BayFirst Financial Corp. (BAFN) CFO logs stock plan buys, tax withholdings

Rhea-AI Filing Summary

BayFirst Financial Corp. EVP and CFO Scott Joseph McKim reported several common stock transactions. On February 5, 2026, he acquired 49.8256 shares at $6.021 per share through the company’s Non-Qualified Stock Purchase Plan, bringing his directly held common stock to 3,306.2837 shares.

On January 23, 2026 and February 3, 2026, a total of 164 shares at prices of $6.70 and $6.65 were withheld by the issuer to cover tax obligations related to restricted stock awards, and the filing states these do not represent sales by McKim. He also indirectly holds 79.8819 shares through an ESOP.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider McKim Scott Joseph

Role EVP, Chief Financial Officer

Type	Security	Shares	Price	Value
Other	Common Stock	49.826	$6.021	$300.00
Tax Withholding	Common Stock	89	$6.65	$591.85
Tax Withholding	Common Stock	75	$6.70	$502.50
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,306.284 shares (Direct); Common Stock — 79.882 shares (Indirect, By ESOP)

Footnotes (1)

1. Shares were purchased within the Issuer's Non-Qualified Stock Purchase Plan. Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock awards (RSAs) and does not represent a sale by the Reporting Person.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

McKim Scott Joseph

(Last) (First) (Middle)

700 CENTRAL AVE

(Street)

ST. PETERSBURG FL 33701

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BayFirst Financial Corp. [ BAFN ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

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	02/05/2026		J(1)		49.8256	A	$6.021	3,306.2837	D
Common Stock								79.8819	I	By ESOP
Common Stock	02/03/2026		F(2)		89	D	$6.65	3,217.2837	D
Common Stock	01/23/2026		F(2)		75	D	$6.7	3,142.2837	D

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

Explanation of Responses:

1. Shares were purchased within the Issuer's Non-Qualified Stock Purchase Plan.

2. Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock awards (RSAs) and does not represent a sale by the Reporting Person.

Remarks:

	/s/ Barbara Felts, Attorney-in-fact	02/06/2026
	** 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 insider transactions did BayFirst Financial (BAFN) CFO Scott McKim report?

BayFirst’s CFO Scott McKim reported acquiring 49.8256 common shares at $6.021 under a Non-Qualified Stock Purchase Plan, plus share withholdings for taxes on RSAs. After these transactions, he directly held 3,306.2837 shares and indirectly held 79.8819 shares via an ESOP.

How many BayFirst (BAFN) shares does the CFO own after these Form 4 transactions?

After the reported transactions, CFO Scott McKim beneficially owned 3,306.2837 BayFirst common shares directly and 79.8819 shares indirectly through an ESOP. These figures reflect purchases under a stock purchase plan and share withholdings to satisfy tax obligations on restricted stock awards.

Were any of the BayFirst (BAFN) CFO’s reported transactions actual open-market sales?

The filing states that 75 and 89 shares reported with code F were withheld by BayFirst to satisfy tax withholding and remittance obligations for restricted stock awards, and do not represent sales by CFO Scott McKim. The only acquisition was via the Non-Qualified Stock Purchase Plan.

What does the J transaction code represent in the BayFirst (BAFN) CFO Form 4?

In this Form 4, the J-coded transaction on February 5, 2026 reflects 49.8256 BayFirst common shares purchased at $6.021 within the issuer’s Non-Qualified Stock Purchase Plan. The explanatory footnote clarifies that these shares were acquired through that specific company stock purchase program.

What do the F transaction codes mean in the BayFirst (BAFN) CFO filing?

The F-coded entries for 75 and 89 shares indicate shares withheld by BayFirst to cover tax withholding and remittance obligations tied to restricted stock awards. The filing specifically notes these withholdings do not constitute sales by CFO Scott McKim in the open market.

How are indirect BayFirst (BAFN) holdings reported for the CFO in this Form 4?

The Form 4 shows 79.8819 BayFirst common shares held indirectly by CFO Scott McKim, noted as "By ESOP." This indicates beneficial ownership through an employee stock ownership plan, separate from his 3,306.2837 directly owned common shares after the reported transactions.