BancFirst director exercises 500 RSUs into stock
Rhea-AI Filing Summary
BANCFIRST CORP (BANF) reported that director Kimberly Kay Ingram exercised a restricted stock unit award into common stock. On 2026-08-30, 500 restricted stock units were converted into 500 shares of common stock at a reported reference price of $110.55 per share.
The restricted stock units have no exercise price, exercisable date, or expiration date and follow a 6-year, 20%-per-year vesting schedule. Following this conversion, Ingram directly holds 2,000 restricted stock units tied to BANF common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares
Net Buy
3 txns
Insider
Ingram Kimberly Kay
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F3, F4 | 500 | $110.55 | $55K |
| Exercise | Common Stock F1 | 500 | $110.55 | $55K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 2,000 shares (Direct);
Common Stock — 625 shares (Direct)
Footnotes (4)
- F1. RSU with 6yr20% vesting schedule
- F2. No exercise price for this type of award
- F3. No exercisable date for this type of award
- F4. No expiration date for this type of award
Key Figures
Restricted stock units converted: 500 units
Common shares received: 500 shares
Reference price per share: $110.55 per share
+2 more
5 metrics
Restricted stock units converted
500 units
RSUs converted into BANF common stock on 2026-08-30
Common shares received
500 shares
Shares of BANF common stock issued upon RSU conversion on 2026-08-30
Reference price per share
$110.55 per share
Price reported for the 500 BANF common shares issued
RSUs held after transaction
2,000 units
Total restricted stock units directly held by Ingram after the RSU transaction
RSU vesting schedule
6 years, 20% per year
Vesting pattern for the reported restricted stock unit award
Key Terms
Restricted Stock Unit, derivative security, vesting schedule
3 terms
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.
derivative security financial
"transaction_action: "derivative exercise/conversion""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting schedule financial
"RSU with 6yr20% vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
FAQ
What transaction did BANF director Kimberly Kay Ingram report on this Form 4?
Kimberly Kay Ingram reported exercising 500 restricted stock units into 500 shares of BANF common stock on 2026-08-30. The transaction reflects the conversion of a derivative security (RSUs) into common shares under an existing equity award.
How many restricted stock units does Kimberly Kay Ingram hold after the reported BANF transaction?
After the reported transaction, Kimberly Kay Ingram directly holds 2,000 restricted stock units linked to BANF common stock. This figure comes from the post-transaction holdings reported for the RSU derivative security.
What is the vesting schedule for Kimberly Kay Ingram’s BANF restricted stock units?
The restricted stock units follow a 6-year, 20%-per-year vesting schedule. This means the award vests in equal 20% increments annually over six years, as disclosed in the footnote to the Form 4.
Do Kimberly Kay Ingram’s BANF restricted stock units have an exercise price or expiration date?
No. Footnotes state there is no exercise price, no exercisable date, and no expiration date for this type of restricted stock unit award. The RSUs convert into common stock upon vesting or settlement under the plan terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
