Business First Bancshares (BFST) director adds 1,500 common shares
Rhea-AI Filing Summary
Business First Bancshares, Inc. director Rick D. Day purchased 1,500 shares of common stock on July 28, 2026 at $31.61 per share, bringing his direct holdings to 269,901 shares. He also holds 998 time-based restricted stock units granted June 25, 2026 that fully vest on June 25, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,500 shares
Net Buy
2 txns
Insider
Day Rick D.
Role
Director
Bought
1,500 shs ($47K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 1,500 | $31.61 | $47K |
| holding | Restricted Stock Units F1 | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 269,901 shares (Direct);
Restricted Stock Units — 998 shares (Direct)
Footnotes (1)
- F1. The time-based restricted stock units were granted to the reporting person on June 25, 2026, under the Business First Bancshares, Inc. 2024 Equity Incentive Plan. The time-based restricted stock units will fully vest on June 25, 2027. Each time-based restricted stock unit is economically equivalent to one share of common stock of the issuer. Under the terms of the relevant restricted stock unit grant, the reported unvested restricted stock units are subject to forfeiture upon the occurrence of certain events.
Key Figures
Common shares purchased: 1500.0000 shares
Purchase price per share: $31.6100 per share
Direct common shares after transaction: 269901.0000 shares
+4 more
7 metrics
Common shares purchased
1500.0000 shares
Non-derivative open-market purchase on July 28, 2026
Purchase price per share
$31.6100 per share
Price for common stock bought on July 28, 2026
Direct common shares after transaction
269901.0000 shares
Directly owned Business First Bancshares common stock following the purchase
Restricted stock units outstanding
998.0000 units
Time-based RSUs linked to an equal number of common shares
RSU exercise price
0.0000
Conversion or exercise price of restricted stock units
RSU grant date
June 25, 2026
Grant date of time-based restricted stock units under 2024 Equity Incentive Plan
RSU full vesting date
June 25, 2027
Date when time-based restricted stock units will fully vest
Key Terms
Restricted Stock Units, 2024 Equity Incentive Plan, Rule 10b5-1
3 terms
Restricted Stock Units financial
"The time-based Restricted Stock Units were granted to the reporting person on June 25, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2024 Equity Incentive Plan financial
"under the Business First Bancshares, Inc. 2024 Equity Incentive Plan"
Rule 10b5-1 regulatory
"document-level Rule 10b5-1 checkbox: true = transactions affirmed under a trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did BFST director Rick D. Day report on this Form 4?
Rick D. Day reported buying 1,500 shares of Business First Bancshares (BFST) common stock on July 28, 2026 at $31.61 per share. This open-market purchase is identified with transaction code “P” and increases his directly owned common shares.
What restricted stock unit (RSU) awards in BFST does Rick D. Day hold?
He holds 998 time-based restricted stock units granted on June 25, 2026 under the Business First Bancshares, Inc. 2024 Equity Incentive Plan. Each RSU equals one common share, vests in full on June 25, 2027, and is subject to forfeiture upon certain events.
Was Rick D. Day’s BFST stock purchase made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked, indicating the reported transactions, including the 1,500-share purchase, were not affirmatively reported as executed under a pre-arranged trading plan. Plan status is therefore not designated for these trades in the disclosure.
What is the exercise price and structure of Rick D. Day’s BFST restricted stock units?
Rick D. Day’s restricted stock units show a conversion or exercise price of $0.00 per unit (0.0000). Each RSU is economically equivalent to one share of Business First Bancshares common stock upon vesting and remains subject to forfeiture under specified conditions in the award terms.