BayFirst Financial Corp. Reports 2026 Annual Meeting Director Votes

What Happened BayFirst Financial Corp. filed an 8-K on September 24, 2026 reporting the results of its Annual Meeting held on September 22, 2026. Shareholders elected all 12 director nominees to one-year terms expiring at the 2027 Annual Meeting. There were 26,962,815 shares outstanding as of the record date; 23,833,649 shares (88.4%) were present in person or by proxy.

Key Details

• All 12 nominees were elected; "For" votes ranged roughly from about 23.61 million to 23.83 million per nominee.
• There were 3,129,166 abstentions and broker non-votes recorded on each director vote.
• Withheld votes per nominee were low (generally a few thousand up to a high of 221,887 for one nominee).
• A proposal to adjourn the meeting for further solicitation was not necessary; the meeting proceeded to conclusion.

Why It Matters

• Board continuity: Election of all 12 nominees means BayFirst’s existing board slate remains in place for the coming year, which is important for governance and strategic continuity.
• High turnout: 88.4% participation indicates strong shareholder engagement on governance matters.
• For investors: These are governance outcomes (director elections) rather than financial results; they can influence oversight of management and company strategy but do not directly change the company’s financials.