Director John Driver trims Broadway Financial (BYFC) stake with 6,500-share sale

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Broadway Financial Corp director John Driver sold shares in the company. He completed an open-market sale of 6,500 shares of Common Stock at a price of $9.361 per share. After this transaction, he directly holds 2,711 shares of Broadway Financial common stock.

Insights

Director’s open-market sale is notable in size but appears routine.

Director John Driver sold 6,500 shares of Broadway Financial Corp Common Stock in an open-market transaction at $9.361 per share. Following the sale, he directly holds 2,711 shares.

This is a clear net reduction in his position, but the filing shows no derivatives and provides no indication of special circumstances. Without information on total shares outstanding or trading plans, the broader impact on the company’s outlook remains limited.

Insider Trade Summary

Net Seller: 6,500 shares ($60,847)

Net Sell 1 txn

Insider Driver John

Role null

Sold 6,500 shs ($61K)

Type	Security	Shares	Price	Value
Sale	Common Stock	6,500	$9.361	$61K

Holdings After Transaction: Common Stock — 2,711 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 6,500 shares Sale price per share: $9.361 per share Shares owned after sale: 2,711 shares +2 more

5 metrics

Shares sold 6,500 shares Open-market sale of Common Stock

Sale price per share <money>$9.361</money> per share Price for Common Stock sale

Shares owned after sale 2,711 shares Direct holdings following transaction

Transaction date 2026-05-07 Date of reported open-market sale

Net share change -6,500 shares Net sell direction from transaction summary

Key Terms

open-market sale, Common Stock, Form 4

3 terms

open-market sale financial

"Transaction is classified as an open-market sale of Common Stock."

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.

Common Stock financial

"The reported transaction involves shares of Common Stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"Insider activity is disclosed in a Form 4 filing."

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.

Form 4 Insider Transactions: What Each Field Means →

05/14/2026 - 06:28 PM

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^*

Driver John

(Last)

(First)

(Middle)

13983 ARBOLITOS DRIVE

(Street)

POWAY

CALIFORNIA

92064

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BROADWAY FINANCIAL CORP \DE\ [ BYFC ]

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)
05/07/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/07/2026		S		6,500	D	$9.361	2,711	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	/s/ Audrey Philips Attorney-in-Fact	05/14/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Broadway Financial (BYFC) disclose for John Driver?

Broadway Financial (BYFC) reported that director John Driver executed an open-market sale of Common Stock. He sold 6,500 shares in a single transaction, reducing his direct holdings but remaining a shareholder with thousands of shares still owned.

How many Broadway Financial (BYFC) shares did John Driver sell and at what price?

John Driver sold 6,500 shares of Broadway Financial Common Stock. The transaction was executed at an average price of $9.361 per share, as disclosed in the Form 4 insider trading report filed with regulators.

How many Broadway Financial (BYFC) shares does John Driver hold after the sale?

After the sale, John Driver directly owns 2,711 shares of Broadway Financial Common Stock. This post-transaction holding shows he reduced, but did not eliminate, his personal equity stake in the company according to the Form 4 filing.

Was John Driver’s Broadway Financial (BYFC) trade an open-market sale?

Yes. The Form 4 describes the transaction as an open-market sale of Common Stock. This means the 6,500 shares were sold through normal market trading rather than through a private agreement or option exercise mechanism.

Does the Form 4 show any derivative positions for John Driver in BYFC?

No derivative securities are listed for John Driver in this Form 4. The filing only reports a non-derivative transaction in Common Stock and shows no remaining options or other derivative holdings after the reported sale.