---
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"
generated_at: "2026-10-12T13:45:44.031470+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# BayFirst signs revised employment pacts with COO Oliver ($350K) and CFO McKim ($325K), through 2029

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001649739-26-000114
- JSON: https://secwatch.observer/filing/0001649739-26-000114.json
- Plain text: https://secwatch.observer/filing/0001649739-26-000114.txt

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