Business First Bancshares director receives RSU award
Business First Bancshares director Aimee M. Quirk reported equity compensation activity involving restricted stock units (RSUs) and common stock.
Rhea-AI Filing Summary
Business First Bancshares director Aimee M. Quirk reported equity compensation activity involving restricted stock units (RSUs) and common stock. On June 25, 2026, she received a grant of 998 time-based RSUs under the company’s 2024 Equity Incentive Plan, which are scheduled to fully vest on June 25, 2027.
On June 26, 2026, 1,016 previously awarded RSUs were exercised into 1,016 shares of common stock at a stated price of $0.00 per share, reflecting the vesting of an earlier grant. Following these transactions, she directly holds 2,533 shares of common stock and 998 unvested RSUs that remain subject to forfeiture upon certain events.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,016 shares exercised/converted
Exercise
3 txns
Insider
Quirk Aimee M
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 |
Holdings After Transaction:
Restricted Stock Units — 998 contracts (Direct);
COMMON STOCK — 2,533 shares (Direct)
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.
Key Figures
RSUs granted: 998 units
RSUs exercised: 1,016 units
Common shares held: 2,533 shares
+3 more
6 metrics
RSUs granted
998 units
Time-based RSUs granted on June 25, 2026 under 2024 Equity Incentive Plan
RSUs exercised
1,016 units
Previously awarded RSUs converted into common stock on June 26, 2026
Common shares held
2,533 shares
Direct common stock holdings following the June 26, 2026 exercise
Unvested RSUs remaining
998 units
Unvested time-based RSUs outstanding after June 26, 2026
Exercise price
$0.00 per share
Stated price for RSUs converting into common stock on June 26, 2026
Vesting date for new RSUs
June 25, 2027
Scheduled full vesting date for 998 time-based RSUs
Key Terms
Restricted Stock Units, time-based restricted stock units, 2024 Equity Incentive Plan, economically equivalent to one share
4 terms
Restricted Stock Units financial
"Reflects the grant of time-based restricted stock units granted 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.
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.
2024 Equity Incentive Plan financial
"granted to the reporting person under the Business First Bancshares, Inc. 2024 Equity Incentive Plan"
FAQ
What insider transactions did BFST director Aimee Quirk report?
BFST director Aimee Quirk reported equity compensation activity, including vesting of 1,016 restricted stock units into common shares and a new grant of 998 time-based RSUs, all held directly as part of her compensation package.
When do Aimee Quirk’s new BFST restricted stock units vest?
The 998 new time-based restricted stock units granted to Aimee Quirk on June 25, 2026 will fully vest on June 25, 2027. Vesting is contingent on the terms of the award and the RSUs remain subject to forfeiture under specified conditions.
What happened to the 1,016 BFST restricted stock units reported on the Form 4?
The 1,016 restricted stock units reported on the Form 4 were exercised into 1,016 shares of Business First Bancshares common stock on June 26, 2026 at a stated price of $0.00 per share, reflecting the vesting of a prior time-based RSU award.
Are Aimee Quirk’s BFST restricted stock units subject to forfeiture?
Yes. The unvested time-based restricted stock units granted to Aimee Quirk are subject to forfeiture upon certain events. These terms are built into the RSU award under the Business First Bancshares 2024 Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
