Joseph Stilwell - Jul 24, 2023 Form 4 Insider Report for Sound Financial Bancorp, Inc. (SFBC)

Role: 10%+ Owner
Signature: /s/ Joseph Stilwell
Stock symbol: SFBC
Transactions as of: Jul 24, 2023
Transactions value $: $141,192
Form type: 4
Date filed: 7/26/2023, 03:09 PM
Previous filing: Jul 24, 2023
Next filing: Jul 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SFBC	Common Stock	Purchase	$69.6K	+1.93K	+1.14%	$36.00	171K	Jul 24, 2023	See footnote	F3
transaction	SFBC	Common Stock	Purchase	$71.6K	+1.99K	+1.16%	$36.00	173K	Jul 25, 2023	See footnote	F3
holding	SFBC	Common Stock						27.9K	Jul 24, 2023	See footnote	F1
holding	SFBC	Common Stock						36K	Jul 24, 2023	See footnote	F2
holding	SFBC	Common Stock						128K	Jul 24, 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.