Large BancFirst (BANF) insider share transfers include 225,000-share charitable gift
Rhea-AI Filing Summary
BancFirst Corporation director and 10% owner David E. Rainbolt reported several large, zero‑price stock movements involving related entities and a charitable foundation. On 01/30/2026, 225,000 BancFirst common shares were distributed as partnership shares, and 269,223 shares held in the David E. Rainbolt Trust U/A Amended and Restated December 14, 2017 were transferred, while 38,085 shares held at BF Bank Partners, LP, where Rainbolt is general partner, were recorded as directly owned.
On 02/03/2026, 225,000 shares were gifted to the David & Kim Rainbolt Foundation, and 188 shares were moved from an ESOP account to an IRA. Following these transactions, Rainbolt reported multiple direct and indirect holdings, including 10,000 shares held under the Dana Kim Rainbolt Revocable Trust.
Positive
- None.
Negative
- None.
Insights
Large insider share transfers are mostly internal and charitable, not market sales.
David E. Rainbolt, a director and 10% owner of BancFirst Corporation, reported substantial movements of common stock in late January 2026 and early February 2026. Codes J and G indicate other transactions and a gift, all at $0 per share, so these are non‑cash transfers.
The filing attributes key positions to entities such as the David E. Rainbolt Trust, BF Bank Partners, LP, the David & Kim Rainbolt Foundation, an ESOP, and the Dana Kim Rainbolt Revocable Trust. These details show how ownership is split between personal, partnership, trust, and foundation holdings rather than open‑market buying or selling.
The most notable item is the 225,000-share gift to the David & Kim Rainbolt Foundation on 02/03/2026. Future filings may clarify any further changes in Rainbolt’s economic or voting exposure as additional trust or partnership allocations occur.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 225,000 | $0.00 | -- |
| Other | Common Stock | 188 | $0.00 | -- |
| Other | Common Stock | 188 | $0.00 | -- |
| Other | Common Stock | 225,000 | $0.00 | -- |
| Other | Common Stock | 269,223 | $0.00 | -- |
| Other | Common Stock | 38,085 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Distribution of partnership shares Shares held in David E. Rainbolt Trust U/A Amended and Restated December 14, 2017 Gifting shares to David & Kim Rainbolt Foundation Shares held at BF Bank Partners, LP. David E. Rainbolt is General Partner Shares moved from ESOP to IRA account Held under: Dana Kim Rainbolt Revocable Trust
