BV Financial director sells 11,202 shares via IRA

BV Financial, Inc. director Joseph S. Galli reported selling a total of 11,202 shares of Common Stock held indirectly through an IRA on June 11–12, 2026, in transactions reported with code S at prices ranging from $19.80 to $20.23 per share.

Rhea-AI Filing Summary

BV Financial, Inc. director Joseph S. Galli reported selling a total of 11,202 shares of Common Stock held indirectly through an IRA on June 11–12, 2026, in transactions reported with code S at prices ranging from $19.80 to $20.23 per share. Following these sales, the IRA position is 0 shares, while he also holds 80,309 shares directly, 12,100 shares through a Retirement Plan, and stock options for 36,746 shares with a $14.25 exercise price expiring in 2034; related restricted stock and options vest 25% per year beginning September 6, 2025.

Insider Trade Summary

Net Seller: 11,202 shares

Net Sell 11 txns

Insider Galli Joseph S

Role Director

Sold 11,202 shs ($222K)

Type	Security	Shares	Price	Value
Sale	Common Stock	579	$19.80	$11K
Sale	Common Stock	2,014	$19.81	$40K
Sale	Common Stock	100	$19.815	$2K
Sale	Common Stock	30	$19.84	$595.20
Sale	Common Stock	2	$19.855	$39.71
Sale	Common Stock	64	$19.875	$1K
Sale	Common Stock	291	$19.96	$6K
Sale	Common Stock	8,122	$19.84	$161K
holding	Stock Options	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 0 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 (3)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.80 to $20.23, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
2. F2. Includes shares of restricted stock which vest at a rate of 25% per year commencing on September 6, 2025.
3. F3. Stock Options vest at a rate of 25% per year commencing on September 6, 2025.

Key Figures

Shares sold: 11,202 shares Sale price range: $19.80–$20.23 per share Direct share holdings: 80,309 shares +4 more

7 metrics

Shares sold 11,202 shares Total Common Stock sold indirectly via IRA on June 11–12, 2026

Sale price range $19.80–$20.23 per share Weighted average price range for reported sales with code S

Direct share holdings 80,309 shares Common Stock held directly after reported transactions as of June 11, 2026

Retirement Plan holdings 12,100 shares Common Stock held indirectly through a Retirement Plan

IRA holdings 0 shares Common Stock held indirectly via IRA after sales, per canonical holdings

Stock options underlying shares 36,746 shares Common Stock underlying Stock Options exercisable at $14.25, expiring 2034-09-06

Option exercise price $14.25 per share Exercise price of Stock Options vesting 25% annually from September 6, 2025

Key Terms

weighted average price, restricted stock, Stock Options, IRA, +1 more

5 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

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.

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.

IRA financial

"Common Stock held indirectly with nature of ownership described as 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 held indirectly with nature of ownership described as By Retirement Plan"

FAQ

What insider transaction did BVFL director Joseph S. Galli report?

Director Joseph S. Galli reported selling 11,202 BV Financial (BVFL) Common Stock shares held via an IRA on June 11–12, 2026. The trades used code S, with prices ranging from $19.80 to $20.23 per share according to the filing footnote.

At what prices were the BVFL shares sold in Joseph S. Galli’s Form 4?

The reported BVFL share sales were executed at a weighted average price range of $19.80 to $20.23 per share. Individual trades occurred within this band, and the reporting person offers to provide detailed price breakdowns upon request to investors or regulators.

How many BVFL shares does Joseph S. Galli hold after these IRA sales?

After the IRA sales, the IRA holds 0 BVFL shares. Joseph S. Galli holds 80,309 Common Stock shares directly and 12,100 shares indirectly through a Retirement Plan, based on holdings entries dated June 11, 2026, in the same Form 4 filing.

What stock options on BVFL does Joseph S. Galli report in this filing?

Joseph S. Galli reports stock options over 36,746 BVFL Common Stock shares with a $14.25 exercise price expiring on September 6, 2034. A footnote states these stock options vest at 25% per year beginning September 6, 2025, aligning with the vesting schedule.

Does the Form 4 show any BVFL shares held through retirement-related accounts?

Yes, the Form 4 shows BVFL shares held via retirement-related accounts. After the reported sales, an IRA holds 0 shares, while a Retirement Plan holds 12,100 shares. Both positions are reported as indirect ownership interests tied to Joseph S. Galli.

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Accepted by SEC EDGAR 06/15/2026 - 02:50 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Galli Joseph S

(Last) (First) (Middle)

7114 NORTH POINT ROAD

(Street)

BALTIMORE MARYLAND 21219

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BV Financial, Inc. [ BVFL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/11/2026		S		8,122	D	$19.84(1)	3,080	I	By IRA
Common Stock	06/12/2026		S		579	D	$19.8	2,501	I	By IRA
Common Stock	06/12/2026		S		2,014	D	$19.81	487	I	By IRA
Common Stock	06/12/2026		S		100	D	$19.815	387	I	By IRA
Common Stock	06/12/2026		S		30	D	$19.84	357	I	By IRA
Common Stock	06/12/2026		S		2	D	$19.855	355	I	By IRA
Common Stock	06/12/2026		S		64	D	$19.875	291	I	By IRA
Common Stock	06/12/2026		S		291	D	$19.96	0	I	By IRA
Common Stock								80,309(2)	D
Common Stock								12,100	I	By Retirement Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$14.25							09/06/2025	09/06/2034	Common Stock	36,746(3)		36,746(3)	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.80 to $20.23, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

2. Includes shares of restricted stock which vest at a rate of 25% per year commencing on September 6, 2025.

3. Stock Options vest at a rate of 25% per year commencing on September 6, 2025.

	/s/ Zachary Davis, pursuant to power of attorney	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)