George W. Cummings files Form 144 to sell BFST shares

George W. Cummings reported proposed and recent sales of Common Shares by filing a Form 144 notice.

Rhea-AI Filing Summary

George W. Cummings reported proposed and recent sales of Common Shares by filing a Form 144 notice. The filing lists sales of 10,000 shares on 05/22/2026 for $279,633.23 and 11,595 shares on 05/27/2026 for $323,358.17.

The notice also shows 15,000 Common Shares described as acquired from issuer in private transaction on 05/03/2018 and a context figure of 32,677,968 linked to 06/08/2026.

Insights

Corporate Governance Analyst

Form 144 discloses recent dispositions by an affiliate, showing modest insider liquidity.

The filing lists two reported dispositions: 10,000 shares on 05/22/2026 for $279,633.23 and 11,595 shares on 05/27/2026 for $323,358.17. It also notes 15,000 shares acquired from the issuer on 05/03/2018, which provides provenance for the securities.

These transactions are disclosure of sales activity rather than a corporate action. Timing and methods of sale beyond the trade dates are not described in the excerpt; subsequent filings would report settlement or additional dispositions if they occur.

Key Figures

Sale on 05/22/2026: 10,000 shares Sale on 05/27/2026: 11,595 shares Previously acquired: 15,000 shares +1 more

4 metrics

Sale on 05/22/2026 10,000 shares reported disposition, proceeds <money>$279,633.23</money>

Sale on 05/27/2026 11,595 shares reported disposition, proceeds <money>$323,358.17</money>

Previously acquired 15,000 shares acquired from issuer in private transaction on <date>05/03/2018</date>

Context figure 32,677,968 figure listed with date <date>06/08/2026</date>

Key Terms

Form 144, acquired from issuer in private transaction, NASD

3 terms

Form 144 regulatory

"Securities Sold During The Past 3 Months — lists proposed sales and proceeds"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

acquired from issuer in private transaction financial

"Common Shares | 05/03/2018 | Acquired from issuer in private transaction"

NASD regulatory

"06/08/2026 | NASD 144: Securities To Be Sold"

The NASD (National Association of Securities Dealers) was the self‑regulatory organization that created and enforced rules for broker‑dealers and supervised trading conduct, functioning like a referee for the securities industry. For investors, its role mattered because those rules and oversight aimed to reduce fraud, ensure fair dealing and maintain confidence in markets—factors that influence the safety of investments and the reputation and behavior of brokerage firms.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the BFST Form 144 filed by George W. Cummings disclose?

It disclosed proposed and recent sales of Common Shares by George W. Cummings on 05/22/2026 and 05/27/2026. The filing lists 10,000 shares for $279,633.23 and 11,595 shares for $323,358.17, plus a prior acquisition on 05/03/2018.

How many shares did George W. Cummings sell according to the filing?

The filing shows two dispositions: 10,000 shares sold on 05/22/2026 and 11,595 shares sold on 05/27/2026. Each sale includes the reported gross proceeds in dollars in the filing excerpt.

When were the sold shares originally acquired, per the Form 144 excerpt?

The excerpt states an acquisition of 15,000 Common Shares from the issuer in a private transaction on 05/03/2018. That acquisition line is shown in the filing’s securities section.

What monetary amounts are reported for the recent sales in the Form 144?

The filing reports proceeds of $279,633.23 for the 10,000-share trade on 05/22/2026 and $323,358.17 for the 11,595-share trade on 05/27/2026. These figures appear alongside each sale entry.

Does the excerpt show total shares outstanding for BFST?

The excerpt includes a figure of 32,677,968 associated with 06/08/2026. The filing text presents this number in the securities section as a context figure alongside the filing date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/08/2026 - 05:13 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002106698
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Business First Bancshares, Inc.
SEC File Number	001-38447
Address of Issuer	500 Laurel Street Suite 101 Baton Rouge LOUISIANA 70801
Phone	1-225-248-7600
Name of Person for Whose Account the Securities are To Be Sold	George W. Cummings
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Shares	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	15000	427200	32677968	06/08/2026	NASD

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Shares	05/03/2018	Acquired from issuer in private transaction	Issuer			15000	05/03/2018	None

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
George W. Cummings 500 Laurel Street Suite 101 Baton Rouge LA 70801	Common Shares	05/22/2026	10000	279633.23
George W. Cummings 500 Laurel Street Suite 101 Baton Rouge LA 70801	Common Shares	05/27/2026	11595	323358.17

144: Remarks and Signature

Remarks
Date of Notice	06/08/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Goldman Sachs & Co. LLC on behalf of George W. Cummings
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)