Form 4: BayFirst Financial Corp. Director Christos Politis Reports Tax Withholding
SEC Form 4 Filing
Director Christos Politis reports tax withholding related to restricted stock awards at BayFirst Financial Corp.
Summary
- On January 23, 2025, Christos Politis, a director of BayFirst Financial Corp., had 204 shares of common stock withheld to cover tax obligations related to the net settlement of restricted stock awards (RSAs).
- The shares were withheld by the issuer at a price of $15.29 per share.
- Following the transaction, Politis directly owns 43,261 shares of BayFirst Financial Corp.
- The transaction did not represent a sale by the reporting person.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax withholding) and doesn't suggest any positive or negative implications for the company's performance or outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates routine tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Date of transaction: Shares withheld for tax obligations. |
| 02/20/2025 | Date of signature by Attorney-in-fact. |
Keywords
Form 4, Beneficial Ownership, Director, Christos Politis, BayFirst Financial Corp., BAFN, Tax Withholding, Restricted Stock Awards
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