Form 4: BayCom Corp Director Syvia Magid Reports Stock Acquisition

BayCom Corp Director Syvia L. Magid has filed a Form 4 disclosing the acquisition of 1,419 shares of common stock at a price of $0, effective July 1, 2025, increasing her total beneficial ownership to 9,309 shares.

Summary

• Syvia L. Magid, a Director of BayCom Corp (BCML), reported an acquisition of common stock.
• The transaction involved the acquisition of 1,419 shares of BayCom Corp Common Stock.
• The acquisition price per share was $0, indicating a grant or award rather than a cash purchase.
• The transaction date was July 1, 2025.
• Following this transaction, Ms. Magid's beneficial ownership increased to 9,309 shares of Common Stock.

Sentiment

Score: 6

Explanation: Slightly positive due to increased insider ownership, indicating alignment of interests, although the transaction is a grant rather than a direct purchase.

Positives

• Increased insider ownership: A director acquiring shares, even if granted, aligns their interests with shareholders.
• Transparency: The filing provides timely disclosure of insider activity.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, common across all publicly traded companies, and does not reflect broader industry trends.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to higher beneficial ownership.

Key Dates

Keywords

BayCom Corp, BCML, Form 4, Insider Transaction, Director, Stock Acquisition, Equity Grant, Beneficial Ownership, Syvia L. Magid, SEC Filing