BV Financial (BVFL) director Galli sells 2,027 company shares
Rhea-AI Filing Summary
BV Financial, Inc. director Joseph S. Galli reported selling a total of 2,027 shares of common stock on May 27, 2026 in three transactions at prices between $19.90 and $19.94, executed through an IRA.
After these trades, the IRA held 28,078 shares. Galli also reported 80,309 shares held directly, 12,100 shares held indirectly via a retirement plan, and stock options for 36,746 shares at an exercise price of $14.25 per share expiring on September 6, 2034; these restricted stock and option awards vest 25% per year starting September 6, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,027 shares
Net Sell
6 txns
Insider
Galli Joseph S
Role
Director
Sold
2,027 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,921 | $19.90 | $38K |
| Sale | Common Stock | 6 | $19.91 | $119.46 |
| Sale | Common Stock | 100 | $19.94 | $2K |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,078 shares (Indirect, By IRA);
Stock Options — 36,746 shares (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
Total shares sold: 2,027 shares
Sale price (1,921-share lot): $19.90 per share
Sale price (6-share lot): $19.91 per share
+5 more
8 metrics
Total shares sold
2,027 shares
Aggregate common shares sold on May 27, 2026 by IRA
Sale price (1,921-share lot)
$19.90 per share
Price for 1,921-share sale of common stock on May 27, 2026
Sale price (6-share lot)
$19.91 per share
Price for 6-share sale of common stock on May 27, 2026
Sale price (100-share lot)
$19.94 per share
Price for 100-share sale of common stock on May 27, 2026
IRA holding after trades
28,078 shares
Indirect common stock holding by IRA after reported sales
Direct common stock holding
80,309 shares
Directly held BV Financial common stock after transactions
Retirement plan holding
12,100 shares
Indirect common stock holding via retirement plan after transactions
Stock option position
36,746 shares at $14.25
Stock options on 36,746 underlying shares, exercise price $14.25, expiring September 6, 2034
Key Terms
Stock Options, restricted stock, IRA, Retirement Plan, +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."
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 for certain common stock holdings."
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 for an indirect common stock holding."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BVFL report for director Joseph S. Galli?
BVFL reported that director Joseph S. Galli sold a total of 2,027 shares of BV Financial common stock on May 27, 2026. The sales occurred in three trades at prices between $19.90 and $19.94, executed through an IRA account.
Do Joseph S. Galli’s BVFL equity awards have a vesting schedule?
Yes. The filing notes that Galli’s restricted stock and stock options vest at a rate of 25% per year, starting on September 6, 2025. This schedule applies to the reported equity awards associated with his BV Financial holdings.