STOCK TITAN

BayFirst director and ex-CEO Anthony Leo resigns

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

BayFirst Financial Corp. (BAFN) reported that Director Anthony Leo resigned from the Boards of Directors of BayFirst Financial Corp. and its wholly owned subsidiary BayFirst National Bank, effective August 26, 2026. The company notes that Mr. Leo had previously served as Chief Executive Officer of both the Company and the Bank.

Positive

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Negative

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Effective resignation date August 26, 2026 Date Anthony Leo’s resignation from the Boards of the Company and the Bank became effective
Report signature date 8/27/2026 Date the report was signed by the Chief Financial Officer
Registrant telephone number (727) 440-6848 Telephone number for BayFirst Financial Corp.’s principal executive offices
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Exchange Act regulatory
"for purposes of Section 18 of the Securities Exchange Act of 1934"
A federal law that sets rules for trading securities on public exchanges, requiring companies and market participants to register, disclose regular financial information, and follow standards that promote honest, orderly markets. For investors, it matters because it creates transparency and legal protections—like stopping insider trading and ensuring timely company disclosures—so you can evaluate risks and rely on consistent rules much as players rely on a referee to keep a game fair.
Securities Act of 1933 regulatory
"filed under the Securities Act of 1933, as amended"
Inline XBRL technical
"Cover Page Interactive Data File (embedded within the Inline XBRL document)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

FAQ

What board change did BayFirst Financial Corp. (BAFN) disclose on August 26, 2026?

BayFirst Financial Corp. disclosed that Director Anthony Leo resigned from the Boards of Directors of both BayFirst Financial Corp. and its wholly owned subsidiary BayFirst National Bank, effective August 26, 2026. He had previously served as Chief Executive Officer of both entities.

What roles had Anthony Leo previously held at BayFirst Financial Corp. (BAFN)?

Anthony Leo had previously served as Chief Executive Officer of BayFirst Financial Corp. and its wholly owned subsidiary BayFirst National Bank, in addition to serving as a member of their Boards of Directors.

When did Anthony Leo’s resignation from BayFirst Financial Corp. (BAFN) become effective?

Anthony Leo’s resignation from the Boards of Directors of BayFirst Financial Corp. and BayFirst National Bank became effective on August 26, 2026.

Does the BayFirst Financial Corp. (BAFN) 8-K discuss financial results?

No. The 8-K focuses on a board resignation, specifically the resignation of Director Anthony Leo, and does not present financial results or earnings information.

What subsidiary of BayFirst Financial Corp. (BAFN) is mentioned in the filing?

The filing mentions BayFirst Financial Corp.’s wholly owned subsidiary, BayFirst National Bank, whose Board of Directors Anthony Leo also resigned from effective August 26, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
0001649739FALSE00016497392026-08-262026-08-26


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) August 26, 2026 

BAYFIRST FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
 
 
Florida001-4106859-3665079
(State or other jurisdiction
of incorporation)
(Commission
file number)
(IRS employer
identification no.)
700 Central Avenue33701
St. Petersburg, Florida
(Zip Code)
(Address of principal executive offices)
(727) 440-6848
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities Registered pursuant to Section 12(b) of the Act:
Title of each class registeredTrading Symbol(s)Name of exchange on which registered
Common StockBAFNThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1933 (§240.12b-2 of this chapter)
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory.
On August 26, 2026, Director Anthony Leo notified the Board of Directors of BayFirst Financial Corp. ("Company") and its wholly-owned subsidiary, BayFirst National Bank (the "Bank"), of his decision to resign from the Boards of Directors of the Company and the Bank effective August 26, 2026. Mr. Leo served as a member of the Board of Directors and was a prior Chief Executive Officer of the Company and the Bank.
Item 9.01 Financial Statements and Exhibits.
  (d) Exhibits
Exhibit Number

Exhibit Name
Filed Herewith
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
*
The information in this report (including the exhibits) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BAYFIRST FINANCIAL CORP.
Date:8/27/2026
By:/s/ Scott J. McKim
Scott J. McKim
Chief Financial Officer


Filing Exhibits & Attachments

3 documents