BV Financial director sells 5,000 shares in IRA

BV Financial, Inc. director Joseph S. Galli reported open-market sales of a total of 5,000 shares of common stock on May 8, 2026, executed through an IRA at prices of $20.03 and $20.00 per share.

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Rhea-AI Filing Summary

BV Financial, Inc. director Joseph S. Galli reported open-market sales of a total of 5,000 shares of common stock on May 8, 2026, executed through an IRA at prices of $20.03 and $20.00 per share. After these transactions, the IRA holds 31,341 shares, a retirement plan holds 12,100 shares, and he directly holds 80,309 shares of common stock. He also holds stock options tied to 36,746 underlying shares at an exercise price of $14.25 per share, expiring on September 6, 2034. Footnotes state that restricted stock and these options vest at a rate of 25% per year commencing on September 6, 2025.

Insider Trade Summary

Net Seller: 5,000 shares

Net Sell 5 txns

Insider Galli Joseph S

Role Director

Sold 5,000 shs ($100K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,999	$20.00	$100K
Sale	Common Stock	1	$20.03	$20.03
holding	Stock Options	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 31,341 shares (Indirect, By IRA); Stock Options — 36,746 contracts (Direct); Common Stock — 80,309 shares (Direct); Common Stock — 12,100 shares (Indirect, By Retirement Plan)

Footnotes (2)

F1. Includes shares of restricted stock which vest at a rate of 25% per year commencing on September 6, 2025.
F2. Stock Options vest at a rate of 25% per year commencing on September 6, 2025.

Key Figures

Shares sold: 5,000 shares Sale prices: $20.03 and $20.00 per share IRA holdings after sale: 31,341 shares +5 more

8 metrics

Shares sold 5,000 shares Common Stock sold on May 8, 2026 via IRA

Sale prices $20.03 and $20.00 per share Open-market sales of Common Stock on May 8, 2026

IRA holdings after sale 31,341 shares Common Stock held indirectly by IRA after transactions

Direct common stock holdings 80,309 shares Common Stock held directly after reported date

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

Stock option position 36,746 underlying shares Stock Options on Common Stock held directly

Option exercise price $14.25 per share Exercise price for Stock Options expiring September 6, 2034

Vesting start date September 6, 2025 Start of 25%-per-year vesting for restricted stock and options

Key Terms

Stock Options, restricted stock, open-market sale, IRA, +1 more

5 terms

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.

restricted stock financial

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

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.

open-market sale financial

"Transaction code S is described as a sale in open market or private transaction."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

IRA financial

"Common Stock transaction marked as indirect ownership with nature of ownership described as 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 holdings reported as indirect ownership with nature of ownership By Retirement Plan."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BV Financial (BVFL) report for Joseph S. Galli?

BV Financial director Joseph S. Galli reported selling 5,000 shares of common stock on May 8, 2026 through an IRA. The sales occurred at prices of $20.03 and $20.00 per share in open-market transactions.

How many BV Financial (BVFL) shares does Joseph S. Galli hold after the reported Form 4?

After the transactions, Joseph S. Galli’s IRA holds 31,341 BV Financial shares, a retirement plan holds 12,100 shares, and he directly owns 80,309 shares. These holdings are in addition to stock options covering 36,746 underlying shares.

At what prices were the BV Financial (BVFL) shares sold in this Form 4?

The reported BV Financial sales were 1 share at $20.03 and 4,999 shares at $20.00 on May 8, 2026. Both are characterized as open-market or private transaction sales executed through an IRA account.

What stock options in BV Financial (BVFL) does Joseph S. Galli report holding?

He reports stock options linked to 36,746 underlying BV Financial common shares at a $14.25 exercise price. These options expire on September 6, 2034 and, according to footnotes, vest 25% per year starting September 6, 2025.

How do restricted stock awards for BV Financial (BVFL) vest for Joseph S. Galli?

Footnotes state that Galli’s restricted BV Financial stock vests at 25% per year beginning September 6, 2025. This creates a four-year vesting schedule, gradually converting restricted shares into fully vested common stock over time.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/11/2026 - 04:15 PM

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)
05/08/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/08/2026		S		4,999	D	$20	31,342	I	By IRA
Common Stock	05/08/2026		S		1	D	$20.03	31,341	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options	$14.25							09/06/2025	09/06/2034	Common Stock	36,746⁽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/ Scott A. Brown, pursuant to power of attorney	05/11/2026
	** 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)

Source: View Original Filing on SEC EDGAR