BFST director exercises RSUs, receives new grant
Business First Bancshares, Inc. director Arthur Price reported equity compensation activity rather than market trading in the company’s stock.
Rhea-AI Filing Summary
Business First Bancshares, Inc. director Arthur Price reported equity compensation activity rather than market trading in the company’s stock. He received a grant of 998 time-based restricted stock units on June 25, 2026 under the 2024 Equity Incentive Plan, each unit economically equivalent to one common share and scheduled to fully vest on June 25, 2027.
On June 26, 2026, Price exercised 1,016 restricted stock units for common stock at a stated price of $0.00 per share, increasing his directly held common stock to 11,680 shares. He also holds 11,000 common shares indirectly through PEMP Investments, LLC and continues to own 998 unvested restricted stock units after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,016 shares exercised/converted
Exercise
4 txns
Insider
PRICE ARTHUR
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 — 11,680 shares (Direct);
COMMON STOCK — 11,000 shares (Indirect, By PEMP Investments, LLC, a company controlled by reporting person)
Footnotes (2)
- F1. Reflects the grant of time-based restricted stock units granted 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. Remarks
Key Figures
RSU grant: 998 units
RSU exercise: 1,016 units
Direct common shares: 11,680 shares
+3 more
6 metrics
RSU grant
998 units
Time-based restricted stock units granted June 25, 2026
RSU exercise
1,016 units
Restricted stock units exercised into common stock June 26, 2026
Direct common shares
11,680 shares
Common stock directly held after transactions
Indirect common shares
11,000 shares
Common stock held via PEMP Investments, LLC
Unvested RSUs remaining
998 units
Restricted stock units outstanding after transactions
Exercise price
$0.00 per share
Price per share for RSU exercise into common stock
Key Terms
Restricted Stock Units, time-based restricted stock units, 2024 Equity Incentive Plan, economically equivalent to one share of common stock, +1 more
5 terms
Restricted Stock Units financial
"The reporting person received an award of 1,016 time-based restricted stock units on June 26, 2025"
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
"Reflects the grant of 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.
2024 Equity Incentive Plan financial
"granted to the reporting person under the Business First Bancshares, Inc. 2024 Equity Incentive Plan"
indirect ownership financial
"By PEMP Investments, LLC, a company controlled by reporting person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many restricted stock units were granted to Arthur Price in the latest BFST Form 4?
The filing shows a grant of 998 time-based restricted stock units on June 25, 2026. These units were issued under the 2024 Equity Incentive Plan and are economically equivalent to common shares, with vesting and forfeiture conditions described in the footnotes.
When do Arthur Price’s newly granted BFST restricted stock units vest?
The 998 time-based restricted stock units granted on June 25, 2026 fully vest on June 25, 2027. Until vesting, the award remains subject to forfeiture upon certain events, as specified in the plan terms outlined in the filing’s footnote.
Did Arthur Price make any open-market purchases or sales of BFST stock in this Form 4?
No open-market purchases or sales are reported. The filing shows a grant of restricted stock units and an exercise of 1,016 restricted stock units into common shares, both at a stated price of $0.00, reflecting compensation-related and derivative exercise activity only.
What happens to Arthur Price’s unvested BFST restricted stock units if certain events occur?
The filing explains that the reported unvested time-based restricted stock units are subject to forfeiture upon certain events. Specific forfeiture conditions are governed by the 2024 Equity Incentive Plan and the individual grant terms referenced in the footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
