Form 4: Broadway Financial Corp Director Wayne-Kent A. Bradshaw Reports Acquisition of Common Stock

Director Wayne-Kent A. Bradshaw reports acquiring 2,904 shares of Broadway Financial Corp common stock at $7.23 per share on March 24, 2025, increasing his holdings to 40,864 shares.

Summary

• On March 24, 2025, Wayne-Kent A. Bradshaw, a director of Broadway Financial Corp, acquired 2,904 shares of common stock.
• The acquisition was made at a price of $7.23 per share.
• This transaction increased Bradshaw's total holdings to 40,864 shares.
• The acquisition was an award of unrestricted stock issued pursuant to the Amended and Restated 2018 Long Term Incentive Plan of Broadway Financial Corporation.
• The reported amount of securities is adjusted for a reverse stock split effective October 31, 2023, and includes 5,216 shares allocated under the 'ESOP'.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

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

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Wayne-Kent A. Bradshaw, Broadway Financial Corp, BYFC, Common Stock, Acquisition