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Broadway Financial (BYFC) CFO granted 11,521-share stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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*
Ibrahim Zack

(Last) (First) (Middle)
4703 STONEHEARTH PLACE

(Street)
DALLAS TX 75287

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BROADWAY FINANCIAL CORP \DE\ [ BYFC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP/Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/02/2026 03/02/2026 A 11,521(1) A $7.85 51,267 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Restricted Stock granted March 02, 2026 with a 4 year vesting in accordance with the Broadway Financial Corporation Amended and Restated 2018 Long-Term Incentive Plan effective April 16, 2023.
/s/ Audrey Phillips, Attorney-in-Fact 03/04/2026
** 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.

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.

How many BYFC shares does Zack Ibrahim own after this grant?

After the restricted stock grant, Zack Ibrahim directly holds 51,267 shares of Broadway Financial common stock. This total reflects his ownership following the March 2, 2026 award of 11,521 restricted shares reported in the Form 4 filing.

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.

Is the BYFC CFO’s reported transaction a purchase or an award of shares?

The CFO’s transaction is an award of restricted stock, not an open-market purchase. It is coded as a grant, award, or other acquisition, reflecting equity-based compensation rather than a discretionary buy or sell of Broadway Financial common shares.
Broadway Finl Corp Del

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