Welcome to our dedicated page for Business First B SEC filings (Ticker: BFST), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Business First Bancshares, Inc. (BFST) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Business First is a Louisiana-incorporated bank holding company for b1BANK, and its common stock trades on the Nasdaq Global Select Market under the symbol BFST, as noted in multiple Form 8-K filings.
Through its periodic and current reports, Business First details its financial condition and results of operations. Quarterly earnings information is often furnished via Form 8-K under Item 2.02, accompanied by press releases and supplemental slide presentations. These materials describe net interest income, loan and deposit trends, credit quality metrics, securities portfolio changes, capital ratios and non-GAAP measures such as core net income and tangible book value per share.
Filings also document capital management and corporate actions. An 8-K dated October 28, 2025, outlines a stock repurchase program authorizing the company to repurchase shares of its common stock up to a specified aggregate purchase price over a defined period, with purchases permitted in the open market or through privately negotiated transactions. Other 8-Ks report the declaration of common and preferred dividends, including record and payment dates.
Investors can review merger and acquisition disclosures through Forms 8-K that describe the Agreement and Plan of Reorganization with Progressive Bancorp, Inc. and Progressive Bank, including the exchange ratio, conditions to closing, termination rights and related voting and director support agreements. Subsequent filings and press releases discuss the completion of the transaction and its impact on assets, loans, deposits and geographic presence.
Business First’s filings also cover executive and change-in-control arrangements. A November 4, 2025, Form 8-K summarizes an Amended and Restated Executive Employment Agreement with the company’s chief executive officer, including term, compensation, severance protections and post-termination covenants. The same filing describes change in control agreements with other senior officers, outlining payment formulas and non-competition and non-solicitation provisions.
On Stock Titan, these SEC filings are updated as new documents are posted to EDGAR. AI-powered tools can help readers quickly identify key items within lengthy filings, such as dividend declarations, repurchase authorizations, merger terms, or executive compensation and change-in-control provisions, allowing users to focus on the sections most relevant to their analysis of BFST.
Business First Bancshares, Inc. reported that President and CEO David R. Melville III had multiple equity-related transactions. On March 2, 2026, he received grants of 3,280 and 13,121 time-based restricted stock units, which will vest in installments from 2027 through 2029.
On March 1, 2026, 5,376 restricted stock units were exercised into the same number of common shares, followed by a disposition of 5,376 common shares to the issuer at $27.30 per share. After these transactions, he directly held 213,181 shares of common stock and 37,346 restricted stock units, some of which are deferred under the b1BANK Deferred Compensation Plan.
Business First Bancshares EVP & Chief Credit Officer Warren McDonald reported equity compensation and related share movements. On March 2, 2026, he received a grant of 3,974 time-based restricted stock units, each equivalent to one share of common stock. These RSUs are scheduled to vest in three installments: 1,324 units on March 2, 2027, 1,324 units on March 2, 2028, and 1,326 units on March 2, 2029.
On March 1, 2026, he exercised 1,337 restricted stock units into 1,337 shares of common stock and disposed of 565 common shares at $27.30 per share to satisfy tax withholding obligations. After these transactions, he directly held 15,353 shares of common stock and 9,273 restricted stock units, alongside other previously granted time-based RSUs vesting in stages through 2029.
Business First Bancshares EVP & COO of b1Bank Keith Mansfield reported multiple equity transactions in company stock and restricted stock units. On March 2, 2026, he received a grant of 5,740 time-based restricted stock units, which will vest in three annual installments from March 2, 2027 through March 2, 2029.
On March 1, 2026, he exercised 1,926 restricted stock units into an equal number of common shares at no cash cost and disposed of 676 common shares at $27.30 per share to satisfy tax withholding. After these transactions, he directly held 82,663 common shares and 13,374 restricted stock units.
Business First Bancshares EVP & Chief Risk Officer Kathryn Manning reported multiple equity compensation transactions. She received grants of 745 and 2,984 time-based restricted stock units on March 2, 2026, each unit economically equivalent to one share of common stock and vesting in annual installments through 2029.
On March 1, 2026, 1,239 restricted stock units partially vested and converted into 1,239 common shares, followed by a disposition of 1,239 common shares back to the issuer at $27.30 per share. Part of the new and previously granted units has been deferred into the company’s b1BANK Deferred Compensation Plan, to be paid in cash after separation, death, or disability.
Business First Bancshares, Inc. executive Philip Jordan, EVP & CBO of b1Bank, reported equity awards and related share movements. On March 2, 2026, he received a grant of 5,701 time-based restricted stock units (RSUs), which will vest in three installments from 2027 through 2029.
On March 1, 2026, he exercised 1,926 RSUs, acquiring the same number of common shares, and had 527 common shares withheld at $27.30 per share to cover tax obligations. After these transactions, he directly holds 82,041 shares of common stock and 13,335 RSUs, plus additional unvested restricted stock and retirement-plan holdings noted in the footnotes.
Business First Bancshares EVP Donald Chad Carter reported equity compensation activity in company stock. On March 2, 2026, he received a grant of 4,020 time-based restricted stock units, which will vest in three equal installments on March 2, 2027, 2028, and 2029.
On March 1, 2026, he exercised 1,337 restricted stock units into an equal number of common shares at a price of $0.00 per share. To cover tax obligations related to this equity event, 366 common shares were withheld at $27.30 per share. After these transactions, he directly owned 14,834 common shares and 9,319 restricted stock units.
BFST provides a Form 144 notice describing proposed sales of Common shares. The filing lists 10,000 shares handled by Raymond James & Associates with an aggregate dollar amount of $280,000.00 and references a total share figure of 29,615,370 as of 03/02/2026. The filing also shows an issuer-related entry of 277,969 shares in connection with a merger dated 01/01/2026, and discloses that George Cummings III sold 20,000 common shares on 02/25/2026 for $560,056.00.
Business First Bancshares, Inc. director George W. Cummings III reported an open-market sale of 20,000 shares of common stock at $28.0000 per share. After this sale on 2026-02-25, he directly owned 338,775 common shares, which includes 223,669 shares that are pledged. In addition, 3,911 shares were reported as held indirectly through his spouse.
Business First Bancshares, Inc., parent of b1BANK, is a Louisiana-based financial holding company focused on small-to-midsized business clients. As of December 31, 2025, it reported total assets of $8.2 billion, total loans of $6.2 billion, total deposits of $6.7 billion and shareholders’ equity of $896.9 million.
The company is pursuing a branch-lite, relationship-driven growth strategy across Louisiana, the Dallas/Fort Worth metroplex and Houston, supported by commercial and industrial lending, commercial real estate lending, wealth management and treasury services. Recent acquisitions include Waterstone LSP, LLC for $3.3 million in cash, Oakwood Bancshares, Inc. in exchange for 3,973,134 common shares, and Progressive Bancorp, Inc. in exchange for 3,192,367 common shares, expanding its Texas and north Louisiana footprint. The filing also details extensive risk factors, regulatory capital and control frameworks, and human capital data, including 842 employees and an emphasis on diversity, training and disciplined credit risk management.