STOCK TITAN

Director at Broadway Financial (BYFC) receives 2,675-share stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  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.
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*
DAVIDSON ROBERT C JR

(Last) (First) (Middle)
140 S. LAKE AVENUE
SUITE 256

(Street)
PASADENA CA 91106

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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 A 2,675(1) A $7.85 11,127(2) 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. 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.
2. The amount of securities adjusted for reverse stock split effective October 31, 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 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.

How many BYFC shares does Robert C. Davidson Jr. own after this Form 4 transaction?

After the reported award, Robert C. Davidson Jr. directly owns 11,127 shares of Broadway Financial common stock. This total reflects the addition of 2,675 unrestricted shares granted on March 2, 2026 pursuant to the Amended and Restated 2018 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.

How did the reverse stock split affect BYFC share amounts in this Form 4?

The Form 4 notes that the amount of securities was adjusted for a reverse stock split effective October 31, 2023. This means the share figures reported, including the 2,675-share award and 11,127 shares owned after the transaction, reflect post-split adjustments.