O'Dell Timothy T 4

What Happened
Timothy T. O'Dell, CEO and Director of CF Bankshares, surrendered/withheld 5,000 shares to satisfy a tax or exercise payment obligation. The shares were disposed at an indicated price of $29.49 per share, totaling $147,450. This transaction is recorded under code F (payment of exercise price or tax liability), meaning the shares were used to cover taxes or the exercise cost rather than sold on the open market.

Key Details

• Transaction date: 2026-04-11
• Price per share: $29.49; total value: $147,450
• Transaction type/code: F — payment of exercise price or tax liability (shares withheld/ surrendered)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing date: 2026-04-24 (filed 13 days after the transaction) — this appears to be a late Form 4 filing (Form 4s are generally due within 2 business days), which reduces timely transparency

Context
Shares withheld to cover taxes or exercise costs are a common, administrative step following option exercises or restricted stock vesting and do not represent an open-market sale signaling a change in sentiment. For retail investors, outright purchases are typically more informative about insider confidence. Note the late filing here; while the economic substance is routine, delayed disclosure affects how quickly investors receive this information.