CF Bankshares (CFBK) EVP delivers shares to cover tax obligation

Rhea-AI Filing Summary

CF Bankshares Inc. executive vice president and chief operating officer Marianne McKinney reported a small tax-related share disposition. On the Form 4, 247 shares of common stock were delivered at $29.49 per share to satisfy tax or exercise obligations, leaving her with 14,619 directly owned shares afterward.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McKinney Marianne

Role EVP & Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock 12520L 109	247	$29.49	$7K

Holdings After Transaction: Common Stock 12520L 109 — 14,619 shares (Direct)

Footnotes (1)

Key Figures

Shares used for tax withholding: 247 shares Price per share: $29.49 per share Shares owned after transaction: 14,619 shares +1 more

4 metrics

Shares used for tax withholding 247 shares Common stock delivered in transaction code F

Price per share $29.49 per share Value used for 247-share tax-withholding disposition

Shares owned after transaction 14,619 shares Direct common stock holdings following Form 4 event

Tax-withholding shares count 247 shares transactionSummary.taxWithholdingShares

Key Terms

Form 4, tax-withholding disposition, Common Stock, Payment of exercise price or tax liability by delivering securities

4 terms

Form 4 regulatory

"This CFBK insider transaction is reported on a Form 4 filing."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

tax-withholding disposition financial

"The transaction is categorized as a tax-withholding disposition rather than an open-market sale."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Common Stock financial

"The filing lists the security title as Common Stock 12520L 109."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Payment of exercise price or tax liability by delivering securities financial

"The transaction code description states Payment of exercise price or tax liability by delivering securities."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McKinney Marianne

(Last) (First) (Middle)

4960 E. DUBLIN GRANVILLE RD

SUITE #400

(Street)

COLUMBUS OHIO 43081

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CF BANKSHARES INC. [ CFBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock 12520L 109	04/11/2026		F		247	D	$29.49	14,619	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Kevin J. Beerman for Marianne McKinney	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CFBK executive Marianne McKinney report?

Marianne McKinney reported a tax-related share disposition of 247 CF Bankshares common shares. The shares were delivered to cover tax or exercise obligations, rather than an open-market trade, and are classified as a tax-withholding disposition on the Form 4.

How many CF Bankshares (CFBK) shares did the insider use for tax withholding?

The Form 4 shows 247 CF Bankshares common shares were used for tax withholding. These shares were valued at $29.49 each, reflecting payment of exercise price or tax liability through delivering securities instead of cash to the company.

What is Marianne McKinney’s CF Bankshares shareholding after this Form 4 filing?

After the tax-withholding disposition, Marianne McKinney directly holds 14,619 CF Bankshares common shares. This figure reflects her position following the 247-share delivery for tax or exercise obligations reported in the non-derivative transaction on the Form 4.

Was the CFBK insider transaction an open-market sale or a tax-withholding event?

The CFBK insider transaction is reported as a tax-withholding disposition, not an open-market sale. The Form 4 describes it as payment of exercise price or tax liability by delivering securities, which is a routine mechanism tied to equity compensation.

What does transaction code "F" mean on this CFBK Form 4?

Transaction code “F” on this CFBK Form 4 indicates payment of exercise price or tax liability by delivering securities. In this case, 247 common shares were surrendered to satisfy those obligations, rather than being sold on the open market for cash.