BancFirst (NASDAQ: BANF) director gifts 225,000 shares to family foundation
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
BancFirst Corp director and 10% owner David E. Rainbolt reported a bona fide gift of 225,000 shares of BancFirst common stock. The shares are held indirectly through the David and Kim Rainbolt Foundation, for which Rainbolt votes the shares. The transaction involved no sale proceeds and reflects a charitable transfer rather than a market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
225,000 shares gifted
Mixed
1 txn
Insider
RAINBOLT DAVID E
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 225,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 225,000 shares (Indirect, David and Kim Rainbolt Foundation)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did BANF director David Rainbolt report on this Form 4/A?
David E. Rainbolt reported a bona fide gift of 225,000 shares of BancFirst Corp common stock. The transaction used code G, indicating a charitable gift rather than a market sale or purchase, and therefore did not generate any cash proceeds.
Does the Form 4/A indicate any remaining derivative positions for David Rainbolt in BANF?
The filing’s derivative summary is empty, indicating no derivative transactions were reported in this Form 4/A. The only activity disclosed is the non-derivative common stock gift of 225,000 shares by David E. Rainbolt through the foundation structure.