Zipperian Barbara J 4
4 · BayFirst Financial Corp. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
BayFirst (BAFN) Director Barbara Zipperian Withholds 99 Shares for Taxes
What Happened
Barbara Zipperian, a director of BayFirst Financial Corp. (BAFN), had 99 shares withheld on 2026-05-15 to satisfy tax withholding obligations related to restricted stock. The withholding covered 99 shares at $6.49 per share, a total withholding value of $643. This was a tax-withholding/net settlement (code F), not an open-market sale by the insider.
Key Details
- Transaction date: 2026-05-15; Filing date: 2026-05-18 (filed timely).
- Security: Common stock; Amount withheld: 99 shares at $6.49 each; total value $643.
- Transaction code: F — shares withheld to satisfy tax withholding on a net settlement of restricted stock awards (per footnote F1). This does not represent a sale by the reporting person.
- Shares owned after the transaction: Not disclosed in the provided filing excerpt.
Context
Tax-withholding net settlements are routine when restricted stock vests; shares are retained by the issuer to cover taxes and remitted on the insider’s behalf. Such withholdings are administrative and generally do not indicate a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-15$6.49/sh−99$643→ 4,985.1 total
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.