[Form 3] Bogota Financial Corp. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Bogota Financial Corp. (BSBK) Form 3 reports that Peter T. Donnelly is a director of the issuer and filed an initial statement covering an event dated 03/26/2025. The filing discloses 0 shares of Common Stock beneficially owned (directly). The form was signed on behalf of the reporting person by Scott Brown pursuant to a power of attorney, dated 09/23/2025.

Positive

• Director relationship disclosed for Peter T. Donnelly, meeting Section 16 initial filing requirements
• Issuer and event date provided (Bogota Financial Corp., event dated 03/26/2025), enabling investor traceability

Negative

• No direct common stock ownership reported (0 shares), which may be relevant to shareholders evaluating insider alignment
• Minimal detail: no indirect holdings, derivatives, compensation, or explanatory notes are included

Insights

Corporate Governance Expert

TL;DR: Initial director filing shows appointment/relationship but no disclosed equity ownership, a neutral governance signal.

The Form 3 formally notifies investors that Peter T. Donnelly is a director of Bogota Financial Corp. and that, as of the reported event date, he holds zero shares of the issuer's common stock directly. This is a routine Section 16 disclosure required upon becoming an officer or director. The document is factual and sparse; it does not include any compensation, option grants, or indirect ownership details.

Securities Compliance Analyst

TL;DR: Compliance filing appears complete for basic Form 3 requirements but contains minimal ownership detail.

The filing contains the required identifiers: reporting person name and address, issuer and ticker, relationship to issuer (checked as Director), event date (03/26/2025), and a signature executed via power of attorney. It reports 0 shares of common stock owned directly. No derivative positions, indirect ownership, or amendments are reported. From a compliance perspective, the form meets the narrow disclosure purpose but provides limited investor information.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
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1. Name and Address of Reporting Person^*

Donnelly Peter T

(Last) (First) (Middle)

819 TEANECK ROAD

(Street)

TEANECK NJ 07666

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/26/2025

3. Issuer Name and Ticker or Trading Symbol
Bogota Financial Corp. [ BSBK ]

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

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

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Scott Brown, pursuant to power of attorney	09/23/2025
	** 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 5 (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 does the Form 3 for Bogota Financial Corp. (BSBK) report about Peter T. Donnelly?

The filing states that Peter T. Donnelly is a director and reports 0 shares of Common Stock beneficially owned as of the event dated 03/26/2025.

When is the event date listed on the Form 3 for BSBK?

The Form 3 lists the event date as 03/26/2025.

Does the Form 3 disclose any derivative securities or indirect ownership for Peter T. Donnelly?

No. The filing shows no derivative securities or indirect beneficial ownership entries; only Common Stock with 0 shares is reported.

Who signed the Form 3 and what authority is cited?

The form is signed on behalf of the reporting person by Scott Brown pursuant to a power of attorney, dated 09/23/2025.

Is this Form 3 an amendment or a joint filing?

The filing indicates it is an initial Form 3 filed by one reporting person; no amendment date is provided.