BayFirst Financial Corp.: 10% owner Kenneth R Lehman bought 749,535 shares

What happened Kenneth R Lehman, listed as a 10% owner, acquired 749,535 shares of BayFirst Financial Corp. at $3.50 per share on Oct 8, 2026, for a total of $2,623,373, reported on a Form 4 filed Oct 13, 2026. The filing characterizes the transaction as "other acquisition or disposition (J)."

Key details

• Transaction date and price: Oct 8, 2026, at $3.50 per share.
• Total shares acquired and value: 749,535 shares for $2,623,373.
• Shares owned after the transaction: not reported in this Form 4.
• Footnote F1: purchase of shares unsold in BayFirst Financial Corp.'s rights offering, as described in the related Form S-1 Registration Statement (File No. 333-295447).
• Form filed on Oct 13, 2026 (transaction dated Oct 8, 2026); the filing does not indicate a late filing code.

Why it may matter

• The transaction was a purchase tied to a rights offering (not a market trade) per the filing.
• As a 10% owner, Lehman is a large holder rather than an executive, per the filing.
• A filing does not show why the insider traded or why the company acted.