Broadway Financial EVP Tina Carew Receives Restricted Stock Award

What Happened Tina Carew, EVP, Chief Legal Officer and Corporate Secretary of Broadway Financial Corporation (BYFC), was granted 4,921 restricted shares on July 28, 2026. The grant price is reported at $10.16 per share for a total grant value of $49,997. This was an award (restricted stock grant) as part of executive compensation, not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-07-28 — Award/Grant of restricted stock (Code A).
• Shares and price: 4,921 shares at $10.16 per share; total value $49,997.
• Vesting: Grant vests over 4 years under the Broadway Financial Amended & Restated 2018 Long-Term Incentive Plan (effective April 16, 2023). (See footnote: corrected grant date via amendment.)
• Filing status: This is an amended Form 4 filed to correct the grant date; no late-filing flag is indicated in the provided excerpt.
• Shares owned after transaction: Not specified in the supplied excerpt.

Context Restricted stock awards are compensation/retention tools and typically vest over time, so the shares are not immediately free to sell. Such grants reflect company compensation policy rather than a direct market bet by the insider. The grant size here is modest (~$50k) relative to many executive awards.