Bank First (BFC) director reports direct and trust-held stock

Rhea-AI Filing Summary

Bank First Corp director Eldred Steven M filed an initial ownership report showing his holdings of the company’s common stock. He beneficially owns 141,680 shares directly and an additional 56,776 shares indirectly held in a trust, reflecting his equity stake as a board member.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Eldred Steven M

(Last) (First) (Middle)

402 NORTH 8TH STREET

(Street)

MANITOWOC WI 54220

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/13/2026

3. Issuer Name and Ticker or Trading Symbol
Bank First Corp [ BFC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	141,680	D
Common Stock	56,776	I	Held in Trust

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Kelly M. Dvorak, attorney in fact	01/30/2026
	** Signature of Reporting Person	Date
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 5 (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.

FAQ

What does Eldred Steven M’s Form 3 filing for Bank First Corp (BFC) show?

The Form 3 shows that director Eldred Steven M reported his initial beneficial ownership in Bank First Corp common stock, with shares held both directly and through a trust, as required for insiders under Section 16 when they become subject to reporting obligations.

How many Bank First Corp (BFC) shares does Eldred Steven M hold directly?

The filing reports that 141,680 shares of Bank First Corp common stock are held in direct ownership by Eldred Steven M. Direct ownership means the shares are registered in his name rather than through an intermediary entity or trust structure.

What indirect Bank First Corp (BFC) holdings are reported for Eldred Steven M?

The Form 3 states that 56,776 shares of Bank First Corp common stock are held indirectly in a trust. Indirect ownership indicates the shares are held by a trust, with Eldred Steven M treated as a beneficial owner under SEC reporting rules.

What is Eldred Steven M’s relationship to Bank First Corp (BFC)?

According to the filing, Eldred Steven M is a director of Bank First Corp. This board role subjects him to insider reporting requirements, including filing a Form 3 to disclose his initial beneficial ownership of the company’s common stock.

Does the Bank First Corp (BFC) Form 3 show any stock transactions?

The Form 3 functions as an initial ownership report and lists common stock amounts beneficially owned by Eldred Steven M, both directly and in trust. It does not report specific purchase or sale transactions, only the share balances as of the stated event date.