Form 4: Affinity Bancshares SVP Chief Financial Officer, Brandi C Pajot, Reports Changes in Beneficial Ownership
SEC Form 4
Brandi C Pajot, SVP Chief Financial Officer of Affinity Bancshares, Inc., filed a Form 4 detailing changes in beneficial ownership, including the disposition of common stock and holdings of stock options.
Summary
- On April 30, 2025, Brandi C Pajot, the SVP Chief Financial Officer of Affinity Bancshares, Inc., reported changes in beneficial ownership.
- The transactions included the disposition of 498 shares of common stock at a price of $18.36 per share.
- Following the reported transaction, Pajot directly owns 21,964 shares of common stock and indirectly owns 2,857 shares through an ESOP.
- Pajot also holds stock options for 13,602 shares exercisable at $7.77, 10,000 shares exercisable at $14.85, 10,000 shares exercisable at $14.40 and 10,000 shares exercisable at $14.49.
- Some stock options and restricted stock vest over time, commencing on various dates.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing primarily reports transactions without indicating a strong positive or negative outlook.
Positives
- The reporting person continues to hold a significant number of shares and stock options in the company, indicating continued alignment with shareholder interests.
Negatives
- The disposition of 498 shares could be interpreted negatively, although the amount is relatively small compared to the total holdings.
Risks
- Future transactions by the reporting person could impact the stock price.
- Changes in the company's performance could affect the value of the stock options and restricted stock.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders and provides transparency regarding their holdings and transactions in the company's stock.
Stakeholder Impact
- Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 04/30/2021 | Date stock options exercisable at $7.77 |
| 07/01/2023 | Date stock options exercisable at $14.85 |
| 07/28/2023 | Commencement date for vesting of some restricted stock at 20% per year |
| 03/21/2024 | Date stock options exercisable at $14.40 |
| 03/21/2024 | Commencement date for vesting of some restricted stock at 20% per year |
| 11/16/2024 | Date stock options exercisable at $14.49 |
| 11/16/2024 | Commencement date for vesting of some restricted stock at 20% per year |
| 04/30/2025 | Date of transaction and filing |
| 05/02/2025 | Signature date |
| 04/30/2030 | Expiration date for stock options exercisable at $7.77 |
| 07/01/2032 | Expiration date for stock options exercisable at $14.85 |
| 03/21/2033 | Expiration date for stock options exercisable at $14.40 |
| 11/16/2033 | Expiration date for stock options exercisable at $14.49 |
Keywords
beneficial ownership, stock options, common stock, Affinity Bancshares, Form 4, insider trading, Pajot, AFBI
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