O'Dell Timothy T 4/A

What Happened
Timothy T. O'Dell, CEO and director of CF Bankshares Inc. (CFBK), was the recipient of a restricted stock award reported as an acquisition. On February 23, 2026 he was recorded as acquiring 12,750 shares of common stock at $0.00 per share (total value reported $0). This Form 4 is an amendment: O'Dell originally had an 18,000-share award reported on Feb 25, 2026, but he voluntarily declined 5,250 of those shares, which were cancelled for no value and thus never acquired. The awarded shares are subject to vesting over a three-year period.

Key Details

• Transaction type: Award/Grant (code A) of restricted stock.
• Transaction date (reporting period): February 23, 2026; amended Form 4 filed March 25, 2026.
• Shares granted (net): 12,750 restricted shares acquired at $0.00 per share (originally 18,000; 5,250 voluntarily cancelled).
• Shares beneficially owned after adjustment: 302,871 shares (reported as of Feb 25, 2026).
• Footnotes: F1 — shares vest over three years; F2 — amendment reports voluntary decline/cancellation of 5,250 shares and no compensation was received for the cancellation.
• Filing status: Amended report to correct original Form 4; not a sale or market purchase.

Context
Restricted stock awards are compensation that typically vest over time and do not reflect immediate cash paid by the insider. The cancellation of 5,250 shares was voluntary and cancelled for no value, meaning O'Dell received no payment related to the cancelled portion. Awards are common executive compensation; they are informational but do not necessarily indicate a buying or selling signal the way open-market purchases or sales do.