Form 4: BayFirst Financial Corp. Director Berset Reports Tax Withholding Transaction
SEC Form 4 Filing
Director Mark S Berset of BayFirst Financial Corp. reports a transaction involving the withholding of shares to cover tax obligations related to restricted stock awards.
Summary
- On January 23, 2025, Mark S Berset, a director of BayFirst Financial Corp., had 204 shares of common stock withheld by the issuer to cover tax obligations.
- The withholding occurred at a price of $15.29 per share.
- Following the transaction, Berset directly owns 208,800.3734 shares of BayFirst Financial Corp.
- The transaction was related to the net settlement of restricted stock awards (RSAs) and did not represent a sale by Berset.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a tax withholding transaction, which is neither inherently positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions and holdings.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Date of the transaction involving the withholding of shares for tax obligations. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, BayFirst Financial Corp., BAFN, Director, Mark S Berset, Tax Withholding, Restricted Stock Awards, Beneficial Ownership
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