Harris Alexander Octavius 4

What Happened

• Harris Alexander Octavius, a director of BayFirst Financial Corp. (BAFN), had 99 shares withheld on May 15, 2026 to satisfy tax withholding related to the net settlement of restricted stock awards. The withholding was at $6.49 per share, totaling approximately $643. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date and price: 2026-05-15 at $6.49 per share
• Shares withheld/disposed: 99 shares; aggregate value ≈ $643
• Shares owned after transaction: not specified in the provided filing summary
• Footnote: F1 — shares were withheld by the issuer to satisfy its tax withholding/remittance obligations for net-settled RSAs and do not represent a sale by the reporting person
• Filing: Form 4 filed May 18, 2026 (reports the May 15 transaction); filing appears to have been made promptly

Context

• This was a tax-withholding action tied to restricted stock awards (net settlement), a routine administrative step that reduces the number of shares delivered to the insider rather than indicating an open-market sale. Such withholdings are common and generally should not be interpreted as a directional signal about the insider’s view of the company.