Oliver Robin Leigh 4
4 · BayFirst Financial Corp. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
BayFirst (BAFN) President Robin Leigh Buys 45 Shares
What Happened
- Oliver Robin Leigh (President, COO, Director) made two small equity transactions reported on Form 4. On May 7, 2026, Leigh acquired 45.367 shares at $6.61 each for a total of $300 through the issuer’s Non‑Qualified Stock Purchase Plan (NQSPP). On Feb 19, 2026, Leigh disposed of 0.167 shares at $6.64 for $1; that disposal reflects fractional shares sold as part of the termination/distribution of the BayFirst National Bank ESOP.
Key Details
- Transactions and prices:
- 2026-05-07: Acquired 45.367 shares @ $6.61 — $300 total (footnote: NQSPP purchase).
- 2026-02-19: Disposed 0.167 shares @ $6.64 — $1 total (footnote: fractional ESOP distribution/sale).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 = purchase through the company’s Non‑Qualified Stock Purchase Plan; F2 = ESOP-held shares were distributed and fractional shares were sold on termination.
- Filing timeliness: Form 4 was filed 2026-05-11 covering transactions on Feb 19 and May 7; this is later than the typical two-business-day filing window and therefore appears late.
Context
- The May purchase was through an employee purchase plan (a routine method for insiders to acquire shares) and is small in dollar terms (~$300), so it’s more a routine employee purchase than a material insider bet. The Feb sale was a fractional share disposal related to ESOP distribution and not necessarily a market-driven sale.
Insider Transaction Report
Form 4
Oliver Robin Leigh
DirectorPresident, COO
Transactions
- Other
Common Stock
[F1]2026-05-07$6.61/sh+45.367$300→ 12,091.321 total - Other
Common Stock
[F2]2026-02-19$6.64/sh−0.167$1→ 0 total(indirect: By ESOP)
Footnotes (2)
- [F1]Shares were purchased within the Issuer's Non-Qualified Stock Purchase Plan.
- [F2]Shares held by the BayFirst Natioanl Bank Employee Stock Ownership Plan ("ESOP") and allocated to the Reporting Person's account were distribute to the employee and fractional shares were sold as part of the termination of the ESOP.
Signature
/s/ Barbara Felts, Attorney-in-fact|2026-05-11