BFST director reports RSU grant and share acquisition
Business First Bancshares, Inc. director Mark P. Folse reported routine equity compensation activity.
Rhea-AI Filing Summary
Business First Bancshares, Inc. director Mark P. Folse reported routine equity compensation activity. He received a grant of 998 time-based restricted stock units under the 2024 Equity Incentive Plan on June 25, 2026, each economically equivalent to one share of common stock and subject to vesting and forfeiture conditions.
On June 26, 2026, 1,016 previously awarded restricted stock units were exercised and converted into 1,016 shares of common stock, increasing his direct common stock holdings to 54,302 shares. Following these transactions, he also holds 998 unvested restricted stock units scheduled to fully vest on June 25, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
998 shares exercised/converted
Exercise
3 txns
Insider
Folse Mark P.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 998 | $0.00 | $0.00 |
| Exercise | COMMON STOCK | 1,016 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 998 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,012 contracts (Direct);
COMMON STOCK — 54,302 shares (Direct)
Footnotes (2)
- 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.
Key Figures
Common shares acquired via RSU conversion: 1,016 shares
New RSU grant: 998 restricted stock units
Common shares held after transactions: 54,302 shares
+1 more
4 metrics
Common shares acquired via RSU conversion
1,016 shares
Exercise/conversion of restricted stock units on June 26, 2026
New RSU grant
998 restricted stock units
Grant under 2024 Equity Incentive Plan on June 25, 2026
Common shares held after transactions
54,302 shares
Direct ownership following June 26, 2026 transactions
Unvested RSUs remaining
998 restricted stock units
Time-based units scheduled to vest on June 25, 2027
Key Terms
Restricted Stock Units, 2024 Equity Incentive Plan, time-based restricted stock units, economically equivalent to one share
4 terms
Restricted Stock Units financial
"Reflects the grant of time-based restricted stock units to the reporting person"
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 on June 25, 2026"
time-based restricted stock units financial
"The time-based restricted stock units will fully vest on June 25, 2027"
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 transactions did BFST director Mark P. Folse report?
Mark P. Folse reported equity compensation-related transactions, including receiving 998 restricted stock units and converting 1,016 previously granted units into common shares. These are routine grants and vesting events, not open-market purchases or sales, and reflect standard director compensation in stock-based form.
What restricted stock unit grant did Mark P. Folse receive from BFST?
On June 25, 2026, Mark P. Folse received a grant of 998 time-based restricted stock units under Business First Bancshares’ 2024 Equity Incentive Plan. Each unit is economically equivalent to one share of common stock, subject to vesting conditions and potential forfeiture under specified circumstances.
When will Mark P. Folse’s new BFST restricted stock units vest?
The 998 time-based restricted stock units granted to Mark P. Folse on June 25, 2026, will fully vest on June 25, 2027. Vesting means the units convert to non-forfeitable rights to shares, assuming the specified conditions are satisfied during the one-year vesting period.
What is the value relationship between BFST restricted stock units and common stock?
Each time-based restricted stock unit granted to Mark P. Folse is economically equivalent to one share of Business First Bancshares common stock. Once vested and settled, these units convert into shares, aligning his compensation with shareholder interests through direct equity exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
