Form 4: BayFirst Financial Corp. Director Bradly William Spoor Reports Tax Withholding
SEC Form 4 Filing
Director Bradly William Spoor reports 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 of common stock from Director Bradly William Spoor to satisfy tax withholding obligations related to the net settlement of restricted stock awards (RSAs).
- The price per share was $15.29.
- Following the transaction, Spoor directly owns 2,603.1931 shares of BayFirst Financial Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- Shareholders are informed about insider transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Date of transaction where shares were withheld for tax obligations. |
| 02/20/2025 | Date of signature on the report. |
Keywords
Form 4, BayFirst Financial Corp., BAFN, Director, Bradly William Spoor, Tax Withholding, Restricted Stock Awards, Beneficial Ownership
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