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BancFirst (NASDAQ: BANF) EVP reports ESOP shift, 10K option holding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
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
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)"
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*
COPELAND SCOTT

(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)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/03/2026
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 Stock04/03/2026I89A$014,072IESOP
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
Option (right to buy)$94.8606/17/202606/17/2037Common Stock10,00010,000D
Explanation of Responses:
Remarks:
/s/By POA from Scott Copeland04/03/2026
** 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 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.

How many BancFirst (BANF) shares does Scott Copeland hold through the ESOP after this filing?

After the reported discretionary transaction, Scott Copeland indirectly holds 14,072 shares of BancFirst common stock through an ESOP. This figure reflects his post-transaction balance, giving investors a clear view of his ongoing indirect equity exposure via the employee stock ownership structure.

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.