Driver John 4

What Happened

• John Driver, a director of Broadway Financial Corp (BYFC), was issued an award of 2,675 unrestricted shares on March 2, 2026. The filing lists an acquisition price of $7.85 per share for a total reported value of $20,999. This transaction is reported on Form 4 as an award/grant (code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-02; Filing date: 2026-03-06 (appears to be filed late — filed four days after the transaction).
• Shares granted: 2,675; Price/value: $7.85 per share, total $20,999.
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 — Unrestricted stock issued pursuant to the Amended & Restated 2018 Long Term Incentive Plan; F2 — amounts adjusted for a reverse stock split effective Oct 31, 2023.
• Transaction code: A (award/grant).

Context

• This was a compensation award under the company's LTIP (unrestricted shares per the filing), which is common for directors and does not necessarily reflect a market view or open‑market buying. Because the stock is described as "unrestricted," the shares generally are not subject to vesting restrictions per the footnote, though company policies or blackout periods may still apply. The filing timing suggests the Form 4 was submitted after the usual two‑business‑day reporting window.