Bank First (BFC) director gifts 1,003 shares held through trust

Rhea-AI Filing Summary

Bank First Corp director Steven M. Eldred reported a bona fide gift of 1,003 shares of Common Stock held indirectly through a trust. The gift was recorded at a reference price of $148.55 per share. After this transfer, one trust account reported holding 10,284 shares, while Eldred also reported 125,680 shares held directly and 78,510 shares held indirectly through a trust.

Insider Trade Summary

1,003 shares gifted

Mixed 3 txns

Insider Eldred Steven M

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	1,003	$148.55	$149K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 10,284 shares (Indirect, By Trust); Common Stock — 125,680 shares (Direct, null)

Footnotes (1)

Key Figures

Gifted shares: 1,003 shares Reference price per share: $148.55 per share Direct holdings after transaction: 125,680 shares +3 more

6 metrics

Gifted shares 1,003 shares Bona fide gift of Common Stock on 2026-06-30

Reference price per share $148.55 per share Reported price for 1,003-share gift

Direct holdings after transaction 125,680 shares Shares of Common Stock held directly by Eldred

Indirect trust holdings (line 1) 78,510 shares Common Stock held indirectly by trust

Indirect trust holdings (line 2) 10,284 shares Common Stock held indirectly by trust after 1,003-share gift

Total gift transactions 1 gift, 1,003 shares TransactionSummary giftCount and giftShares

Key Terms

bona fide gift, indirect ownership, Common Stock

3 terms

bona fide gift financial

"transaction_code_description: "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

indirect ownership financial

"direct_or_indirect: "I" and nature_of_ownership: "By Trust""

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 12:13 PM Accepted by SEC EDGAR 07/01/2026 - 12:12 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Eldred Steven M

(Last) (First) (Middle)

402 NORTH 8TH STREET

(Street)

MANITOWOC WISCONSIN 54220

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2026		G		1,003	D	$148.55	10,284	I	By Trust
Common Stock								78,510	I	By Trust
Common Stock								125,680	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Kelly Dvorak, attorney-in-fact	07/01/2026
	** 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 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 insider transaction did Bank First Corp (BFC) report for Steven M. Eldred?

Bank First Corp director Steven M. Eldred reported a bona fide gift of 1,003 shares of Common Stock. The transfer was reported as an indirect transaction through a trust, not an open-market sale or purchase.

How many Bank First Corp (BFC) shares were transferred in the reported gift?

The filing shows a gift of 1,003 shares of Bank First Corp Common Stock. This was recorded as a bona fide gift transaction, meaning no sale proceeds were received for these transferred shares.

At what reference price was the Bank First Corp (BFC) gift transaction reported?

The 1,003-share gift was reported at a reference price of $148.55 per share. This price reflects the value used in the Form 4 disclosure and does not represent proceeds since the transaction was a gift, not a sale.

What are Steven M. Eldred’s direct Bank First Corp (BFC) holdings after the gift?

Following the reported transactions, Steven M. Eldred reported 125,680 shares held directly of Bank First Corp Common Stock. This direct holding is separate from his indirect holdings reported through trust accounts.

What indirect Bank First Corp (BFC) holdings by trust were reported after the gift?

The Form 4 shows 78,510 shares held indirectly by trust in one line and, after the 1,003-share gift, 10,284 shares held indirectly by trust in another line. These positions reflect shares reported as owned through trust arrangements.