BancFirst (NASDAQ: BANF) credit chief files Form 4 on ESOP, options and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BancFirst Corp (BANF) Chief Credit Officer John K. Slay Jr. reported a discretionary transaction under Rule 16b-3(f) involving 68 shares of Common Stock held through an ESOP, bringing that indirect ESOP position to 4,659 shares. He also reports indirect ownership of 1,921 Common shares in a SEP-IRA and direct rights to 25,000 options on Common Stock at an exercise price of $75.71 per share expiring in 2037, plus 2,500 restricted stock units tied to Common Stock. The filing shows no open-market buying or selling activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Slay John K JR
Role
Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| I | Common Stock | 68 | $0.00 | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,659 shares (Indirect, ESOP);
Option (right to buy) — 25,000 shares (Direct);
Restricted Stock Unit — 2,500 shares (Direct)
Footnotes (1)
- No exercise price for this type of award No exercisable date for this type of award No expiration date for this type of award
Key Figures
Discretionary ESOP transaction: 68 shares
ESOP holdings after transaction: 4,659 shares
SEP-IRA indirect holdings: 1,921 shares
+3 more
6 metrics
Discretionary ESOP transaction
68 shares
Common Stock under Rule 16b-3(f)
ESOP holdings after transaction
4,659 shares
Indirect Common Stock via ESOP
SEP-IRA indirect holdings
1,921 shares
Indirect Common Stock via SEP-IRA
Stock options held
25,000 options
Common Stock, direct derivative position
Option exercise price
$75.71/share
Options on Common Stock expiring 2037-01-25
Restricted stock units held
2,500 RSUs
Direct derivative tied to Common Stock
Key Terms
Rule 16b-3(f), ESOP, Option (right to buy), Restricted Stock Unit, +1 more
5 terms
Rule 16b-3(f) regulatory
"transaction_code_description: "Discretionary transaction under Rule 16b-3(f)""
ESOP financial
"nature_of_ownership: "ESOP" for indirect Common Stock holdings"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Option (right to buy) financial
"security_title: "Option (right to buy)" with exercise price and expiration"
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" with underlying Common Stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
SEP-IRA financial
"nature_of_ownership: "SEP-IRA" for indirect Common Stock holdings"
FAQ
What insider activity did BANCFIRST CORP (BANF) report for John K. Slay Jr.?
BANCFIRST CORP reported a discretionary transaction under Rule 16b-3(f) involving 68 Common shares held through an ESOP for Chief Credit Officer John K. Slay Jr., with no open-market buy or sell activity disclosed in this filing.
What stock options does John K. Slay Jr. have in BANCFIRST CORP (BANF)?
John K. Slay Jr. holds options on 25,000 BancFirst Common shares with a stated exercise price of $75.71 per share, expiring in 2037. These options are reported as a direct derivative holding and were not exercised in the transactions covered here.
How many restricted stock units does the BancFirst (BANF) officer hold?
The filing shows John K. Slay Jr. directly holds 2,500 restricted stock units linked to BancFirst Common Stock. These RSUs have no exercise price, no specified exercisable date, and no expiration date, consistent with the footnote disclosures in the document.
Does this BancFirst (BANF) Form 4 show any open-market buying or selling?
No, the Form 4 does not show any open-market purchases or sales. It reports a discretionary ESOP transaction for 68 shares and updates on existing holdings, options, and restricted stock units, without recording new buy or sell trades in the market.
What indirect BancFirst (BANF) holdings does John K. Slay Jr. report besides the ESOP?
In addition to the ESOP position, John K. Slay Jr. reports indirect ownership of 1,921 BancFirst Common shares through a SEP-IRA. These shares are categorized as indirect holdings, separate from his derivative awards and ESOP-related interests.