LEO ANTHONY N 4/A

What Happened

• Leo Anthony, a director of BayFirst Financial Corp. (BAFN), was granted 101.248 shares on 2024-12-31 as an award/acquisition under the company's ESOP. The grant price is listed at $13.30 per share, for a reported value of approximately $1,347. This was an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: 2024-12-31; filing date (amended): 2026-03-09.
• Award: 101.248 shares at $13.30 per share; reported value ≈ $1,347.
• Shares owned after the transaction: not specified in the filing.
• Footnote: Shares are held in the BayFirst National Bank Employee Stock Ownership Plan (ESOP) and allocated to the reporting person’s account; vesting is based on Years of Vesting Service (generally a year with ≥1,000 hours worked) and will become fully vested upon attainment of normal retirement age (65).
• Filing status: This is an amended Form 4 filed more than a year after the reported transaction date (the filing delay is noted in the record).

Context

• This award is ESOP-based compensation and is subject to vesting rules, so it does not represent an immediate open-market purchase. Such awards are routine for employee/director compensation and don’t necessarily signal a near-term change in the director’s trading intentions.