Business First Bancshares (BFST) director sells 12,000 shares
Rhea-AI Filing Summary
Business First Bancshares, Inc. director Joseph Vernon Johnson reported selling a total of 12,000 shares of common stock in late July 2026, including 10,000 shares on July 28 at a weighted average price of $31.75 (with trades from $31.65 to $31.85) and 2,000 shares on July 29 at $31.15. He also reports holding 998 unvested time-based restricted stock units granted June 25, 2026 under the company’s 2024 Equity Incentive Plan, scheduled to fully vest on June 25, 2027 and each economically equivalent to one share of common stock, subject to forfeiture upon certain events.
Positive
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Negative
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Insider Trade Summary
Net Seller: 12,000 shares
Net Sell
3 txns
Insider
Johnson Joseph Vernon
Role
Director
Sold
12,000 shs ($380K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 2,000 | $31.15 | $62K |
| Sale | COMMON STOCK F1 | 10,000 | $31.75 | $318K |
| holding | Restricted Stock Units F2 | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 172,073 shares (Direct);
Restricted Stock Units — 998 shares (Direct)
Footnotes (2)
- F1. This transaction was executed in multiple trades at prices ranging from $31.65 to $31.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2. 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
Total shares sold: 12,000 shares
Shares sold on July 28, 2026: 10,000 shares
Price range on July 28 sale: $31.65 to $31.85
+3 more
6 metrics
Total shares sold
12,000 shares
Aggregate common stock sales reported for late July 2026
Shares sold on July 28, 2026
10,000 shares
Open-market or private sale at weighted average price $31.75
Price range on July 28 sale
$31.65 to $31.85
Multiple trades with weighted average $31.75
Shares sold on July 29, 2026
2,000 shares
Open-market or private sale of common stock at $31.15 per share
Unvested RSUs underlying shares
998 shares
Time-based restricted stock units equivalent to common shares, vesting June 25, 2027
RSU exercise price
$0.0000
Exercise price for time-based restricted stock units granted June 25, 2026
Key Terms
weighted average sale price, time-based restricted stock units, Equity Incentive Plan, subject to forfeiture
4 terms
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
time-based restricted stock units financial
"The time-based restricted stock units were granted to the reporting person"
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.
Equity Incentive Plan financial
"granted to the reporting person on June 25, 2026, under the Business First Bancshares, Inc. 2024 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
subject to forfeiture financial
"the reported unvested restricted stock units are subject to forfeiture upon the occurrence of certain events"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sales did BFST director Joseph Vernon Johnson report?
Joseph Vernon Johnson reported selling 12,000 shares of Business First Bancshares common stock in July 2026. The sales were 10,000 shares on July 28 at a weighted average $31.75 and 2,000 shares on July 29 at $31.15, both as open-market or private transactions.
What restricted stock units does BFST director Johnson currently report holding?
Johnson reports holding 998 unvested time-based restricted stock units tied to BFST common stock. These RSUs were granted on June 25, 2026, carry a $0.00 exercise price, fully vest on June 25, 2027, and are subject to forfeiture upon specified events.
Under what plan were Joseph Vernon Johnson’s BFST restricted stock units granted?
The unvested 998 restricted stock units were granted to Johnson under the Business First Bancshares, Inc. 2024 Equity Incentive Plan. Each RSU is economically equivalent to one share of the company’s common stock and will fully vest on June 25, 2027, subject to forfeiture conditions.
Does Johnson’s BFST Form 4 indicate use of a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not selected, and the transactions are described simply as sales in the open market or private transactions. The disclosure does not characterize these trades as being executed under an affirmed Rule 10b5-1 trading plan.