Bank First (BFC) director awarded 407 shares of common stock

Rhea-AI Filing Summary

Davis Erin A reported acquisition or exercise transactions in this Form 4 filing.

Bank First Corp director Erin A. Davis received a grant of 407 shares of common stock on March 6, 2026. The shares were awarded at $135.23 per share as compensation, not an open-market purchase, bringing her direct holdings to 2,927 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Davis Erin A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	407	$135.23	$55K

Holdings After Transaction: Common Stock — 2,927 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Davis Erin A

(Last) (First) (Middle)

402 NORTH 8TH STREET

(Street)

MANITOWOC WI 54220

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. 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 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	03/06/2026		A		407	A	$135.23	2,927	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	03/10/2026
	** 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.

FAQ

What insider transaction did Bank First (BFC) report for Erin A. Davis?

Bank First reported that director Erin A. Davis received a grant of 407 shares of common stock on March 6, 2026. This was a compensation-related award rather than an open-market purchase and increased her directly held position to 2,927 shares.

Was the Bank First (BFC) transaction an open-market buy or a stock award?

The transaction was a stock award, not an open-market buy. Director Erin A. Davis acquired 407 common shares through a grant classified as a “grant, award, or other acquisition,” reflecting compensation rather than a discretionary share purchase on the public market.

How many Bank First (BFC) shares does Erin A. Davis own after this transaction?

After the grant, Erin A. Davis directly holds 2,927 shares of Bank First common stock. This total includes the 407 shares awarded on March 6, 2026, and represents her reported direct ownership position following the compensation-related transaction.

What price per share was used for Erin A. Davis’s Bank First (BFC) stock award?

The Bank First stock award to Erin A. Davis used a reference price of $135.23 per share. This price is disclosed for the 407-share grant of common stock that increased her direct holdings to a total of 2,927 shares.

What does the transaction code A mean in the Bank First (BFC) Form 4?

The transaction code A on the Bank First Form 4 indicates a grant, award, or other acquisition. In this case, it confirms that Erin A. Davis received 407 common shares as a compensation-related stock award rather than buying them on the open market.