Form 4: BayFirst Financial Corp. Executive Scott Joseph McKim Reports Acquisition of Common Stock

Scott Joseph McKim, EVP and Chief Financial Officer of BayFirst Financial Corp., reports acquiring additional shares of common stock through a dividend reinvestment plan.

Summary

• On March 17, 2025, Scott Joseph McKim, the EVP and Chief Financial Officer of BayFirst Financial Corp., acquired 0.3027 shares of common stock at a price of $19.19 per share.
• The acquisition was made through the Issuer's Dividend Reinvestment Plan.
• Following the transaction, McKim directly owns 3,167.9185 shares of BayFirst Financial Corp.
• The transaction was reported on March 19, 2025.

Sentiment

Score: 6

Explanation: Neutral sentiment. The transaction is a routine acquisition of shares through a dividend reinvestment plan, indicating continued investment by the CFO, but not necessarily a major shift in outlook.

Positives

• The acquisition of shares through the Dividend Reinvestment Plan demonstrates McKim's continued investment in the company.

Industry Context

Insider transactions are routinely monitored as indicators of management's confidence in the company's prospects. Purchases can be seen as a positive signal, though small purchases like this are fairly common through dividend reinvestment plans.

Stakeholder Impact

• The transaction may have a slightly positive impact on shareholder sentiment, as it indicates confidence from a key executive.

Key Dates

Keywords

Form 4, insider trading, BAFN, BayFirst Financial Corp., Scott Joseph McKim, dividend reinvestment plan, common stock, acquisition