McKinney Marianne 4

What Happened
Marianne McKinney, Chief Operating Officer of CF BANKSHARES Inc. (CFBK), disposed of 349 shares on January 23, 2026. The shares were transferred at $28.66 each as a tax-withholding/payment related to an equity award or option exercise, resulting in proceeds of approximately $10,002. This was a withholding disposition (routine tax-related), not an open-market sale for investment purposes.

Key Details

• Transaction date: 2026-01-23
• Transaction type/code: Payment of exercise price or tax liability (Code F — tax withholding)
• Shares disposed: 349 at $28.66 per share; total value ≈ $10,002
• Shares owned after transaction: Not specified in the reported filing
• Filing date: 2026-01-27 — filed within SEC timing requirements for Form 4 (timely)
• Notable note: The disposal appears to be a share surrender to cover tax obligations (common for option exercises or vested awards)

Context
Code F transactions represent shares withheld or surrendered to satisfy tax liabilities from equity awards or option exercises. These are generally routine administrative actions and do not necessarily signal the insider's view on the company’s stock. For investors, purchases or open-market sales can be more informative about sentiment than tax-withholding dispositions.