Sundeep Rana - Mar 24, 2025 Form 4 Insider Report for CF BANKSHARES INC. (CFBK)

Role: Director
Signature: /s/ Sundeep Rana
Stock symbol: CFBK
Transactions as of: Mar 24, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/26/2025, 09:14 PM
Previous filing: Nov 13, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CFBK	Common Stock 12520L 109	Award		+2.68K	+42.99%		8.9K	Mar 24, 2025	See footnote	F1, F2
holding	CFBK	Common Stock 12520L 109						459	Mar 24, 2025	Direct

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

Explanation of Responses:

Id	Content
F1	Represents shares of common stock underlying restricted stock awards granted under the Central Federal Corporation 2019 Equity Incentive Plan, which were issued to Castle Creek Advisors IV LLC ("Advisors IV"), on behalf of Sundeep Rana in his capacity as a member of the Board of Directors of the Issuer, and which are subject to vesting over a three-year period.
F2	These securities, which include (a) 1,774 shares of vested Common Stock and (b) 4,449 shares of Common Stock underlying restricted stock awards previously issued to Advisors IV on behalf of Sundeep Rana in his capacity as a member of the Board of Directors of the Issuer, are held directly by Advisors IV. The reporting person disclaims beneficial ownership of all of the securities held by Advisors IV, except to the extent of his respective pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

Represents shares of common stock underlying restricted stock awards granted under the Central Federal Corporation 2019 Equity Incentive Plan, which were issued to Castle Creek Advisors IV LLC ("Advisors IV"), on behalf of Sundeep Rana in his capacity as a member of the Board of Directors of the Issuer, and which are subject to vesting over a three-year period.

These securities, which include (a) 1,774 shares of vested Common Stock and (b) 4,449 shares of Common Stock underlying restricted stock awards previously issued to Advisors IV on behalf of Sundeep Rana in his capacity as a member of the Board of Directors of the Issuer, are held directly by Advisors IV. The reporting person disclaims beneficial ownership of all of the securities held by Advisors IV, except to the extent of his respective pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.