---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-024835"
form_type: "8-K"
ticker: "CFBK"
cik: "0001070680"
company_name: "CF BANKSHARES INC."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T07:42:30.679111+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# CF Bankshares exchanges 200,000 common shares for 2,000 Series D preferred shares

## Summary
- Issued 2,000 Series D non-voting convertible perpetual preferred stock to an existing stockholder in exchange for 200,000 voting common shares.
- Series D designation of 5,000 authorized shares filed Feb 5 to facilitate stock repurchases, including existing buyback program.
- Series D preferred: no voting rights, convertible on a 100:1 basis to non-voting or voting common (subject to 9.9% ownership cap).
- Dividend rights identical to common shares on as-converted basis; shares are not redeemable.

## SEC filing metadata
- accession: 0001193125-24-024835
- form_type: 8-K
- ticker: CFBK
- cik: 0001070680
- company_name: CF BANKSHARES INC.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070680/000119312524024835/0001193125-24-024835-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070680/000119312524024835/d718453d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-024835
- JSON: https://secwatch.observer/filing/0001193125-24-024835.json
- Plain text: https://secwatch.observer/filing/0001193125-24-024835.txt

## Key facts
- Governance Changes
  CF BANKSHARES INC.: Filed Certificate of Designations to designate 5,000 authorized shares of Series D Preferred Stock, with terms substantially similar to Series C Preferred Stock (effective 2024-02-05).
  - Change: charter amendment
  - Effective: 2024-02-05
  source text: On February 5, 2024, the Company filed with the Delaware Secretary of State a Certificate of Designations (the “Certificate of Designations”) to designate 5,000 authorized shares of Series D Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070680/000119312524024835/0001193125-24-024835-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.