Form 4: Bogota Financial Director Boosts Stake with Common Stock Purchase

A director at Bogota Financial Corp. (BSBK) has increased their direct beneficial ownership by purchasing 1,400 shares of common stock.

Summary

• John J. Masterson, a Director of Bogota Financial Corp. (BSBK), purchased 1,400 shares of common stock on May 23, 2025.
• The shares were acquired at a price of $7.05 per share.
• Following this transaction, Mr. Masterson directly beneficially owns 179,695 shares of common stock, which includes shares of restricted stock.
• Mr. Masterson also holds 32,235 stock options with an exercise price of $10.45, granted on September 2, 2022, and expiring on September 2, 2031.
• Both the restricted stock and stock options vest at a rate of 20% per year, commencing on September 2, 2022.

Sentiment

Score: 7

Explanation: The sentiment is positive due to a director's open market purchase of company stock, which typically signals confidence in the company's future performance and valuation.

Positives

• A director's purchase of company stock at market price often signals confidence in the company's future prospects and valuation.
• The acquisition increases insider ownership, potentially aligning management interests more closely with those of shareholders.

Future Outlook

The document does not contain explicit forward-looking statements or guidance, as it is a transactional report of insider ownership changes.

Industry Context

This insider purchase by a director of Bogota Financial Corp., a financial institution, suggests a positive internal view of the company's stability and potential growth within the banking sector. Such transactions are often closely watched by investors for signals regarding management's confidence in the company's performance relative to broader industry trends.

Related Party Transactions

• The reported transaction is a direct purchase of common stock by John J. Masterson, a Director of Bogota Financial Corp., which constitutes a related party transaction under SEC rules.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive indicator of management's belief in the company's value, potentially increasing investor confidence.
• Employees may perceive this as a sign of stability and positive outlook for the company.

Key Dates

Recommendation

Keywords

Bogota Financial Corp., BSBK, Insider Trading, Form 4, Stock Purchase, Director Stock Ownership, Common Stock, Financial Services, Banking