Home / Auditor changes / BV Financial, Inc.

3/5BV Financial, Inc. (BVFL): Auditor change

Filed 2026-02-23 路 Form 8-K 路 Accession 0001193125-26-064120 micro

Market data

Price before filing: $19.44 (2026-02-20 close, split/dividend-adjusted)
Market cap at flag: $158.0M (2026-02-23) 路 Latest: $181.9M (2026-10-16)

What happened next

WindowBVFLSPYvs SPY
30 days-1.9%-4.5%+2.6%2026-03-25
90 days+2.2%+9.2%-7.0%2026-05-26
180 days+9.4%+11.3%-2.0%2026-08-24

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 1 insider sold $29K (5 sales)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-02-23: red flag filed
2026-02-26Galli Joseph S
Director
Sale72$19.60$1KnoForm 4
2026-02-26Galli Joseph S
Director
Sale156$19.61$3KnoForm 4
2026-02-26Galli Joseph S
Director
Sale245$19.62$5KnoForm 4
2026-02-26Galli Joseph S
Director
Sale454$19.64$9KnoForm 4
2026-02-26Galli Joseph S
Director
Sale573$19.65$11KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-11-25 to 2026-03-25. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"(the "Company") approved the dismissal of Forvis Mazars, LLP ("Forvis Mazars") as the Company's independent registered public accounting firm effective upon completion by Forvis Mazars of its audit of the Company's consolidated financial statements for the fiscal year ended December 31, 2025 and the filing of the Company's 2025 Annual Report on Form 10-K (the "Effective Date")."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: dismissed
Disagreements reported: no
Former auditor: Forvis Mazars, LLP · New auditor: Crowe LLP

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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