BancFirst (BANF) CEO updates ESOP position and 65K-share option
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BancFirst Corp director and chief executive officer David R. Harlow reported a small discretionary transaction in company stock through an employee stock ownership plan. An indirect ESOP account increased by 80 shares of common stock at a stated price of $0.0000 per share, bringing that indirect ESOP holding to 10,187 shares.
He also reported direct holdings of 7,000 shares of common stock and an outstanding option to buy 65,000 shares of common stock at an exercise price of $51.3000 per share, expiring on February 28, 2035. The option and 7,000-share position are holdings entries rather than new market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Harlow David R
Role
Cheif Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| I | Common Stock | 80 | $0.00 | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,187 shares (Indirect, ESOP);
Option (right to buy) — 65,000 shares (Direct);
Common Stock — 7,000 shares (Direct)
Footnotes (1)
Key Figures
Discretionary ESOP transaction: 80 shares
Indirect ESOP holdings after transaction: 10,187 shares
Direct common stock holdings: 7,000 shares
+3 more
6 metrics
Discretionary ESOP transaction
80 shares
Common stock under Rule 16b-3(f)
Indirect ESOP holdings after transaction
10,187 shares
Common stock held via ESOP
Direct common stock holdings
7,000 shares
Common stock held directly
Option underlying shares
65,000 shares
Option (right to buy) common stock
Option exercise price
$51.3000 per share
Stock option held by CEO
Option expiration date
February 28, 2035
Option (right to buy) common stock
Key Terms
ESOP, Rule 16b-3(f), Option (right to buy)
3 terms
ESOP financial
"nature_of_ownership: "ESOP" for the 80-share indirect 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.
Rule 16b-3(f) regulatory
"transaction_code_description: "Discretionary transaction under Rule 16b-3(f)""
Option (right to buy) financial
"security_title: "Option (right to buy)" with 65,000 underlying shares"
FAQ
What insider transaction did BANF CEO David Harlow report in this Form 4?
David R. Harlow reported a small discretionary ESOP transaction involving 80 shares of BancFirst common stock. The transaction was coded under Rule 16b-3(f), indicating an internal plan-related move rather than an open-market buy or sell of shares.
What direct common stock holdings does the BANF CEO report after this filing?
The filing shows David R. Harlow directly holding 7,000 shares of BancFirst common stock. This figure appears as a holding entry rather than a new transaction, providing context for his overall equity exposure alongside indirect ESOP shares and option awards.
What stock options does David Harlow hold according to this BANF Form 4?
David R. Harlow holds an option to buy 65,000 BancFirst common shares at an exercise price of $51.3000 per share. The option expires on February 28, 2035, representing a significant potential future equity position if exercised before expiration.
Does this BANF Form 4 show any open-market buys or sells by the CEO?
No open-market purchases or sales are indicated in this Form 4. The filing shows one discretionary ESOP transaction and two holding entries, with transactionSummary reporting zero buy or sell shares and a neutral net buy‑sell direction overall.