Berset Mark S 4
4 · BayFirst Financial Corp. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
BayFirst (BAFN) Director Mark Berset: 99 Shares Withheld for Taxes
What Happened
- Mark S. Berset, a director of BayFirst Financial Corp. (BAFN), had 99 shares withheld on May 15, 2026 at $6.49 per share (total value ~$643) to satisfy tax withholding related to the net settlement of restricted stock awards (RSAs). The Form 4 filed 2026-05-18 reports the withholding and indicates this withholding was performed by the issuer and is not a sale by the reporting person.
Key Details
- Transaction date and price: 2026-05-15, 99 shares at $6.49 each (total ~$643).
- Transaction code: F — tax withholding to satisfy tax liability on RSAs.
- Filing date: Form 4 filed 2026-05-18.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: The shares were withheld by the issuer to satisfy its tax withholding/remittance obligations and do not represent an open-market sale by the insider.
Context
- This was a routine tax-withholding/net-settlement of restricted stock, not an open-market sale or purchase. Such withholdings are common when RSAs vest and generally do not signal the insider’s view on the company’s stock.
Insider Transaction Report
Form 4
Berset Mark S
Director
Transactions
- Tax Payment
Common Stock
[F1]2026-05-15$6.49/sh−99$643→ 214,810.792 total
Holdings
- 16,217.173(indirect: By Trust)
Common Stock
- 6,596.2(indirect: By Trust)
Common Stock
- 48,697.368(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock awards (RSAs) and does not represent a sale by the Reporting Person.
Signature
/s/ Barbara Felts, Attorney-in-fact|2026-05-18