Business First Bancshares CFO reports tax share withholding
Business First Bancshares, Inc. EVP and CFO Greg Robertson reported a tax-related share withholding rather than an open-market trade.
Rhea-AI Filing Summary
Business First Bancshares, Inc. EVP and CFO Greg Robertson reported a tax-related share withholding rather than an open-market trade. On March 31, 2026, 1,033 shares of common stock were withheld at $27.04 per share to satisfy tax obligations tied to equity compensation, leaving him with 69,532 common shares held directly.
He also holds 13,374 time-based restricted stock units convertible into common stock, vesting in installments between the second and third anniversaries of grants made in 2024, 2025, and 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,033 shares
Exercise Price or Tax Liability
2 txns
Insider
ROBERTSON GREG
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | COMMON STOCK | 1,033 | $27.04 | $28K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 69,532 shares (Direct);
Restricted Stock Units — 13,374 contracts (Direct)
Footnotes (1)
- F1. Includes: (a) 3,722 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; (b) 3,912 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; (c) 1,148 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 issuance date; and (d) 4,592 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 issuance date.
Key Figures
Tax-withheld shares: 1,033 shares
Withholding price: $27.04 per share
Common shares after transaction: 69,532 shares
+5 more
8 metrics
Tax-withheld shares
1,033 shares
Common stock withheld for taxes on March 31, 2026
Withholding price
$27.04 per share
Price used for 1,033-share tax-withholding disposition
Common shares after transaction
69,532 shares
Direct holdings following March 31, 2026 transaction
Restricted stock units
13,374 units
Time-based RSUs convertible into common stock, held directly
RSUs granted Dec 12, 2024
3,722 units
Time-based RSUs vesting in two equal installments on 2nd and 3rd anniversaries
RSUs granted Mar 1, 2025
3,912 units
Time-based RSUs vesting in two equal installments on 2nd and 3rd anniversaries
RSUs granted Mar 2, 2026 (tranche 1)
1,148 units
Vesting in three equal installments on 1st, 2nd, 3rd anniversaries
RSUs granted Mar 2, 2026 (tranche 2)
4,592 units
Vesting in three equal installments on 1st, 2nd, 3rd anniversaries
Key Terms
tax-withholding disposition, Restricted Stock Units, time-based restricted stock units, exercise price, +1 more
5 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the 1,033-share event"
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" with underlying common stock"
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.
time-based restricted stock units financial
"Includes: (a) 3,722 time-based restricted stock units 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.
exercise price financial
"conversion_or_exercise_price: "0.0000" for the Restricted Stock Units"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BFST CFO Greg Robertson report on March 31, 2026?
Greg Robertson reported a tax-withholding disposition, where 1,033 Business First Bancshares common shares were withheld at $27.04 per share to cover tax liabilities from equity compensation rather than sold in the open market.
What restricted stock unit (RSU) position does the BFST CFO currently have?
The CFO holds 13,374 time-based restricted stock units, each convertible into Business First Bancshares common stock. These RSUs represent additional potential equity exposure beyond his 69,532 directly held common shares.
How are the BFST CFO’s restricted stock units scheduled to vest?
The 13,374 RSUs include grants from December 2024 and March 2025 that vest in two equal installments on the second and third anniversaries, and March 2026 grants that vest in three equal installments on the first, second, and third anniversaries.
AI-generated analysis. How Rhea-AI works. Not financial advice.
