Form 4: Broadway Financial Corp Director Marie C Johns Acquires Shares

Marie C Johns, a director of Broadway Financial Corp, acquired 2,904 shares of common stock at $7.23 per share on March 24, 2025.

Summary

• On March 24, 2025, Marie C Johns, a director of Broadway Financial Corp, acquired 2,904 shares of common stock.
• The acquisition price was $7.23 per share.
• This acquisition was an award of unrestricted stock issued pursuant to the amended and Restated 2018 Long Term Incentive Plan of Broadway Financial Corporation.
• Following the transaction, Johns beneficially owns 7,548 shares of Broadway Financial Corp common stock, adjusted for a reverse stock split effective October 31, 2023.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a director, which doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• A director's acquisition of shares can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market and allow investors to track insider activity, which can sometimes offer insights into a company's prospects.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Stock Acquisition, BYFC, Broadway Financial Corp, Marie C Johns