Business First Bancshares (BFST) officer details RSU vesting, deferral
Rhea-AI Filing Summary
Business First Bancshares executive Heather G. Roemer, EVP and CAO, reported the vesting and conversion of 1,082 time-based restricted stock units into common stock on December 12, 2025. She elected to defer the vested securities under the b1BANK Deferred Compensation Plan, which will pay a lump-sum cash amount equal to the deferred shares plus any earnings or losses after her separation of service, death, or disability.
After these transactions, she directly owns 19,592 shares of common stock, plus 8,817 shares held by her spouse and 7,230 shares held as custodian for her minor children. She also beneficially owns 5,657 time-based restricted stock units that are scheduled to vest in installments on future anniversaries of the underlying grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,082 | $0.00 | -- |
| Exercise | COMMON STOCK | 1,082 | $0.00 | -- |
| Disposition | COMMON STOCK | 1,082 | $27.71 | $30K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Footnotes (1)
- Includes: (a) 1,927 shares of restricted stock granted on February 1, 2024, which vest on March 31, 2026; and (b) 725 shares held jointly with spouse. The reporting person received an award of 3,280 time-based restricted stock units on December 12, 2024, vesting in three substantially equal installments on the first, second, and third anniversary of the issuance date. Includes: (a) 2,198 time-based restricted stock units granted to the reporting person on December 12, 2024, which will vest in two substantially equal installments on the second and third anniversary of the issuance date; and (b) 3,459 time-based restricted stock units granted to the reporting person on March 1, 2025, which will vest in three substantially equal installments on the first, second, and third anniversary of the issuance date. These shares were acquired upon the partial vesting of the previously reported time-based restricted stock units granted to the reporting person on December 12, 2024. The reporting person has irrevocably elected to defer the reported securities under the b1BANK Deferred Compensation Plan (the "Deferred Compensation Plan"). In accordance with the Deferred Compensation Plan, the reporting person will receive a lump sum cash distribution in an amount equal to the vested securities deferred under the Deferred Compensation Plan, plus any earnings or losses attributable thereto, on the first business day following the month in which the reporting person's separation of service, death, or disability occurs.
FAQ
What indirect holdings of BFST stock does Heather G. Roemer report?
She reports indirect ownership of 8,817 shares held by her spouse and 7,230 shares held as custodian for her minor children.
What restricted stock and RSU awards remain outstanding for Heather G. Roemer at BFST?
Her direct holdings include 1,927 shares of restricted stock granted on February 1, 2024 that vest on March 31, 2026. She also beneficially owns 5,657 time-based restricted stock units, consisting of 2,198 units granted on December 12, 2024 and 3,459 units granted on March 1, 2025, which vest in substantially equal installments on specified anniversaries of their issuance dates.