Form 4: CF Bankshares Officer Bradley J. Ringwald Reports Stock Transactions
SEC Form 4 Filing
Bradley J. Ringwald, Bank President at CF Bankshares Inc., reports acquisition of 6,000 shares and disposition of shares due to tax withholding.
Summary
- On April 11, 2024, Bradley J. Ringwald acquired 6,000 shares of CF Bankshares Inc. common stock.
- These shares are related to restricted stock awards granted under the Central Federal Corporation 2019 Equity Incentive Plan and vest over three years.
- On February 15, 2024, 506 shares were disposed of at $21.38.
- On February 22, 2024, 506 shares were disposed of at $21.50.
- These dispositions were likely for tax withholding purposes.
- Following these transactions, Ringwald directly owns 19,943 shares of CF Bankshares Inc.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry. It provides transparency into the actions of key personnel and their holdings in the company.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider activity related to compensation.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | Disposition of 506 shares at $21.38 |
| 02/22/2024 | Disposition of 506 shares at $21.50 |
| 04/11/2024 | Acquisition of 6,000 shares |
| 04/15/2024 | Date of Form 4 signature |
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