BV Financial director sells 5,298 shares
BV Financial, Inc. director Joseph S. Galli reported open‑market sales of an aggregate 5,298 shares of common stock on June 8–9, 2026, executed through an IRA at prices between $19.70 and $20.025 per share.
Rhea-AI Filing Summary
BV Financial, Inc. director Joseph S. Galli reported open‑market sales of an aggregate 5,298 shares of common stock on June 8–9, 2026, executed through an IRA at prices between $19.70 and $20.025 per share. These are indirect transactions by a retirement account.
After these trades, he continues to hold 80,309 common shares directly and 12,100 shares indirectly through a retirement plan, plus stock options on 36,746 shares with a $14.25 exercise price expiring on September 6, 2034. The options and related restricted stock vest 25% per year starting on September 6, 2025.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 5,298 shares
Net Sell
19 txns
Insider
Galli Joseph S
Role
Director
Sold
5,298 shs ($105K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,834 | $19.70 | $36K |
| Sale | Common Stock | 43 | $19.705 | $847.31 |
| Sale | Common Stock | 10 | $19.715 | $197.15 |
| Sale | Common Stock | 79 | $19.72 | $2K |
| Sale | Common Stock | 438 | $19.73 | $9K |
| Sale | Common Stock | 130 | $19.74 | $3K |
| Sale | Common Stock | 10 | $19.75 | $197.50 |
| Sale | Common Stock | 2 | $19.76 | $39.52 |
| Sale | Common Stock | 266 | $19.765 | $5K |
| Sale | Common Stock | 100 | $19.77 | $2K |
| Sale | Common Stock | 2,194 | $19.80 | $43K |
| Sale | Common Stock | 7 | $19.98 | $139.86 |
| Sale | Common Stock | 179 | $19.90 | $4K |
| Sale | Common Stock | 1 | $19.93 | $19.93 |
| Sale | Common Stock | 4 | $19.985 | $79.94 |
| Sale | Common Stock | 1 | $20.025 | $20.03 |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,202 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: 5,298 shares
Sale price range: $19.70–$20.025 per share
Direct common shares held: 80,309 shares
+3 more
6 metrics
Shares sold
5,298 shares
Aggregate open-market sales on June 8–9, 2026
Sale price range
$19.70–$20.025 per share
Prices for reported open-market sales
Direct common shares held
80,309 shares
Direct ownership after reported transactions
Retirement plan shares
12,100 shares
Indirect ownership by retirement plan
Stock options
36,746 underlying shares at $14.25
Options expiring September 6, 2034
Vesting start date
September 6, 2025
25% annual vesting for restricted stock and options
Key Terms
open-market sale, Stock Options, restricted stock, exercise price, +2 more
6 terms
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.
exercise price financial
""conversion_or_exercise_price": "14.2500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
retirement plan financial
"nature_of_ownership": "By Retirement Plan""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How are Joseph S. Galli’s BVFL holdings split between direct and indirect ownership?
Galli’s Form 4 shows 80,309 BV Financial, Inc. shares held directly and 12,100 shares held indirectly through a retirement plan. The reported 5,298 shares sold were transacted indirectly via an IRA, separate from his direct share ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
