases
William C. Bryant III, a member of the board at Bank of the James Financial Group Inc (NASDAQ: BOTJ), reported two recent purchases of the company's common stock totaling 996 shares. The first transaction took place on February 12, 2026, when Bryant bought 396 shares at $20.00 per share. He followed up on February 19, 2026, with a purchase of 600 shares at $20.82 per share. The combined cash value of those trades is $20,412, with transaction prices spanning from $20.00 to $20.82.
Post-transaction ownership and market context
After these acquisitions, Bryant directly holds 76,673 shares of Bank of the James Financial Group. These insider purchases occurred while BOTJ shares were trading close to a 52-week high of $21.49, a level reached amid a 66% gain in the stock over the past year.
Valuation and analyst tools
According to InvestingPro analysis cited by the company reporting, Bank of the James has a financial health score classified as "GOOD" and carries a price-to-earnings ratio of 10.48. The InvestingPro service also notes there are 10 additional exclusive tips available to subscribers regarding BOTJ's performance and valuation.
Leadership change at the bank
In separate company news, Bank of the James Financial Group announced the retirement of co-founder J. Todd Scruggs. His retirement became effective on January 5. Scruggs relinquished his executive and board roles at both the parent company and its banking subsidiary. Over the course of the bank's history, he served as Chief Financial Officer from the bank's inception in 1998 through 2025, and later held positions including Executive Vice President and Chief Investment Officer. He also served as Secretary and Treasurer of the parent company. The company describes his departure as the conclusion of a 25-year tenure with the organization.
What this means on the tape
The filings documenting Bryant's purchases and the announcement of Scruggs' retirement provide investors with updated disclosures about insider activity and a key leadership transition. The transactions and the company disclosures are part of the public record and reflect recent shifts in both ownership holdings among insiders and executive staffing at the bank.
Limitations of the available information
The filings record the facts of the transactions and the retirement but do not provide further commentary on the motivations behind the purchases or on succession plans beyond the stated departures. Market participants reviewing these items should note the factual content provided in the filings and company announcement without inferring additional intent or outcome.
For readers tracking insider activity and executive changes, these filings serve as direct inputs into assessments of insider behavior and governance developments at Bank of the James.