CF Bankshares (CFBK) CEO trims 2026 restricted stock grant in Form 4/A
Rhea-AI Filing Summary
CF Bankshares Inc. CEO Timothy T. O'Dell amended his 2026 equity award reporting. On February 23, 2026, he was granted 12,750 shares of restricted common stock under the 2019 Equity Incentive Plan, at no cash cost, which vest over three years.
A prior filing had shown 18,000 restricted shares; O'Dell voluntarily declined 5,250 of those shares for 2024 and 2025 performance, and that portion of the award was cancelled for no value, so he is deemed never to have acquired them. After this adjustment, he beneficially owned 302,871 shares directly as of February 25, 2026, with additional indirect holdings reported for family accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,750 shares
Net Buy
3 txns
Insider
O'Dell Timothy T
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock 12520L 109 | 12,750 | $0.00 | $0.00 |
| holding | Common Stock 12520L 109 | -- | -- | -- |
| holding | Common Stock 12520L 109 | -- | -- | -- |
Holdings After Transaction:
Common Stock 12520L 109 — 302,871 shares (Direct);
Common Stock 12520L 109 — 4,579 shares (Indirect, Colleen O'Dell - Custodian for Sarah F. O'Dell);
Common Stock 12520L 109 — 5,454 shares (Indirect, Colleen O'Dell - Spouse)
Footnotes (2)
- F1. Represents shares of common stock underlying restricted stock awards granted under the CF Bankshares Inc. 2019 Equity Incentive Plan, which are subject to vesting over a three-year period.
- F2. This amendment is being filed to report that in consideration of the total of compensation received for 2024 & 2025 performance, Timothy T. O'Dell voluntarily declined to accept 5,250 of the 18,000 shares of restricted stock granted to him on February 23, 2026 under the CF Bankshares Inc. 2019 Equity Incentive Plan and reported on a Form 4 filed on February 25, 2026. As a result, Mr. O'Dell was deemed never to have acquired the 5,250 shares of restricted stock. The award of restricted stock for the 5,250 shares was cancelled for no value, and Mr. O'Dell received no compensation in connection with the cancellation. After deducting the cancelled shares of restricted stock, the number of shares of common stock beneficially owned directly by Mr. O'Dell on February 25, 2026 was 302,871.
AI-generated analysis. How Rhea-AI works. Not financial advice.