Bv Financial SEC Filings

Fidelity Brokerage Services LLC reported multiple sales of BVFL common shares. The filing lists a mix of open-market sales on various dates and a private placement entry. Examples include 21,500 shares on 09/12/2023 (private placement) and 5,205 shares on 05/23/2023. The transactions are listed by date and sale method.

BV Financial, Inc. changed its independent auditor, with the Board’s Audit Committee approving the dismissal of Forvis Mazars, LLP effective after completion of the audit for the year ended December 31, 2025 and filing of the 2025 Form 10-K.

At the same time, the Audit Committee approved engaging Crowe LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2026, subject to Crowe’s standard client acceptance procedures and an engagement letter. The company reports that Forvis Mazars’ audit reports for 2023 and 2024 were clean and that there were no disagreements or reportable events with Forvis Mazars during those years or subsequent interim periods.

BayVanguard Bank Employee Stock Ownership Plan Trust, with Pentegra Trust Company as trustee, reports beneficial ownership of 853,899 shares of BV Financial, Inc. common stock, representing 9.6% of the class.

The trust has sole voting power over 666,330 shares and shared voting power over 187,569 shares. It has sole dispositive power over 842,743 shares and shared dispositive power over 11,156 shares. The filer certifies the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of BV Financial.

BV Financial, Inc., the holding company for BayVanguard Bank, filed a current report to note that it has released its financial results for the quarter ended December 31, 2025. The company issued a press release on January 23, 2026 describing these quarterly results.

The press release is included as Exhibit 99.1 to the report, and the filing indicates that BV Financial’s common stock, par value $0.01 per share, trades on The Nasdaq Stock Market LLC under the symbol BVFL.

BV Financial, Inc. and its subsidiary BayVanguard Bank entered into a Separation, Consulting and Release Agreement with Co-President, Co-Chief Executive Officer and director David M. Flair, under which he resigned all officer and director roles effective January 22, 2026.

His prior employment agreement was terminated, and he will receive a lump-sum payment of $2,142,182 (before taxes), his earned fiscal 2025 bonus, and benefits under a salary continuation plan with a fixed annual benefit of $60,000, while an existing executive split-dollar life insurance arrangement will remain in place.

If he signs and does not revoke the agreement, Flair will serve as a consultant from January 22, 2026 through September 7, 2028, advising the Board on strategy, and will vest in previously granted equity awards: 24,497 restricted shares and 61,244 options on September 6, 2026, and 24,497 restricted shares and 61,243 options on each of September 6, 2027 and 2028, subject to continued service, with partial vesting if the company ends the consulting period.

BV Financial, Inc.'s EVP of Human Resources, Rose Searcy, reported equity transactions dated December 17, 2025. She acquired 5,230 shares of common stock at $5.65 per share in a transaction coded M and disposed of 1,499 shares at $19.71 in a transaction coded F, resulting in 5,231 shares held directly.

She also holds BV Financial common stock indirectly, with 8,575 shares held by an ESOP and 4,362 shares held through a 401(k). Her derivative holdings include 2,424 stock options with a $5.65 exercise price expiring on December 31, 2027, and 15,000 stock options with a $14.86 exercise price expiring on September 17, 2034, with vesting beginning on September 17, 2025.

BV Financial, Inc. Co-President and Co-CEO David M. Flair reported an option exercise and related common stock transactions. On 12/12/2025, he exercised stock options for 21,433 shares of common stock at $5.65 per share and reported a disposition of 6,602 shares at $19.11 on the same date. Following these transactions, he directly owned 185,136 shares of BV Financial common stock, with additional indirect holdings of 10,238 shares through an ESOP, 4,508 shares through a 401(k), and 14,000 shares in an IRA. One stock option grant for 21,433 shares at $5.65 was fully exercised, while another grant for 244,974 options at $14.86 remains outstanding, vesting 25% on September 17, 2025 and 25% per year commencing on September 6, 2026, and expiring on September 17, 2034.

BV Financial, Inc.'s EVP and CFO reported insider stock transactions dated December 12, 2025 involving common shares and stock options.

He exercised 18,371 stock options at $5.65 per share into common stock and disposed of 5,659 common shares at $19.11 per share. Following these transactions, he directly owned 45,926 common shares, with additional indirect holdings of 7,114 shares through an ESOP and 38,666 shares through an IRA. He also held 50,000 stock options with a $14.86 exercise price that vest 25% on September 17, 2025, with the remaining options vesting at a rate of 25% per year commencing on September 6, 2026.

BV Financial, Inc. (BVFL) reported Q3 2025 results. Net income was $3.73M (basic and diluted EPS $0.41), compared with $3.80M a year ago. Net interest income was $9.35M, and a recovery of credit losses of $1.01M supported earnings, partly offset by higher noninterest expenses.

Total assets were $909.39M. Loans reached $746.07M and deposits were $663.79M. FHLB borrowings were reduced to $0 from $15.0M at year-end, while subordinated debentures were $35.0M. Nonaccrual loans totaled $3.51M, down from $4.01M at December 31, 2024.

Stockholders’ equity was $190.21M. The company repurchased shares, with cash outlays of $12.75M in Q3 and $18.02M year‑to‑date, contributing to a decline in shares outstanding to 9,536,094 as of September 30, 2025. As of November 7, 2025, shares outstanding were 8,903,927.