BFST director exercises 1,016 RSUs, gets new grant
Business First Bancshares, Inc. director Patrick E. Mockler reported routine equity compensation and an option-like conversion.
Rhea-AI Filing Summary
Business First Bancshares, Inc. director Patrick E. Mockler reported routine equity compensation and an option-like conversion. He received an award of 998 time-based restricted stock unitsJune 25, 2026, which fully vest on June 25, 2027. On June 26, 2026, he exercised 1,016 RSUs into the same number of common shares at a stated price of $0.00 per share, increasing his directly held common stock to 33,158.5 shares. He also reports 30,888.472 common shares held indirectly through the Rita Gardner Mockler Estate account, where he serves as executor and disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,016 shares exercised/converted
Exercise
4 txns
Insider
MOCKLER PATRICK E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,016 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 1,016 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 998 | $0.00 | $0.00 |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 998 contracts (Direct);
COMMON STOCK — 33,158.5 shares (Direct);
COMMON STOCK — 30,888.472 shares (Indirect, By: Rita Gardner Mockler Estate Account)
Footnotes (3)
- F1. Reflects the grant of time-based restricted stock units to the reporting person under the Business First Bancshares, Inc. 2024 Equity Incentive Plan on June 25, 2026. 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.
- F2. The reporting person received an award of 1,016 time-based restricted stock units on June 26, 2025, vesting on the first anniversary of the issuance date.
- F3. Represents the holdings of the Rita Gardner Mockler Estate account, of which the reporting person is the executor. The reporting person disclaims beneficial ownership of the common stock held by the Rita Garnder Mockler Estate account except to the extent of his pecuniary interest therein.
Key Figures
RSUs granted: 998 units
RSUs exercised: 1,016 units
Direct common stock holding: 33,158.5 shares
+3 more
6 metrics
RSUs granted
998 units
Time-based restricted stock units granted on June 25, 2026
RSUs exercised
1,016 units
RSUs converted into common stock on June 26, 2026
Direct common stock holding
33,158.5 shares
Shares directly held after June 26, 2026 transactions
Indirect estate holdings
30,888.472 shares
Common stock in Rita Gardner Mockler Estate account
RSU vesting date
June 25, 2027
Full vesting date for 998-unit RSU grant
RSU exercise price
$0.00 per unit
Stated conversion price for RSU transactions
Key Terms
time-based restricted stock units, 2024 Equity Incentive Plan, pecuniary interest, beneficial ownership, +1 more
5 terms
time-based restricted stock units financial
"Reflects the grant of time-based restricted stock units to the reporting person under the Business First Bancshares, Inc. 2024 Equity Incentive Plan"
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.
2024 Equity Incentive Plan financial
"Reflects the grant of time-based restricted stock units to the reporting person under the Business First Bancshares, Inc. 2024 Equity Incentive Plan"
pecuniary interest financial
"The reporting person disclaims beneficial ownership of the common stock held by the Rita Garnder Mockler Estate account except to the extent of his pecuniary interest therein"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the common stock held by the Rita Garnder Mockler Estate account"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
executor financial
"Represents the holdings of the Rita Gardner Mockler Estate account, of which the reporting person is the executor"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BFST director Patrick E. Mockler report?
Patrick E. Mockler reported routine equity compensation activity, including the grant of 998 time-based restricted stock units and the exercise of 1,016 restricted stock units into common stock at a stated price of $0.00 per share.
What are the key terms of Patrick E. Mockler’s new BFST restricted stock units?
Mockler received 998 time-based restricted stock units on June 25, 2026 under the 2024 Equity Incentive Plan. These RSUs fully vest on June 25, 2027 and are subject to forfeiture upon certain events described in the award terms.
How are the Rita Gardner Mockler Estate account holdings reported in this BFST Form 4?
The Form 4 shows 30,888.472 BFST common shares held by the Rita Gardner Mockler Estate account. Mockler is the executor and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the estate.
Are Patrick E. Mockler’s BFST transactions open-market buys or sales?
The reported transactions are not open-market buys or sales. They consist of a grant of 998 restricted stock units and the exercise of 1,016 previously granted RSUs into common stock, both categorized as derivative-related acquisitions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
