Form 4: BayFirst Financial Corp. Officer Rhonda S. Tudor Reports Tax Withholding Transaction
SEC Form 4 Filing
Rhonda S. Tudor, SVP, Chief Accounting Officer of BayFirst Financial Corp., reports the withholding of shares to cover tax obligations related to restricted stock awards.
Summary
- On January 23, 2025, Rhonda S. Tudor, SVP, Chief Accounting Officer of BayFirst Financial Corp., had shares withheld by the issuer to satisfy tax obligations related to the net settlement of restricted stock awards.
- A total of 12 shares of common stock were withheld at a price of $15.29 per share.
- Following the transaction, Tudor directly owns 1,651.2884 shares of BayFirst Financial Corp.
- This transaction does not represent a sale by the reporting person.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a tax withholding transaction, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Date of transaction: Shares withheld for tax obligations. |
| 03/17/2025 | Date of signature on the report. |
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