Sound Financial Bancorp, Inc. 10-Q

Item 2 Unregistered Sales of Equity Securities and Use of Proceeds (a) Not applicable. (b) Not applicable. (c) The following table sets forth information with respect to our repurchases of our outstanding common shares during the three months ended June 30, 2023: Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximated Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs (1) April 1, 2023 - April 30, 2023 — $ — — $ 2,135,462 May 1, 2023 - May 31, 2023 26,510 $ 37.35 26,510 1,145,407 June 1, 2023 - June 30, 2023 4,967 $ 34.55 4,967 973,781 Total 31,477 $ 36.91 31,477 $ 973,781 (1) Dollar amount excludes commissions paid. On July 25, 2023, the Company announced that its Board of Directors approved an extension of the Company’s existing stock repurchase program, which was set to expire on July 31, 2023, until January 31, 2024. Under the existing stock repurchase program, the Company is authorized to repurchase up to $4.0 million of its outstanding shares of common stock (of which approximately $974 thousand remained available as of June 30, 2023) from time to time in the open market, based on prevailing market prices, or in privately negotiated transactions. The actual timing, number and value of shares repurchased under the stock repurchase program will depend on a number of factors, including constraints specified in any trading plan that may be adopted in accordance with Rule 10b5-1 of the SEC and limitations imposed on repurchases made pursuant to Rule 10b-18 under the Securities Exchange Act of 1934, price, general business and market conditions, and alternative investment opportunities. Item 3 Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.