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.

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

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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^*

O'Dell Timothy T

(Last) (First) (Middle)

4960 E. DUBLIN GRANVILLE RD

SUITE #400

(Street)

COLUMBUS OHIO 43081

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CF BANKSHARES INC. [ CFBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/25/2026

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 12520L 109(1)	02/23/2026		A		12,750(2)	A	$0.00	302,871	D
Common Stock 12520L 109								4,579	I	Colleen O'Dell - Custodian for Sarah F. O'Dell
Common Stock 12520L 109								5,454	I	Colleen O'Dell - Spouse

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 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.

2. 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.

	Timothy T. O'Dell	03/25/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CF Bankshares (CFBK) report for CEO Timothy O'Dell?

CF Bankshares reported that CEO Timothy T. O'Dell received 12,750 shares of restricted common stock on February 23, 2026. These shares were granted under the 2019 Equity Incentive Plan and vest over three years, representing equity-based compensation rather than an open-market purchase.

Why was CF Bankshares' Form 4/A filed for Timothy O'Dell in 2026?

The Form 4/A was filed to amend a prior report of an 18,000-share restricted stock grant. O'Dell voluntarily declined 5,250 of those shares, so that portion of the award was cancelled for no value and he is deemed never to have acquired those cancelled shares.

How many CF Bankshares (CFBK) restricted shares did the CEO ultimately keep from the 2026 grant?

After declining 5,250 of the originally reported 18,000 restricted shares, CEO Timothy O'Dell ultimately retained 12,750 restricted shares. These represent his equity award for 2026 performance under the company’s 2019 Equity Incentive Plan, subject to three-year vesting conditions.

What is Timothy O'Dell's direct share ownership in CF Bankshares after the amendment?

After deducting the 5,250 cancelled restricted shares, Timothy O'Dell directly beneficially owned 302,871 shares of CF Bankshares common stock as of February 25, 2026. This figure reflects his personal holdings excluding the separate indirect family-related accounts reported in the same filing.

Does the CF Bankshares CEO have any indirect holdings reported in this Form 4/A?

Yes. The filing reports 4,579 shares held with Colleen O'Dell as custodian for Sarah F. O'Dell and 5,454 shares held by Colleen O'Dell as spouse. These indirect positions are reported separately from Timothy O'Dell’s 302,871 directly owned shares.

Were the cancelled CF Bankshares restricted shares replaced with any other compensation?

No. The filing states that the 5,250 cancelled restricted shares were terminated for no value, and Timothy O'Dell received no compensation in connection with the cancellation. As a result, he is treated as though he never acquired those specific restricted shares.