Form 4: BayFirst Financial Corp. Director Barbara Zipperian Reports Tax Withholding Transaction
SEC Form 4 Filing
Director Barbara Zipperian reports a transaction involving the withholding of shares by BayFirst Financial Corp. to cover tax obligations related to restricted stock awards.
Summary
- On January 23, 2025, BayFirst Financial Corp. withheld 204 shares from Director Barbara Zipperian to satisfy tax withholding obligations related to the net settlement of restricted stock awards (RSAs).
- The price per share for the transaction was $15.29.
- Following the transaction, Zipperian beneficially owns 4,628.1222 shares of BayFirst Financial Corp.
- The transaction did not represent a sale by Zipperian.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing related to tax obligations, so it doesn't convey strong positive or negative sentiment. It's a neutral disclosure.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and principal stockholders) of publicly traded companies, providing transparency into their transactions in the company's stock. This allows investors to monitor insider activity, which can sometimes provide insights into the company's prospects.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Date of the transaction where shares were withheld for tax obligations. |
| 02/20/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Director, Zipperian, BayFirst Financial Corp., BAFN, Tax Withholding, Restricted Stock Awards
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