Fourthstone LLC Increases Stake in Bank of the James Financial Group Inc to 8.48%

On May 15, 2026, Fourthstone LLC and associated entities filed a Schedule 13G/A regarding their holdings in Bank of the James Financial Group Inc (BOTJ). The filing reveals that Fourthstone LLC now beneficially owns 385,498 shares of common stock, representing an 8.48% ownership stake in the company. This reflects an increase from the previously reported 0% ownership position. The reporting group includes Fourthstone Master Opportunity Fund Ltd, Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP, and L. Phillip Stone, IV. Among these, the Fourthstone Master Opportunity Fund Ltd holds the largest individual portion with 296,731 shares (6.53%). L. Phillip Stone, IV, as the Managing Member of Fourthstone LLC and Fourthstone GP, is deemed to have shared voting and dispositive power over all 385,498 shares. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer.