secwatch.observer — SEC 8-K summary
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Issuer:     Bogota Financial Corp. (BSBK)
CIK:        0001787414
Form:       8-K
Filed at:   2022-10-03T23:59:59+00:00
Accession:  0000943374-22-000428
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bogota Financial receives regulatory approval to repurchase up to 556,631 shares (10% of outstanding)
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- Third stock repurchase program authorized by board; up to 556,631 shares (~10% of outstanding common stock excluding MHC shares).
- Regulatory approval received October 3, 2022; repurchases expected after release of Q3 2022 results.
- Repurchases may be executed via open market, private transactions, or a Rule 10b5-1 trading plan; program has no expiration date.
- Company is not obligated to purchase any specific number; timing depends on market conditions, stock price, and financial performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1787414/000094337422000428/0000943374-22-000428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1787414/000094337422000428/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000943374-22-000428

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