[Form 4] SECURITY FEDERAL CORP Insider Trading Activity

Rhea-AI Filing Summary

Security Federal Corp (SFDL) reported an insider share acquisition. The company’s President purchased 63 shares of common stock at $33.02 on 11/03/2025, as noted with transaction code J and a footnote stating the purchase occurred under the Employee Stock Purchase Plan.

Following this transaction, the officer directly beneficially owns 667 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wahl Philip R.

Role President

Type	Security	Shares	Price	Value
Other	Common Stock, par value $0.01 per share	63	$33.02	$2K

Holdings After Transaction: Common Stock, par value $0.01 per share — 667 shares (Direct)

Footnotes (1)

1. F1. These shares were purchased under the Issuer's Employee Stock Purchase Plan.

FAQ

What did SFDL disclose in this Form 4?

An insider transaction where the President acquired 63 shares of common stock at $33.02 on 11/03/2025.

How many SFDL shares does the insider hold after the transaction?

The officer directly beneficially owns 667 shares after the reported transaction.

What was the price paid per SFDL share?

The reported price was $33.02 per share.

Was the SFDL purchase made under a plan?

Yes. The filing states the shares were purchased under the Employee Stock Purchase Plan.

What is the insider’s role at SFDL?

The reporting person is an Officer, titled President.

What was the transaction code on the Form 4?

The filing lists transaction code J with a footnote indicating an Employee Stock Purchase Plan purchase.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 11/04/2025 - 09:50 AM Learn about SEC filing dates

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^*

Wahl Philip R.

(Last) (First) (Middle)

238 RICHLAND AVENUE NW

(Street)

AIKEN SC 29801

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SECURITY FEDERAL CORP [ SFDL ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025

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, par value $0.01 per share	11/03/2025		J(1)		63	A	$33.02	667	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:

1. These shares were purchased under the Issuer's Employee Stock Purchase Plan.

	/s/Beverly S. Nettles, Attorney-In-Fact for Philip R. Wahl	11/03/2025
	** 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.