Driver John 4

What Happened

• John Driver, a director of Broadway Financial Corp (BYFC), sold 6,500 common shares in an open-market/private sale on May 7, 2026. The shares were sold at $9.36 each for proceeds of approximately $60,847. This was a sale (not a purchase); sales by insiders are often routine and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date and price: May 7, 2026 — 6,500 shares sold at $9.36 per share.
• Total proceeds: about $60,847.
• Filing date: Form 4 was filed May 14, 2026 (filed late vs. the standard 2-business-day reporting requirement).
• Shares owned after transaction: not provided in the transaction summary above — see the full Form 4 for post-transaction holdings.
• Footnotes/plan: no 10b5‑1 plan, tax-withholding, or other special footnotes were indicated in the information provided here; consult the full filing for any additional notes.

Context

• Sales by directors can be for many personal or routine reasons (diversification, taxes, liquidity) and aren’t definitive indicators of company performance. Because this was a sale rather than a purchase, it is generally considered less informative about insider sentiment. The late filing means the report was submitted after the usual two-business-day window; while often administrative, late filings can reduce the timeliness of disclosure for investors.