secwatch.observer — SEC 8-K summary
======================================

Issuer:     BROADWAY FINANCIAL CORP \DE\ (BYFC)
CIK:        0001001171
Form:       8-K
Filed at:   2023-09-25T23:59:59+00:00
Accession:  0001140361-23-045118
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Brenda Battey to retire in H1 2024; board selects 1-for-8 reverse stock split
--------------------------------------------------------------------------------

- Brenda Battey, EVP and CFO, informed board on Sept 20, 2023 of plan to retire in first half of 2024.
- Company has initiated a nationwide search for a replacement CFO to ensure smooth transition.
- Board selected a reverse stock split ratio of 1-for-8, as approved by shareholders on June 21, 2023.
- Timing of the reverse split and filing of certificate of amendment to be determined by the Board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001171/000114036123045118/0001140361-23-045118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001171/000114036123045118/ef20011234_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-045118

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer