CF Bankshares (CFBK) president has shares withheld for tax

Rhea-AI Filing Summary

CF Bankshares Bank President Bradley J. Ringwald reported a tax-withholding disposition of 987 shares of common stock on March 24, 2026 at $28.22 per share. These shares were delivered to cover an exercise price or tax liability, not sold in the open market. After this transaction, he directly holds 38,272 common shares, so the disposition represents a small portion of his reported holdings.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ringwald Bradley J

Role Bank President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock 12520L 109	987	$28.22	$28K

Holdings After Transaction: Common Stock 12520L 109 — 38,272 shares (Direct)

Footnotes (1)

Key Figures

Tax-withholding shares: 987 shares Price per share: $28.22 per share Shares held after transaction: 38,272 shares

3 metrics

Tax-withholding shares 987 shares Common stock delivered on March 24, 2026

Price per share $28.22 per share Value used for tax-withholding disposition

Shares held after transaction 38,272 shares Direct holdings following reported disposition

Key Terms

tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Form 4

3 terms

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Ringwald Bradley J

(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)
	Bank President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

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)

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	03/24/2026		F		987	D	$28.22	38,272	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:

	Kevin J. Beerman for Bradley J. Ringwald	04/07/2026
	** 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 CFBK’s Bradley J. Ringwald report?

Bradley J. Ringwald reported a tax-withholding disposition of 987 shares of CF Bankshares common stock. The shares were delivered on March 24, 2026 at $28.22 per share to satisfy an exercise price or tax liability, rather than being sold on the open market.

How many CF Bankshares (CFBK) shares does Bradley J. Ringwald hold after this Form 4?

After the reported tax-withholding disposition, Bradley J. Ringwald directly holds 38,272 shares of CF Bankshares common stock. This indicates the 987 shares delivered for tax or exercise obligations are small relative to his remaining direct ownership position disclosed in the filing.

Was the CFBK insider transaction a market sale or tax withholding?

The CF Bankshares transaction was a tax-withholding disposition, not an open-market sale. 987 shares of common stock were delivered at $28.22 per share to pay an exercise price or tax liability, consistent with transaction code F and its description in the filing.

What does transaction code F mean in the CFBK Form 4 filing?

Transaction code F in this CF Bankshares Form 4 denotes payment of an exercise price or tax liability by delivering securities. Here, 987 common shares were used to satisfy that obligation, which is recorded as a tax-withholding disposition rather than a voluntary market trade.

What is the significance of the 987 shares in the CFBK insider report?

The 987 shares represent securities delivered by Bradley J. Ringwald to cover an exercise price or tax liability at $28.22 per share. Because he still directly holds 38,272 shares afterward, this disposition appears relatively small compared with his remaining reported ownership.