Form 4: BayFirst Financial Corp. Director Trades
Statement of Changes in Beneficial Ownership
BayFirst Financial Corp. Director Alexander Octavius Harris reports transactions related to restricted stock awards.
Summary
- Alexander Octavius Harris, a Director at BayFirst Financial Corp. (BAFN), reported a transaction on May 15, 2026.
- This transaction involved 99 shares of common stock acquired at a price of $6.49 per share.
- The acquisition was a result of shares being withheld by the Issuer to satisfy tax withholding and remittance obligations related to restricted stock awards (RSAs).
- Following this transaction, Mr. Harris beneficially owns 6,657.3484 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard transaction for tax withholding on restricted stock awards, not a sale or purchase of shares by an insider.
Positives
- Director Alexander Octavius Harris continues to hold a significant direct beneficial ownership of 6,657.3484 shares of BayFirst Financial Corp. common stock.
- The transaction reported is a standard withholding for tax obligations, indicating no sale of shares by the reporting person.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a director's stock transaction.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and are crucial for understanding insider sentiment and potential shifts in beneficial ownership within the financial services sector.
Stakeholder Impact
- Shareholders: The filing provides transparency regarding insider holdings and transactions, which can inform investor sentiment. The reported transaction does not indicate a sale of shares by the director.
- Employees: The transaction relates to restricted stock awards, which are a form of employee compensation, indirectly impacting employees who receive such awards.
- Management: The filing is a routine disclosure for management and directors, ensuring compliance with regulatory requirements.
Key Dates
| Date | Description |
|---|---|
| 05/15/2026 | Earliest transaction date and transaction date for the reported acquisition of common stock. |
| 05/18/2026 | Date of signature for the filing. |
Keywords
SEC Form 4, Insider Trading, Beneficial Ownership, Restricted Stock Awards, BayFirst Financial Corp., BAFN, Director Transactions, Tax Withholding
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