STOCK TITAN

BancFirst (BANF) CRO Jason Carroll granted 1,000 RSUs, reports ESOP move

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BancFirst Corp Chief Risk Officer Jason A. Carroll reported routine equity compensation and an employee plan transaction. He received a grant of 1,000 Restricted Stock Units tied to BancFirst common stock, increasing his direct RSU holdings to 2,000 units.

The filing also shows an indirect discretionary transaction under Rule 16b-3(f) involving 45 shares of common stock in an ESOP account, bringing that indirect ESOP position to 142 shares following the transaction. The RSU award carries no exercise price, exercisable date, or expiration date, reflecting its nature as stock-based compensation rather than a traditional stock option.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU grant and ESOP activity with neutral investment signal.

The filing shows Jason A. Carroll, Chief Risk Officer of BancFirst Corp, receiving 1,000 Restricted Stock Units, doubling his direct RSU holdings to 2,000. RSUs have no exercise price or expiration, so they function as time- or performance-based share awards.

The separate discretionary ESOP transaction covers 45 common shares held indirectly, for a post-transaction ESOP balance of 142 shares. Combined with the neutral net buy/sell summary and absence of open‑market trades, this looks like standard compensation and benefit-plan activity rather than a directional bet on the stock.

Insider Carroll Jason A
Role Chief Risk Officer
Type Security Shares Price Value
I Common Stock 45 $0.00 --
Grant/Award Restricted Stock Unit 1,000 $0.00 --
Holdings After Transaction: Common Stock — 142 shares (Indirect, ESOP); Restricted Stock Unit — 2,000 shares (Direct)
Footnotes (1)
  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
RSU grant 1,000 units Restricted Stock Units granted to Chief Risk Officer
RSU holdings after grant 2,000 units Total direct RSUs following the transaction
ESOP discretionary shares 45 shares Common stock in ESOP involved in Rule 16b-3(f) transaction
ESOP holdings after transaction 142 shares Indirect ESOP common stock position following the transaction
RSU exercise price $0.0000 per unit No exercise price for this RSU award per footnote
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
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.
ESOP financial
"nature_of_ownership: "ESOP""
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.
Rule 16b-3(f) regulatory
"transaction_code_description: "Discretionary transaction under Rule 16b-3(f)""
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Carroll Jason A

(Last)(First)(Middle)
100 N. BROADWAY AVE

(Street)
OKLAHOMA CITY OKLAHOMA 73102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BANCFIRST CORP /OK/ [ BANF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/29/2024
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/03/2026I45A$0142IESOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit$0(1)03/29/2024A1,000 (2) (3)Common Stock1,000$02,000D
Explanation of Responses:
1. No exercise price for this type of award
2. No exercisable date for this type of award
3. No expiration date for this type of award
Remarks:
/s/By POA from Jason A Carroll04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did BANF Chief Risk Officer Jason A. Carroll report?

Jason A. Carroll reported two items: a grant of 1,000 Restricted Stock Units linked to BancFirst common stock and a discretionary ESOP transaction involving 45 common shares, both recorded as routine compensation and benefit-plan related activity rather than open-market buying or selling.

How many Restricted Stock Units does Jason A. Carroll hold after this BANF Form 4?

After the reported grant of 1,000 Restricted Stock Units, Jason A. Carroll holds 2,000 RSUs directly. Each RSU represents a right to receive one share of BancFirst common stock, subject to vesting conditions, with no exercise price or expiration date attached to this type of award.

What does the ESOP transaction in the BANF Form 4 represent?

The Form 4 shows a discretionary transaction under Rule 16b-3(f) involving 45 shares of BancFirst common stock held in an ESOP account. Following this transaction, the ESOP-related indirect holding stands at 142 shares, reflecting benefit-plan activity rather than a market purchase or sale.

Is Jason A. Carroll’s BANF Form 4 considered a stock purchase or sale?

The Form 4 does not report any open-market purchases or sales. It records a grant of 1,000 Restricted Stock Units as compensation and a discretionary ESOP transaction labeled under Rule 16b-3(f), with no entries marked as buy or sell transactions in the transaction summary fields.

Does the BANF RSU award to Jason A. Carroll have an exercise price or expiration?

The RSU award has no exercise price, exercisable date, or expiration date according to the footnotes. This is typical for Restricted Stock Units, which generally convert into common shares upon vesting rather than requiring the holder to pay an exercise price like a traditional stock option.