BancFirst director updates trust-held share reporting
Rhea-AI Filing Summary
BancFirst Corp director updates indirect trust holdings in a Form 4 related to several trusts and a spousal account. The filing shows that 85,006 shares of common stock previously reported under the T H McCasland III Family Trust #2 are no longer reported, and the footnote states he has no pecuniary or beneficial interest in those shares.
Indirect holdings remain reported through other entities, including 93,724 shares held by the McCasland III Irrevocable Trust #2, 4,402 shares held by a revocable trust dated 10-30-96, and 6,844 shares held by his spouse, Monica McCasland.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
McCasland Thomas Howard III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 85,006 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, T H McCasland III Family Trust #2);
Common Stock — 93,724 shares (Indirect, McCasland III Irrevocable Trust #2);
Common Stock — 4,402 shares (Indirect, Revocable Trust Dtd. 10-30-96);
Common Stock — 6,844 shares (Indirect, by Spouse Monica McCasland)
Footnotes (1)
- F1. Thomas H. McCasland III was reporting these shares because he was paying the taxes on the T.H. McCasland III Family Trust #2 of which he was the settlor and was disclosing these shares for protective purposes only. He has ceased paying the taxes on this trust and has no pecuniary interest in the shares owned by this trust. He disclaims any beneficial interest in the shares owned by this trust.
FAQ
What does the latest Form 4 for BANF director Thomas H. McCasland III show?
The Form 4 shows an update to indirect holdings of BancFirst Corp common stock through several trusts and a spousal account. It reclassifies 85,006 shares previously reported under one family trust and confirms remaining indirect holdings in other trusts and by his spouse.
What BANF holdings are reported as owned by Thomas McCasland’s spouse?
The filing lists 6,844 BancFirst Corp common shares as held indirectly by his spouse, Monica McCasland. These are shown as a separate indirect ownership line, distinguishing spousal holdings from those in the various trusts and helping clarify how the overall indirect ownership is structured.
AI-generated analysis. How Rhea-AI works. Not financial advice.