BancFirst (BANF) EVP reports ESOP adjustment and details option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BancFirst Corp Executive Vice President Dara Wanzer reported a discretionary transaction involving 42 shares of common stock through an ESOP, recorded at a price of $0.00 per share under Rule 16b-3(f). Following this move, indirect ESOP holdings stand at 870 common shares.
Wanzer also reports outstanding stock options giving the right to buy 5,000 shares of common stock at $47.22 per share expiring on June 23, 2032, and 10,000 shares at $57.28 per share expiring on July 16, 2036. These entries reflect current equity-based compensation positions rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wanzer Dara
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| I | Common Stock | 42 | $0.00 | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 870 shares (Indirect, ESOP);
Option (right to buy) — 5,000 shares (Direct)
Footnotes (1)
Key Figures
Discretionary ESOP transaction: 42 shares
ESOP holdings after transaction: 870 shares
Option grant 1: 5,000 shares at $47.22
+1 more
4 metrics
Discretionary ESOP transaction
42 shares
Common Stock, Rule 16b-3(f) discretionary transaction
ESOP holdings after transaction
870 shares
Indirect ownership through ESOP following the 42-share move
Option grant 1
5,000 shares at $47.22
Option (right to buy) expiring June 23, 2032
Option grant 2
10,000 shares at $57.28
Option (right to buy) expiring July 16, 2036
Key Terms
Discretionary transaction, Rule 16b-3(f), ESOP, Option (right to buy), +1 more
5 terms
Discretionary transaction financial
"transaction_action: "discretionary transaction""
Rule 16b-3(f) regulatory
"transaction_code_description: "Discretionary transaction under Rule 16b-3(f)""
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.
Option (right to buy) financial
"security_title: "Option (right to buy)""
indirect ownership financial
"ownership_type: "indirect""
FAQ
What insider transaction did BANCFIRST CORP (BANF) EVP Dara Wanzer report?
Dara Wanzer reported a discretionary ESOP transaction for 42 common shares. The shares were recorded at $0.00 per share under Rule 16b-3(f), indicating an internal plan-related movement rather than an open-market purchase or sale.
What stock options does BANCFIRST CORP (BANF) EVP Dara Wanzer currently report?
Wanzer reports options to buy 5,000 shares at $47.22 and 10,000 shares at $57.28. These options on BancFirst common stock expire on June 23, 2032, and July 16, 2036, respectively, and represent ongoing equity compensation positions.
Was the Dara Wanzer BancFirst (BANF) insider transaction a buy or sell?
The filing classifies the 42-share ESOP movement as a discretionary transaction under Rule 16b-3(f). It is not coded as an open-market buy or sell, indicating an internal plan-related adjustment instead of a market trade.
Does Dara Wanzer’s BancFirst (BANF) Form 4 show any option exercises?
No option exercises are indicated in this Form 4. The filing lists stock options as existing holdings, detailing exercise prices and expirations, but transaction data show only a discretionary ESOP movement in common stock, not an exercise event.