{"schema_version":"secwatch.filing_event.v1","accession":"0001649739-26-000114","form_type":"8-K","ticker":"BAFN","cik":"0001649739","company_name":"BayFirst Financial Corp.","filed_at":"2026-09-29T16:17:50+00:00","discovered_at":"2026-09-29T16:19:00.300011+00:00","generated_at":"2026-10-12T13:45:44.031470+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"BayFirst signs revised employment pacts with COO Oliver ($350K) and CFO McKim ($325K), through 2029","bullets":["COO Robin L. Oliver's amended agreement sets a minimum base salary of $350,000, a $52,500 cash bonus payable by Jan 31, 2027, and a $50,000 retention bonus by Dec 31, 2026.","Oliver is to receive 71,429 shares: 17,857 vesting by Jan 31, 2027, then 26,786 by Jan 31, 2028 and 26,786 by Jan 31, 2029; unvested shares vest automatically on a Change in Control.","CFO Scott J. McKim's amended agreement sets a minimum base salary of $325,000 with the same term, bonus, equity and benefits structure.","Both agreements run to a 2029 term with automatic one-year renewals, and each provides 200% of base salary plus two-year average bonus on a qualifying change-in-control termination.","Both executives are subject to two-year post-termination customer and employee non-solicitation; Oliver's annual cash incentive opportunity is up to 45% of base salary."],"urls":{"canonical":"https://secwatch.observer/filing/0001649739-26-000114","json":"https://secwatch.observer/filing/0001649739-26-000114.json","markdown":"https://secwatch.observer/filing/0001649739-26-000114.md","text":"https://secwatch.observer/filing/0001649739-26-000114.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649739/000164973926000114/0001649739-26-000114-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649739/000164973926000114/bafn-20260924.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:45:44.031470+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}