BFST EVP reports routine tax-withholding share disposition
Business First Bancshares, Inc. executive Donald Chad Carter reported a routine tax-withholding share disposition.
Rhea-AI Filing Summary
Business First Bancshares, Inc. executive Donald Chad Carter reported a routine tax-withholding share disposition. On March 31, 2026, 317 shares of common stock were withheld at $27.04 per share to cover tax obligations, a non-market transaction.
Following this, he directly held 14,517 shares of common stock, plus units in the employer stock fund through the company 401(k) plan equivalent to 6,799 shares of common stock. He also held 9,319 time-based restricted stock units tied to common stock that will vest over future years under prior awards.
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Insider Trade Summary
Exercise Price or Tax Liability: 317 shares
Exercise Price or Tax Liability
2 txns
Insider
Carter Donald Chad
Role
EVP, Correspondent Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | COMMON STOCK | 317 | $27.04 | $9K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 14,517 shares (Direct);
Restricted Stock Units — 9,319 contracts (Direct)
Footnotes (2)
- F1. Includes units of the employer stock fund through the issuer's 401(k) plan equivalent to 6,799 shares of common stock of the issuer.
- F2. Includes: (a) 2,584 time-based restricted stock units granted on December 12, 2024, which will vest in two substantially equal installments on the second and third anniversary of the issuance date; (b) 2,715 time-based restricted stock units granted to the reporting person on March 1, 2025, which will vest in two substantially equal installments on the second and third anniversary of the issuance date; and (c) 4,020 time-based restricted stock units granted to the reporting person on March 2, 2026, which will vest in three substantially equal installments on the first, second, and third anniversary of the issue date.
Key Figures
Tax-withholding shares: 317 shares
Withholding price: $27.04 per share
Common shares held: 14,517 shares
+5 more
8 metrics
Tax-withholding shares
317 shares
Common stock withheld on March 31, 2026 to cover taxes
Withholding price
$27.04 per share
Value used for the 317-share tax-withholding disposition
Common shares held
14,517 shares
Direct common stock holdings after the March 31, 2026 transaction
RSU underlying shares
9,319 shares
Common stock underlying restricted stock units held directly
401(k) stock fund equivalent
6,799 shares
Employer stock fund units equivalent to common shares in 401(k) plan
2024 RSU grant
2,584 units
Time-based RSUs granted December 12, 2024, vesting over second and third anniversaries
2025 RSU grant
2,715 units
Time-based RSUs granted March 1, 2025, vesting over second and third anniversaries
2026 RSU grant
4,020 units
Time-based RSUs granted March 2, 2026, vesting over three annual installments
Key Terms
tax-withholding disposition, Restricted Stock Units, employer stock fund, 401(k) plan, +1 more
5 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Restricted Stock Units financial
"security_title: Restricted Stock Units"
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.
employer stock fund financial
"Includes units of the employer stock fund through the issuer's 401(k) plan"
401(k) plan financial
"through the issuer's 401(k) plan equivalent to 6,799 shares"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
time-based restricted stock units financial
"Includes: (a) 2,584 time-based restricted stock units granted on December 12, 2024"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BFST executive Donald Chad Carter report?
Donald Chad Carter reported a tax-withholding disposition of 317 shares of Business First Bancshares common stock. The shares were withheld at $27.04 each to satisfy tax liabilities linked to equity compensation, not sold in the open market.
What restricted stock units does Donald Chad Carter hold in BFST?
Carter held 9,319 restricted stock units tied to BFST common stock after the transaction. These include multiple time-based awards granted in 2024, 2025, and 2026 that vest in equal installments on specified future anniversaries of their respective grant dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
