STOCK TITAN

BancFirst (BANF) EVP updates ESOP stake and holds 65K stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BancFirst Corp Executive Vice President Darryl Schmidt reported a discretionary transaction under Rule 16b-3(f) involving 76 shares of Common Stock in an ESOP account, with no stated price. Following this, the ESOP holding stands at 8,221 shares held indirectly.

Schmidt also reports 42,964.08 shares of Common Stock held directly, 5,143 shares held indirectly through an IRA, and 487 shares held indirectly by his daughter. In addition, he holds an option to buy 65,000 shares of Common Stock at $51.30 per share, expiring on February 28, 2035.

Positive

  • None.

Negative

  • None.
Insider SCHMIDT DARRYL
Role Executive Vice President
Type Security Shares Price Value
I Common Stock 76 $0.00 --
holding Option (right to buy) -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 8,221 shares (Indirect, ESOP); Option (right to buy) — 65,000 shares (Direct); Common Stock — 42,964.08 shares (Direct)
Footnotes (1)
  1. [object Object]
ESOP discretionary transaction 76 shares Common Stock in ESOP under Rule 16b-3(f)
ESOP holdings after transaction 8,221 shares Indirect Common Stock ownership via ESOP
Direct common stock holdings 42,964.08 shares Common Stock held directly by Schmidt
IRA indirect holdings 5,143 shares Common Stock held indirectly via IRA
Daughter’s indirect holdings 487 shares Common Stock held indirectly by daughter
Option underlying shares 65,000 shares Common Stock underlying option (right to buy)
Option exercise price $51.30 per share Exercise price for option expiring February 28, 2035
Rule 16b-3(f) regulatory
"transaction described as a discretionary transaction under Rule 16b-3(f)"
ESOP financial
"Common Stock held indirectly with nature of ownership listed as 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.
IRA financial
"Common Stock held indirectly with nature of ownership listed as IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Option (right to buy) financial
"security title shown as Option (right to buy) with underlying Common Stock"
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*
SCHMIDT DARRYL

(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)
XDirector10% 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 Stock04/03/2026I76A$08,221IESOP
Common Stock5,143IIRA
Common Stock42,964.08D(1)
Common Stock487Iby Daughter
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)$51.302/28/202402/28/2035Common Stock65,00065,000D
Explanation of Responses:
1. Shares held at Darryl's DSMTM Trust account
Remarks:
/s/By POA from Darryl Schmidt04/03/2026
** 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 did BancFirst (BANF) executive Darryl Schmidt report in this Form 4?

Darryl Schmidt reported a discretionary transaction under Rule 16b-3(f) involving 76 BancFirst common shares in an ESOP account. The filing also updates his direct, IRA, family and option holdings, showing his overall exposure to BancFirst stock.

Does the BancFirst (BANF) Form 4 show an open-market buy or sell by Darryl Schmidt?

The Form 4 shows a discretionary ESOP transaction in 76 shares with no price, not an open-market purchase or sale. Other entries update existing holdings and option positions without indicating new open-market trading activity.

How many BancFirst (BANF) shares does Darryl Schmidt hold after this filing?

After the reported updates, Schmidt holds 42,964.08 BancFirst common shares directly, 8,221 shares in an ESOP, 5,143 shares through an IRA, and 487 shares held by his daughter, reflecting a mix of direct and indirect ownership.

What stock options for BancFirst (BANF) does Darryl Schmidt report holding?

Schmidt reports an option to buy 65,000 BancFirst common shares at an exercise price of $51.30 per share. This option expires on February 28, 2035 and represents a significant additional potential equity position beyond his current share holdings.

What is the significance of Rule 16b-3(f) in the BancFirst (BANF) Form 4?

Rule 16b-3(f) covers certain discretionary transactions by insiders that are exempt from short-swing profit rules. Here, it classifies Schmidt’s 76-share ESOP transaction as a discretionary, non-open-market movement rather than a standard purchase or sale of BancFirst stock.