[Form 4] CF Bankshares Inc. Insider Trading Activity

Rhea-AI Filing Summary

Timothy T. O'Dell, CEO and director of CF Bankshares Inc. (CFBK), sold 10,833 shares of common stock on 08/20/2025 at $25.50 per share under a 10b5-1 plan adopted on 03/17/2025. After the sale he directly owns 290,121 shares, and holds additional indirect interests of 5,454 shares (spouse) and 4,579 shares (custodian for Sarah F. O'Dell).

Positive

• Sale executed under a 10b5-1 plan, indicating pre-established trading instructions
• Substantial direct ownership retained after the sale (290,121 shares), showing continued alignment with shareholders
• Full disclosure of indirect holdings (5,454 spouse; 4,579 custodian), improving transparency

Negative

• Reduction of direct holdings by 10,833 shares due to the sale
• Transaction may be perceived as executive liquidity, which some investors view less favorably despite compliance

Insights

Financial Analyst

TL;DR: Routine insider sale under a 10b5-1 plan; significant remaining ownership.

The reported sale of 10,833 shares at $25.50 appears to be an orderly transaction executed under a pre-established 10b5-1 plan, which reduces execution-timing concerns. Post-sale direct ownership of 290,121 shares remains substantial, suggesting ongoing alignment with shareholder interests. This is a routine liquidity event rather than a corporate governance or operational signal.

Corporate Governance Expert

TL;DR: Transaction follows compliance best practices; 10b5-1 adoption provides procedural protection.

Because the sale was made pursuant to a 10b5-1(c) plan adopted on 03/17/2025, it indicates the CEO used an established plan to mitigate insider trading concerns. The filing discloses both direct and indirect holdings, including spousal and custodian positions, improving transparency. The size of the sale relative to total holdings appears modest and consistent with typical executive liquidity management.

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).

X

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 OH 43081

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

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 12520L 109	08/20/2025		S		10,833	D	$25.5	290,121	D
Common Stock 12520L 109								5,454	I	Colleen O'Dell - Spouse
Common Stock 12520L 109								4,579	I	Colleen O'Dell - Custodian for Sarah F. O'Dell

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:

Remarks:

This transaction is part of a 10b5-1(c) plan adopted 3/17/2025.

	Timothy T. O'Dell	08/22/2025
	** 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 did CF Bankshares CEO Timothy T. O'Dell sell on 08/20/2025?

He sold 10,833 shares of CF Bankshares common stock at $25.50 per share.

Was the sale by Timothy T. O'Dell part of a 10b5-1 trading plan?

Yes. The filing states the transaction was executed under a 10b5-1(c) plan adopted on 03/17/2025.

How many CF Bankshares shares does Timothy T. O'Dell own after the sale?

He directly owns 290,121 shares following the reported transaction.

Does the Form 4 disclose indirect ownership for Timothy T. O'Dell?

Yes. The filing lists 5,454 shares held by his spouse and 4,579 held as custodian for Sarah F. O'Dell.

What roles does Timothy T. O'Dell hold at CF Bankshares?

The Form 4 identifies him as both a Director and the company's CEO.