BV Financial, Inc. (BVFL) director logs 3,060-share IRA stock sale
Rhea-AI Filing Summary
BV Financial, Inc. director Joseph S. Galli reported a series of sales totaling 3,060 shares of common stock on June 5, 2026, executed through an IRA in which he has indirect ownership, at per-share prices around $20. After these trades, the IRA holds 21,500 BV Financial shares. Galli also reports 80,309 common shares held directly, 12,100 shares held indirectly through a Retirement Plan, and stock options covering 36,746 shares with a $14.25 exercise price, which vest at a rate of 25% per year beginning September 6, 2025 and expire on September 6, 2034.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,060 shares
Net Sell
15 txns
Insider
Galli Joseph S
Role
Director
Sold
3,060 shs ($61K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 100 | $19.81 | $2K |
| Sale | Common Stock | 420 | $19.815 | $8K |
| Sale | Common Stock | 400 | $19.825 | $8K |
| Sale | Common Stock | 16 | $19.83 | $317.28 |
| Sale | Common Stock | 200 | $19.85 | $4K |
| Sale | Common Stock | 100 | $19.86 | $2K |
| Sale | Common Stock | 100 | $19.87 | $2K |
| Sale | Common Stock | 100 | $19.88 | $2K |
| Sale | Common Stock | 7 | $20.005 | $140.04 |
| Sale | Common Stock | 1,287 | $20.01 | $26K |
| Sale | Common Stock | 111 | $20.03 | $2K |
| Sale | Common Stock | 219 | $20.04 | $4K |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,500 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
Shares sold: 3,060 shares
Lowest sale price: $19.81 per share
Highest sale price: $20.04 per share
+5 more
8 metrics
Shares sold
3,060 shares
Total common shares sold in non-derivative transactions on 2026-06-05 via an IRA
Lowest sale price
$19.81 per share
One of the June 5, 2026 common stock sales was executed at $19.8100
Highest sale price
$20.04 per share
One of the June 5, 2026 common stock sales was executed at $20.0400
IRA holdings after sale
21,500 shares
Indirect common stock holdings "By IRA" after the reported transactions
Direct common holdings
80,309 shares
Common stock held directly by the reporting person as of 2026-06-05
Retirement Plan holdings
12,100 shares
Indirect common stock holdings listed as "By Retirement Plan"
Stock options underlying shares
36,746 shares
Underlying common shares for stock options expiring 2034-09-06
Stock option exercise price
$14.25 per share
Exercise price of stock options vesting 25% per year from 2025-09-06
Key Terms
By IRA, Stock Options, Restricted stock, Retirement Plan, +1 more
5 terms
By IRA financial
"nature_of_ownership "By IRA" indicates shares held through an IRA account"
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.
Retirement Plan financial
"nature_of_ownership "By Retirement Plan" for certain indirect holdings"
Exercise price financial
"Stock options have an exercise price of 14.2500 per share"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BVFL director Joseph S. Galli report?
Joseph S. Galli reported sales of 3,060 BV Financial (BVFL) common shares on June 5, 2026. The trades were executed indirectly through an IRA account and are reported as non-derivative sales of common stock at per-share prices around $20.
What stock options on BVFL does Joseph S. Galli currently hold?
Galli holds stock options over 36,746 BVFL shares with a $14.25 exercise price, expiring on September 6, 2034. According to the disclosure, these options vest at a rate of 25% per year, beginning on September 6, 2025.
Are Joseph S. Galli’s BVFL sales made through direct or indirect holdings?
The 3,060 BVFL shares sold on June 5, 2026 were reported as indirect holdings, with the nature of ownership listed as “By IRA.” Separate disclosed positions show additional direct common stock and indirect Retirement Plan holdings.
Did the Form 4 indicate that Galli’s BVFL trades used a Rule 10b5-1 plan?
The disclosure shows no indication that the reported BVFL trades were executed under a Rule 10b5-1 trading plan. The filing does not state that these transactions were made pursuant to any pre-arranged 10b5-1 plan.