BV Financial (BVFL) director sells 6,000 shares in market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BV Financial, Inc. director Joseph S. Galli reported open-market sales of a total of 6,000 shares of common stock on April 28, 2026. The sales were executed through an IRA account at prices near $20.19 per share.
After these transactions, he indirectly holds 42,693 common shares through the IRA, 12,100 shares through a retirement plan, and directly holds 80,309 shares. He also has stock options covering 36,746 shares at an exercise price of $14.25 per share that vest 25% per year beginning on September 6, 2025 and expire on September 6, 2034.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,000 shares ($120,752)
Net Sell
14 txns
Insider
Galli Joseph S
Role
null
Sold
6,000 shs ($121K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,648 | $20.11 | $93K |
| Sale | Common Stock | 96 | $20.12 | $2K |
| Sale | Common Stock | 126 | $20.13 | $3K |
| Sale | Common Stock | 38 | $20.15 | $765.70 |
| Sale | Common Stock | 5 | $20.155 | $100.78 |
| Sale | Common Stock | 39 | $20.165 | $786.44 |
| Sale | Common Stock | 1 | $20.175 | $20.18 |
| Sale | Common Stock | 1,027 | $20.19 | $21K |
| Sale | Common Stock | 8 | $20.205 | $161.64 |
| Sale | Common Stock | 8 | $20.215 | $161.72 |
| Sale | Common Stock | 4 | $20.235 | $80.94 |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 42,693 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: 6,000 shares
Representative sale price: $20.19 per share
Direct common stock held: 80,309 shares
+5 more
8 metrics
Shares sold
6,000 shares
Open-market sales on April 28, 2026 via IRA
Representative sale price
$20.19 per share
One of the reported open-market sale prices
Direct common stock held
80,309 shares
Post-transaction direct ownership
IRA common stock held
42,693 shares
Post-transaction indirect ownership by IRA
Retirement plan common stock
12,100 shares
Post-transaction indirect ownership by retirement plan
Stock options underlying shares
36,746 shares
Options on common stock expiring September 6, 2034
Stock option exercise price
$14.25 per share
Exercise price for reported stock options
Vesting rate
25% per year
Restricted stock and options starting September 6, 2025
Key Terms
Form 4, open-market sale, Stock Options, restricted stock, +2 more
6 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"transaction_action": "open-market sale""
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.
Stock Options financial
""security_title": "Stock Options""
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"
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
""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
""nature_of_ownership": "By Retirement Plan""
FAQ
What insider transaction did BV Financial (BVFL) report for Joseph S. Galli?
BV Financial reported that director Joseph S. Galli sold 6,000 shares of common stock on April 28, 2026. The transactions were open-market sales executed through an IRA account, with reported prices clustered around $20.19 per share for BVFL stock.
What stock options in BV Financial (BVFL) are reported for Joseph S. Galli?
The filing shows stock options on 36,746 BV Financial common shares with a $14.25 exercise price. These options vest at 25% per year starting on September 6, 2025, and are scheduled to expire on September 6, 2034, indicating a long-dated equity incentive position.
Does the BV Financial (BVFL) Form 4 mention restricted stock for Joseph S. Galli?
Yes. A footnote states that his holdings include restricted stock that vests 25% per year beginning on September 6, 2025. This means part of his reported BV Financial share ownership will continue to vest over several years as service-based equity compensation.
Are Joseph S. Galli’s BV Financial (BVFL) transactions direct or through accounts like an IRA?
The 6,000 shares sold were held indirectly through an IRA, as noted in the ownership description. Separately, Galli reports direct ownership of BV Financial common stock, additional shares via a retirement plan, and stock options, giving a mix of direct and indirect equity exposure.