Form 4 Filing for BayFirst Financial Corp.
2026-09-01SEC Filing 4 (0001886445-26-000003)
This filing details a transaction by Christos Politis, a director at BayFirst Financial Corp. (BAFN). On August 13, 2026, Mr. Politis disposed of 50 shares of Series B Convertible Preferred Stock through a transaction coded 'J'. The transaction involved a price of $1,000 per share. The preferred stock held the right to be converted into common stock, with the conversion ratio determined by the $1,000 liquidation preference and the tangible book value per share of common stock at the time of conversion. Following this transaction, Mr. Politis holds 0 shares of this preferred stock. The filing also notes the conversion price is subject to a footnote providing further detail on the calculation method.