Joseph Stilwell - 14 Jun 2023 Form 4 Insider Report for Sound Financial Bancorp, Inc. (SFBC)

Role: 10%+ Owner
Signature: /s/ Joseph Stilwell
Issuer symbol: SFBC
Transactions as of: 14 Jun 2023
Net transactions value: +$266,250
Form type: 4
Filing time: 16 Jun 2023, 17:06:08 UTC
Previous filing: 08 Jun 2023
Next filing: 21 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SFBC	Common Stock	Purchase	$90,000	+2,500	+1.7%	$36.00	153,669	14 Jun 2023	See footnote	F3
transaction	SFBC	Common Stock	Purchase	$176,250	+5,000	+3.3%	$35.25	158,669	15 Jun 2023	See footnote	F3
holding	SFBC	Common Stock						25,439	14 Jun 2023	See footnote	F1
holding	SFBC	Common Stock						36,030	14 Jun 2023	See footnote	F2
holding	SFBC	Common Stock						128,000	14 Jun 2023	See footnote	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are owned directly by Stilwell Activist Fund, L.P. ("SAF") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Stilwell Value LLC ("Value"), which is the general partner of SAF. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.
F2	These shares are owned directly by Stilwell Value Partners VII, L.P. ("SVP VII") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SVP VII. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.
F3	These shares are owned directly by Stilwell Activist Investments, L.P. ("SAI") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SAI. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.
F4	These shares are owned directly by Stilwell Partners, L.P. ("SP") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SP. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.

Remarks:

The reporting persons are jointly filing this statement as members of a Section 13(d) group that beneficially owns more than 10% of the issuer's common stock.