Director sells 1,400 Broadway Financial (BYFC) shares at $9.51–$9.69
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Broadway Financial Corp. director Wayne-Kent A. Bradshaw reported selling a total of 1,400 shares of common stock on May 22, 2026. The sales were executed in multiple open-market transactions at prices between $9.51 and $9.69 per share.
The filing shows only common stock transactions, with no derivative exercises. A footnote states that the reported share amounts reflect a reverse stock split effective October 31, 2023 and include 5,216 shares allocated under the company’s ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,400 shares ($13,403)
Net Sell
7 txns
Insider
Bradshaw Wayne-Kent A.
Role
null
Sold
1,400 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 100 | $9.69 | $969.00 |
| Sale | Common Stock | 200 | $9.56 | $2K |
| Sale | Common Stock | 300 | $9.51 | $3K |
| Sale | Common Stock | 30 | $9.5946 | $287.84 |
| Sale | Common Stock | 568 | $9.58 | $5K |
| Sale | Common Stock | 2 | $9.59 | $19.18 |
| Sale | Common Stock | 200 | $9.6046 | $2K |
Holdings After Transaction:
Common Stock — 43,259 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,400 shares
Lowest sale price: $9.51 per share
Highest sale price: $9.69 per share
+1 more
4 metrics
Shares sold
1,400 shares
Total BYFC common stock sold on May 22, 2026
Lowest sale price
$9.51 per share
Open-market sale of BYFC common stock on May 22, 2026
Highest sale price
$9.69 per share
Open-market sale of BYFC common stock on May 22, 2026
ESOP allocation
5,216 shares
Shares allocated under ESOP included in reported amount
Key Terms
open-market sale, reverse stock split, ESOP, non-derivative
4 terms
open-market sale financial
"transaction_action: "open-market sale" for each Common Stock entry"
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.
reverse stock split financial
"The amount of securities adjusted for reverse stock split effective October 31, 2023."
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
ESOP financial
"Further, the amount includes 5,216 shares allocated under the 'ESOP'."
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
non-derivative financial
"transaction_type: "non-derivative" for each Common Stock transaction"
FAQ
What insider transaction did BYFC director Wayne-Kent A. Bradshaw report?
Wayne-Kent A. Bradshaw reported selling 1,400 BYFC common shares in open-market trades. The sales occurred on May 22, 2026 at prices between $9.51 and $9.69 per share, according to the Form 4 insider filing.
Were any options or derivatives involved in this BYFC insider transaction?
No derivatives or options were reported in this transaction. All entries on the Form 4 relate to non-derivative common stock sales, and the derivative position summary for the reporting person is empty in this filing.
What does the ESOP footnote mean in the BYFC Form 4 filing?
The footnote explains that reported share amounts were adjusted for a reverse stock split effective October 31, 2023. It also notes that the reported amount includes 5,216 shares allocated under Broadway Financial’s Employee Stock Ownership Plan (ESOP).