Oliver Robin Leigh 4/A

What Happened
Oliver Robin Leigh, President, Chief Operating Officer and a director of BayFirst Financial Corp. (BAFN), was granted 101.252 shares on 2024-12-31 at a reported price of $13.30 per share, a grant value of roughly $1,347. This was an award/allocation into the company’s ESOP (an acquisition-type transaction), not an open-market purchase or sale.

Key Details

• Transaction date: 2024-12-31; Price reported: $13.30/share; Shares acquired: 101.252; Total value ≈ $1,347.
• Filing: Amended Form 4 filed 2026-03-09 (the amendment/report was filed well after the transaction date).
• Shares after transaction: Not specified in the provided filing excerpt.
• Footnote: Shares are held by the BayFirst National Bank Employee Stock Ownership Plan (ESOP) and allocated to Leigh’s account. Vesting is based on “Year of Vesting Service” (generally ≥1,000 hours worked in a year); shares become fully vested at Normal Retirement Age (65).
• Transaction type code: A = Award/Grant (an allocation into an ESOP).

Context
ESOP allocations are a form of employee compensation and vest under plan rules; they are not the same as an insider buying shares in the open market and don’t necessarily signal personal bullish trading activity. Because this is an amended Form 4 filed long after the December 2024 grant, investors should note the reporting delay when considering timeliness.