Form 4: Affinity Bancshares SVP Brandi C Pajot Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Brandi C Pajot, SVP and Chief Financial Officer of Affinity Bancshares, Inc., reports the disposition of common stock to cover tax obligations and holdings of stock options and restricted stock.

Summary

  • Brandi C Pajot, the SVP Chief Financial Officer of Affinity Bancshares, Inc. [AFBI], filed a Form 4.
  • On March 21, 2025, Pajot disposed of 274 shares of common stock at a price of $18.07 to cover tax obligations.
  • Following the transaction, Pajot directly owns 22,462 shares of common stock and indirectly owns 2,857 shares through an ESOP.
  • Pajot also holds multiple stock options with varying exercise prices and expiration dates, each for 10,000 or 13,602 shares of common stock.
  • These stock options vest at a rate of 20% per year commencing on different dates.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company officer; it doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's perspective on the company's stock.

Stakeholder Impact

  • Shareholders can use this information to understand insider trading activity and assess management's confidence in the company.

Key Dates

DateDescription
04/30/2021Commencement date for vesting of stock options for 13,602 shares.
07/01/2023Commencement date for vesting of stock options for 10,000 shares.
03/21/2024Commencement date for vesting of stock options for 10,000 shares.
11/16/2024Commencement date for vesting of stock options for 10,000 shares.
03/21/2025Date of common stock disposition.
03/24/2025Date of signature for the Form 4 filing.
04/30/2030Expiration date for stock options for 13,602 shares.
07/01/2032Expiration date for stock options for 10,000 shares.
03/21/2033Expiration date for stock options for 10,000 shares.
11/16/2033Expiration date for stock options for 10,000 shares.

Keywords

Form 4, stock options, common stock, Affinity Bancshares, insider trading, Brandi C Pajot

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