Director George W. Cummings III details BFST share holdings (BFST)
Rhea-AI Filing Summary
Business First Bancshares, Inc. director George W. Cummings III filed an initial statement of beneficial ownership as of 01/01/2026. He reports direct ownership of 358,775 shares of common stock, which includes 223,669 pledged shares of the company’s common stock. He also reports indirect ownership of 3,911 common shares held by his spouse.
A portion of his stake was received through the merger of Progressive Bancorp, Inc. into Business First Bancshares. In that transaction, 54,704 Progressive shares were exchanged, with each Progressive share converted into the right to receive 6.63 shares of Business First Bancshares common stock plus cash instead of any fractional share.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cummings George W. III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 358,775 shares (Direct);
Common Stock — 3,911 shares (Indirect, By Spouse)
Footnotes (1)
- Acquired in exchange for 54,704 shares of Progressive Bancorp, Inc. ("Progressive") in connection with the merger of Progressive with and into the issuer (the "Merger"). At the effective time of the Merger, each share of Progressive common stock was converted into the right to receive 6.63 shares of the issuer's common stock, plus cash, without interest, in lieu of any fractional shares. Includes 223,669 pledged shares of common stock of the issuer.
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