BancFirst (NASDAQ: BANF) EVP reports ESOP shift, 10K option holding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BancFirst Corp Executive Vice President Scott Copeland reported a discretionary transaction under Rule 16b-3(f) involving 89 shares of common stock held through an ESOP, bringing his indirect ESOP position to 14,072 shares. He also reports an option to buy 10,000 common shares at 94.86 per share expiring June 17, 2037.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
COPELAND SCOTT
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| I | Common Stock | 89 | $0.00 | -- |
| holding | Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,072 shares (Indirect, ESOP);
Option (right to buy) — 10,000 shares (Direct)
Footnotes (1)
Key Figures
Discretionary ESOP shares: 89 shares
ESOP holdings after transaction: 14,072 shares
Option underlying shares: 10,000 shares
+3 more
6 metrics
Discretionary ESOP shares
89 shares
Discretionary transaction under Rule 16b-3(f)
ESOP holdings after transaction
14,072 shares
Indirect ESOP common stock position following transaction
Option underlying shares
10,000 shares
Option (right to buy) underlying BancFirst common stock
Option exercise price
94.86 per share
Exercise price for option on 10,000 common shares
Option exercisable date
June 17, 2026
Exercise start date for option position
Option expiration date
June 17, 2037
Expiration date of option on 10,000 shares
Key Terms
Rule 16b-3(f), ESOP, Option (right to buy), indirect ownership, +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 the 89-share transaction"
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 underlying common stock"
indirect ownership financial
"ownership_type: "indirect" for ESOP-held common stock"
discretionary transaction regulatory
"transaction_action: "discretionary transaction" under Rule 16b-3(f)"
FAQ
What insider activity did BANF executive Scott Copeland report in this Form 4?
Scott Copeland reported a discretionary transaction under Rule 16b-3(f) involving 89 shares of BancFirst common stock held through an ESOP. The filing also lists a stock option position to acquire 10,000 common shares at a fixed exercise price, with a long-dated expiration.
What stock option position does Scott Copeland report in this BancFirst (BANF) Form 4?
The Form 4 shows Scott Copeland holds an option to buy 10,000 shares of BancFirst common stock at an exercise price of 94.86 per share. The option is exercisable starting June 17, 2026 and expires June 17, 2037, representing a long-term incentive position.
Does this BancFirst (BANF) Form 4 show any open-market buying or selling by Scott Copeland?
The filing does not report any open-market purchases or sales. It records a discretionary ESOP transaction categorized under Rule 16b-3(f) and discloses a standing stock option holding, with no transaction codes indicating direct market buy or sell activity in BancFirst shares.