[Form 4] VWF Bancorp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider purchases recorded for VWF Bancorp, Inc. (VWFB). Director Peter Sebastian Quinlan reported two open-market purchases: 500 shares at $11.33 on 09/25/2025 and 100 shares at $11.25 on 09/29/2025. Both purchases are held indirectly through PQ Capital Group, LLC, resulting in beneficial ownership of 45,751 shares after the first purchase and 45,851 shares after the second. The filing states PQ Capital Group, LLC is owned 95% by Mr. Quinlan and 5% by his spouse. The Form 4 is signed by Mr. Quinlan on 09/30/2025. No derivative transactions or additional disclosures are included in this filing.

Positive

• Insider purchases of 600 shares total at apparent market prices ($11.33 and $11.25) suggest director confidence in VWFB.
• Clear disclosure of indirect ownership through PQ Capital Group, LLC and the LLC ownership split (95% reporting person, 5% spouse) improves transparency.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director increased stake via small open-market purchases, signaling modest insider buying at ~$11.25–$11.33 per share.

The reported purchases are modest in size (600 shares total) but represent direct insider cash deployed at prices between $11.25 and $11.33. For investors, insider purchases can indicate confidence in the company's near-term prospects, though the absolute dollar amount is small and unlikely to materially change ownership or valuation. Beneficial ownership is held indirectly through PQ Capital Group, LLC, which Mr. Quinlan controls (95%). No sales, options, or other derivative activity were reported, limiting the filing to straightforward purchases.

Corporate Governance Expert

TL;DR: Disclosure is complete for the reported transactions and shows proper attribution to an affiliated entity.

The Form 4 discloses the reporting person, relationship to the issuer (Director), transaction dates, transaction codes (P for purchase), share counts, prices, and the nature of indirect ownership through PQ Capital Group, LLC. The explanation clarifies the LLC ownership split (95% reporting person, 5% spouse), which appropriately explains indirect beneficial ownership. There are no indications of delayed reporting or noncompliance within the form's content provided.

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
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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).

1. Name and Address of Reporting Person^*

Quinlan Peter Sebastian

(Last) (First) (Middle)

976 SOUTH SHANNON STREET

(Street)

VAN WERT OH 45891

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VWF Bancorp, Inc. [ VWFB ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025

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	09/25/2025		P		500	A	$11.33	45,751	I	By PQ Capital Group LLC(1)
Common Stock	09/29/2025		P		100	A	$11.25	45,851	I	By PQ Capital Group LLC(1)

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. PQ Capital Group, LLC is owned 95% by Peter Quinlan and 5% by his spouse.

	/s/ Peter Sebastian Quinlan	09/30/2025
	** 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 insider transactions did VWFB director Peter Quinlan report?

Mr. Quinlan reported purchases of 500 shares at $11.33 on 09/25/2025 and 100 shares at $11.25 on 09/29/2025, filed on 09/30/2025.

How many VWFB shares does Peter Quinlan beneficially own after these transactions?

The filing shows 45,751 shares after the first reported purchase and 45,851 shares after the second, held indirectly.

Through what entity are Quinlan's VWFB shares held?

Shares are held indirectly via PQ Capital Group, LLC, which the filing states is owned 95% by Peter Quinlan and 5% by his spouse.

Were any derivative transactions reported by the VWFB insider?

No. The filing contains only non-derivative common stock purchases; no derivative securities were reported.

What transaction code was used for the reported purchases on the Form 4?

The purchases are reported with transaction code "P", indicating open-market purchases.