BV Financial (BVFL) director logs small IRA share sale, retains options

Rhea-AI Filing Summary

BV Financial, Inc. director Joseph S. Galli reported a small open‑market sale of 169 shares of common stock at $20.00 per share through an IRA. After this transaction, he indirectly holds 31,172 common shares via the IRA and 12,100 common shares through a retirement plan, and directly holds 80,309 common shares.

His direct common stock holdings include restricted shares that vest 25% per year starting on September 6, 2025. Galli also holds stock options covering 34,746 underlying common shares with a $14.25 exercise price, expiring on September 6, 2034, which vest 25% per year beginning on the same date.

Insider Trade Summary

Net Seller: 169 shares ($3,380)

Net Sell 4 txns

Insider Galli Joseph S

Role null

Sold 169 shs ($3K)

Type	Security	Shares	Price	Value
Sale	Common Stock	169	$20.00	$3K
holding	Stock Options	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 31,172 shares (Indirect, By IRA); Stock Options — 34,746 shares (Direct, null); Common Stock — 80,309 shares (Direct, null)

Footnotes (1)

1. Includes shares of restricted stock which vest at a rate of 25% per year commencing on September 6, 2025. Stock Options vest at a rate of 25% per year commencing on September 6, 2025.

Key Figures

Shares sold: 169 shares Sale price: $20.00 per share IRA holdings after sale: 31,172 shares +5 more

8 metrics

Shares sold 169 shares Open-market sale from IRA at $20.00 per share

Sale price $20.00 per share Price for 169 BV Financial common shares

IRA holdings after sale 31,172 shares Common stock held indirectly by IRA after transaction

Direct common stock holdings 80,309 shares Common stock held directly after transaction

Retirement plan holdings 12,100 shares Common stock held indirectly by retirement plan

Stock option underlying shares 34,746 shares Underlying BV Financial common stock for options

Option exercise price $14.25 per share Exercise price for stock options expiring 2034-09-06

Option expiration date September 6, 2034 Expiration for stock options on 34,746 shares

Key Terms

restricted stock, Stock Options, IRA, Retirement Plan

4 terms

restricted stock financial

"Includes shares of restricted stock which vest at a rate of 25% per year"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Stock Options financial

"Stock Options vest at a rate of 25% per year commencing on September 6, 2025."

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

IRA financial

"Common Stock ... 169.0000 ... nature_of_ownership: By IRA"

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

Retirement Plan financial

"Common Stock ... total_shares_following_transaction: 12100.0000 ... By Retirement Plan"

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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^*

Galli Joseph S

(Last) (First) (Middle)

7114 NORTH POINT ROAD

(Street)

BALTIMORE MARYLAND 21219

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BV Financial, Inc. [ BVFL ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

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

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

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

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	05/11/2026		S		169	D	$20	31,172	I	By IRA
Common Stock								80,309(1)	D
Common Stock								12,100	I	By Retirement Plan

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	$14.25							09/06/2025	09/06/2034	Common Stock	34,746(2)		36,746(2)	D

Explanation of Responses:

1. Includes shares of restricted stock which vest at a rate of 25% per year commencing on September 6, 2025.

2. Stock Options vest at a rate of 25% per year commencing on September 6, 2025.

	/s/ Zachary A. Davis, pursuant to power of attorney	05/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did BV Financial (BVFL) director Joseph S. Galli do in this Form 4?

BV Financial director Joseph S. Galli reported selling 169 shares of common stock at $20.00 per share from an IRA. The filing also updates his remaining direct, IRA, and retirement plan holdings, plus his outstanding stock options position.

How many BV Financial (BVFL) shares does Joseph S. Galli hold after the reported sale?

After the sale, Joseph S. Galli holds 80,309 common shares directly, 31,172 common shares indirectly through an IRA, and 12,100 common shares indirectly via a retirement plan. These figures exclude an additional position in stock options on BV Financial common stock.

What stock options on BV Financial (BVFL) does Joseph S. Galli hold?

Joseph S. Galli holds stock options over 34,746 underlying BV Financial common shares with a $14.25 exercise price, expiring September 6, 2034. These options vest 25% per year starting September 6, 2025, according to the Form 4 footnotes.

Are there restricted BV Financial (BVFL) shares in Joseph S. Galli’s holdings?

Yes. The filing states his direct common stock holdings include restricted shares that vest 25% per year beginning September 6, 2025. This vesting schedule gradually converts restricted stock into fully vested BV Financial common shares over four years.

Was the BV Financial (BVFL) Form 4 transaction a buy or a sell?

The Form 4 shows an open‑market sale of 169 BV Financial common shares at $20.00 per share from an IRA. Other entries in the filing are holdings updates, not additional buy or sell transactions.