Bank First (BFC) CEO receives 4,470-share award with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bank First Corp Chairman and CEO Michael B. Molepske reported a stock-based compensation event involving company common stock. He received a grant of 4,470 shares at an indicated value of $135.23 per share. On the same date, 2,277 shares were disposed of to cover tax obligations, a non-market transaction typically handled by the issuer.
After these entries, Molepske directly owns 55,121 common shares. He also reports indirect holdings of 47,449 shares held through a trust and 1,082 shares held by his spouse, reflecting additional beneficial ownership outside his direct account. The filing shows no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Molepske Michael B.
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,470 | $135.23 | $604K |
| Tax Withholding | Common Stock | 2,277 | $135.23 | $308K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 57,398 shares (Direct);
Common Stock — 47,449 shares (Indirect, Trust)
Footnotes (1)
FAQ
What insider transaction did Bank First Corp (BFC) report for Michael B. Molepske?
Bank First Corp reported that Chairman and CEO Michael B. Molepske received a grant of 4,470 common shares. The transaction is classified as a compensation-related award rather than an open-market purchase, reflecting equity-based pay aligned with the company’s stock performance.
What are Michael B. Molepske’s direct Bank First Corp (BFC) holdings after the transactions?
Following the reported award and tax withholding, Michael B. Molepske directly holds 55,121 shares of Bank First Corp common stock. This figure represents his post-transaction direct ownership and provides context on his ongoing equity exposure as Chairman and CEO.
What indirect Bank First Corp (BFC) holdings are reported for Michael B. Molepske?
The filing lists 47,449 common shares held indirectly through a trust and 1,082 shares held by his spouse. These entries indicate additional beneficial ownership beyond his direct holdings, reflecting family and trust-related positions associated with Molepske.
Does this Bank First Corp (BFC) Form 4 show any open-market stock sales or purchases?
The Form 4 does not report any open-market purchases or sales. It records a stock grant of 4,470 shares and a tax-withholding disposition of 2,277 shares, both non-market events typically tied to equity compensation, rather than discretionary trading in the public market.
What transaction codes are used in Michael B. Molepske’s Bank First Corp (BFC) Form 4?
The filing uses code A for a grant or award acquisition of 4,470 shares and code F for 2,277 shares used to pay tax liabilities. These codes indicate compensation and tax withholding mechanics, rather than traditional buy or sell transactions on the open market.