[Form 4] Affinity Bancshares, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Robert Vickers, Chief Operations Officer of Affinity Bancshares, Inc. (AFBI), reported an open-market sale of company stock and disclosed his existing option holdings. On 08/25/2025 he sold 7,565 shares of common stock at $19.47 per share, resulting in 2,800 shares held directly and 2,630 shares held indirectly

Positive

• None.

Negative

• Reported sale of 7,565 shares at $19.47 on 08/25/2025 reduced direct ownership to 2,800 shares
• Insider still holds significant option exposure (33,602 underlying shares across three grants), which could lead to future dilution when exercised

Insights

Securities Analyst

Insider sale reduces direct holdings but substantial option exposure remains; transaction appears routine.

The sale of 7,565 shares at $19.47 reduced Mr. Vickers’ direct stake to 2,800 shares while he retains significant upside via three option grants totaling 33,602 underlying shares. The disclosed options include one fully vested grant and two with staged vesting, indicating continued long-term incentive alignment. The sale size relative to total reported economic exposure is not provided, limiting assessment of conviction change.

Corporate Governance Expert

Disclosure follows Section 16 reporting format and shows standard vesting schedules for executive compensation.

The Form 4 details restricted stock and option vesting schedules (20% annual vesting for certain grants), consistent with common executive award structures. The filing documents beneficial and indirect holdings via an ESOP and lists exercise prices and expiration dates, providing transparency about future dilution and potential insider exercise timing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Vickers Robert

(Last) (First) (Middle)

3175 HIGHWAY 278

(Street)

COVINGTON GA 30014

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Affinity Bancshares, Inc. [ AFBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operations Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2025		S		7,565	D	$19.47	2,800(1)	D
Common Stock								2,630(2)	I	By ESOP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$7.77							04/30/2021	04/30/2030	Common Stock	13,602(3)		13,602(3)	D
Stock Options	$14.85							07/01/2023	07/01/2032	Common Stock	10,000(4)		10,000(4)	D
Stock Options	$14.49							11/16/2024	11/16/2033	Common Stock	10,000(5)		10,000(5)	D

Explanation of Responses:

1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 16, 2024.

2. Reflects transaction not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

3. Stock options are fully vested.

4. Stock options vest at a rate of 20% per year commencing on July 1, 2023.

5. Stock options vest at a rate of 20% per year commencing on November 16, 2024.

	/s/ Robert Vickers	08/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did AFBI insider Robert Vickers report on Form 4?

The filing reports that Robert Vickers sold 7,565 shares of Affinity Bancshares common stock at $19.47 on 08/25/2025 and discloses his remaining direct and indirect holdings plus option grants.

How many shares does Robert Vickers hold after the sale (AFBI)?

Following the reported transaction, he holds 2,800 shares directly and 2,630 shares indirectly through an ESOP, as stated in the Form 4.

What stock options does the Form 4 disclose for AFBI executive Robert Vickers?

The Form 4 shows three option grants: 13,602 options at $7.77 (exercisable, exp 04/30/2030), 10,000 at $14.85 (vesting from 07/01/2023, exp 07/01/2032), and 10,000 at $14.49 (vesting from 11/16/2024, exp 11/16/2033).

Are there vesting schedules disclosed for restricted stock or options in the AFBI Form 4?

Yes. The filing states restricted stock vests 20% per year commencing 11/16/2024 and certain options vest 20% per year from their stated commencement dates.

Does the Form 4 indicate indirect ownership for Robert Vickers at AFBI?

Yes. The Form 4 reports 2,630 shares held indirectly