Director at BV Financial (BVFL) sells 1,067 IRA-held shares, keeps large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BV Financial, Inc. director Joseph S. Galli reported an open-market sale of 1,067 shares of common stock held indirectly through an IRA at $19.90 per share. After this sale, his IRA still holds 30,105 shares.
Galli also reports 80,309 direct shares, including restricted stock that vests 25% per year beginning on September 6, 2025, plus 12,100 shares held through a retirement plan. He further holds stock options covering 36,746 underlying shares at a $14.25 exercise price, expiring on September 6, 2034, vesting 25% annually from September 6, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,067 shares ($21,233)
Net Sell
4 txns
Insider
Galli Joseph S
Role
null
Sold
1,067 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,067 | $19.90 | $21K |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,105 shares (Indirect, By IRA);
Stock Options — 36,746 shares (Direct, null);
Common Stock — 80,309 shares (Direct, null)
Footnotes (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: 1,067 shares
Sale price: $19.90 per share
IRA holdings after sale: 30,105 shares
+5 more
8 metrics
Shares sold
1,067 shares
Open-market sale from IRA at $19.90 per share
Sale price
$19.90 per share
Price for 1,067-share sale on May 26, 2026
IRA holdings after sale
30,105 shares
Common stock held indirectly by IRA following transaction
Direct common shares
80,309 shares
Directly held common stock, including restricted shares
Retirement plan shares
12,100 shares
Common stock held indirectly through retirement plan
Stock options underlying shares
36,746 shares
Underlying common stock for options at $14.25 exercise price
Option exercise price
$14.25 per share
Exercise price for stock options expiring September 6, 2034
Option expiration date
September 6, 2034
Stock options vesting 25% annually from September 6, 2025
Key Terms
Stock Options, restricted stock, IRA, Retirement Plan
4 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.
IRA financial
"Common Stock transaction of 1,067 shares at $19.90 per share held indirectly 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 holding reported as 12,100 shares held indirectly By Retirement Plan."
FAQ
What stock options in BV Financial does Joseph S. Galli report holding?
Joseph S. Galli holds stock options linked to 36,746 underlying shares of BV Financial common stock with a $14.25 exercise price. These options begin vesting on September 6, 2025 at 25% per year and expire on September 6, 2034.