Broadway Financial (BYFC) CFO granted 11,521-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ibrahim Zack reported acquisition or exercise transactions in this Form 4 filing.
Broadway Financial Corporation executive vice president and chief financial officer Zack Ibrahim reported receiving a grant of 11,521 shares of common stock on March 2, 2026. The restricted stock was granted at $7.85 per share and vests over four years, bringing his direct holdings to 51,267 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ibrahim Zack
Role
EVP/Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,521 | $7.85 | $90K |
Holdings After Transaction:
Common Stock — 51,267 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BYFC executive Zack Ibrahim report on Form 4?
Zack Ibrahim reported receiving a grant of 11,521 shares of Broadway Financial common stock. The award is classified as restricted stock, granted on March 2, 2026, and reflects a non-open-market acquisition rather than a traditional share purchase or sale.
At what price was the BYFC restricted stock granted to the CFO?
The restricted stock granted to the CFO was reported at $7.85 per share. This figure represents the grant price for 11,521 shares of Broadway Financial common stock awarded under the company’s long-term incentive plan on March 2, 2026.
What are the vesting terms of the BYFC restricted stock granted to the CFO?
The restricted stock granted to the CFO vests over four years. The award, made under Broadway Financial Corporation’s Amended and Restated 2018 Long-Term Incentive Plan, was granted on March 2, 2026 and will become fully owned as the vesting schedule is completed.
Under which plan was the BYFC restricted stock grant to the CFO made?
The grant was made under the Broadway Financial Corporation Amended and Restated 2018 Long-Term Incentive Plan. This plan, effective April 16, 2023, governs the terms of the restricted stock award reported in the Form 4 for executive vice president and CFO Zack Ibrahim.