Director at Broadway Financial (BYFC) receives 2,675-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DAVIDSON ROBERT C JR reported acquisition or exercise transactions in this Form 4 filing.
Broadway Financial Corporation director Robert C. Davidson Jr. received an award of 2,675 shares of common stock on March 2, 2026 under the company’s Amended and Restated 2018 Long Term Incentive Plan. The shares were valued at $7.85 per share, bringing his direct holdings to 11,127 shares after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DAVIDSON ROBERT C JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,675 | $7.85 | $21K |
Holdings After Transaction:
Common Stock — 11,127 shares (Direct)
Footnotes (1)
- Represents Award of Unrestricted stock issued on March 02, 2026 pursuant to the Amended and Restated 2018 Long Term Incentive Plan of Broadway Financial Corporation. The amount of securities adjusted for reverse stock split effective October 31, 2023.
FAQ
What insider transaction did BYFC director Robert C. Davidson Jr. report?
Robert C. Davidson Jr. reported receiving 2,675 shares of Broadway Financial common stock as an award. The grant occurred on March 2, 2026 under the Amended and Restated 2018 Long Term Incentive Plan, increasing his direct ownership to 11,127 shares after the transaction.
At what price was the BYFC stock award to Robert C. Davidson Jr. recorded?
The stock award to Robert C. Davidson Jr. was recorded at $7.85 per share. This price reflects the value used for the 2,675-share grant of Broadway Financial common stock made on March 2, 2026 under the company’s long-term incentive plan.
What does transaction code "A" mean in the BYFC Form 4 filing?
Transaction code “A” in the Form 4 indicates a grant, award, or other acquisition of securities. For Broadway Financial, it denotes Davidson’s receipt of 2,675 unrestricted common shares under the Amended and Restated 2018 Long Term Incentive Plan on March 2, 2026.
Which compensation plan governed the BYFC stock award to Robert C. Davidson Jr.?
The stock award was issued under Broadway Financial’s Amended and Restated 2018 Long Term Incentive Plan. On March 2, 2026, Davidson received 2,675 unrestricted common shares pursuant to this plan, as disclosed in the Form 4 and related transaction footnotes.