Thomas F. Cherry, an officer and director at C&F Financial Corp, has filed a notice to sell 1,560 shares of common stock. This filing, submitted on November 5, 2026, is significant as it highlights the ongoing equity compensation strategies employed by executives within the banking sector.

C&F Financial Corp is incorporated in Virginia and operates under the SIC classification of state commercial banks. The company is publicly traded on the Nasdaq exchange under the ticker symbol CFFI. The recent filing is part of a series of disclosures made by Cherry, indicating a pattern of stock management.

According to the filing, Cherry acquired the shares through vested Restricted Stock Awards (RSAs) on January 15, 2018. The aggregate market value of the shares being sold is approximately $175,078.80. The filing also notes that Cherry sold 500 shares on August 5, 2026, for gross proceeds of $43,565.

This transaction may affect investors and stakeholders within C&F Financial Corp, as it reflects the company's ongoing approach to equity compensation and management. The filing does not specify any immediate next steps following this transaction.

The filing indicates that the shares sold by Cherry were acquired through vested Restricted Stock Awards (RSAs) on January 15, 2018, as part of the company's equity compensation program. This method of acquisition underscores the company's strategy to align executive compensation with shareholder interests by granting equity rather than cash bonuses.

Furthermore, the filing reveals that C&F Financial Corp had a total of 37,309 shares of common stock outstanding at the time of this transaction. This information may provide context for investors regarding the relative size of Cherry's sale in relation to the overall share structure of the company.

Additionally, the transaction was executed through C&F Wealth Management, which serves as the broker for the sale. The business address for C&F Wealth Management is located at 1400 Alverser Drive, Midlothian, VA, indicating a local connection to the financial services provided to C&F Financial Corp.

Cherry's previous sale of 500 shares on August 5, 2026, for gross proceeds of $43,565, further illustrates his ongoing management of stock holdings. The filing does not include any information regarding Cherry's future plans for additional sales or purchases of C&F Financial Corp shares.