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.
Business First Bancshares, Inc. filings document the regulatory record of a bank holding company and parent of b1BANK. Its 8-K reports cover operating and financial results, common and preferred dividend disclosures, Regulation FD materials, stock repurchase authorization, officer and compensation matters, and material-event reporting.
The filing record also includes proxy materials for shareholder voting, board governance, executive compensation and equity-award disclosures. Capital-structure filings describe BFST's NASDAQ-listed common stock and subordinated note financing, including private placement terms, direct financial obligations and related regulatory-capital purposes.
Business First Bancshares executive Kathryn Manning, EVP & Chief Risk Officer, reported equity award activity dated December 12, 2025. 1,179 restricted stock units converted into common stock, while 417 shares were disposed of at $27.71 per share, leaving 16,665 common shares held directly.
Her direct holdings include 2,470 unvested restricted shares granted February 1, 2024 that are scheduled to vest on March 31, 2026 and are subject to forfeiture upon certain events. She also beneficially owns 6,151 time-based restricted stock units that are scheduled to vest in installments from December 12, 2026 through March 1, 2028.
Business First Bancshares executive Heather G. Roemer, EVP and CAO, reported the vesting and conversion of 1,082 time-based restricted stock units into common stock on December 12, 2025. She elected to defer the vested securities under the b1BANK Deferred Compensation Plan, which will pay a lump-sum cash amount equal to the deferred shares plus any earnings or losses after her separation of service, death, or disability.
After these transactions, she directly owns 19,592 shares of common stock, plus 8,817 shares held by her spouse and 7,230 shares held as custodian for her minor children. She also beneficially owns 5,657 time-based restricted stock units that are scheduled to vest in installments on future anniversaries of the underlying grant dates.
Business First Bancshares, Inc. reported an insider equity transaction by its EVP & CBO of b1Bank on December 12, 2025. The executive had 1,833 restricted stock units convert into an equal number of shares of common stock and then disposed of those 1,833 shares at $27.71 per share in connection with a deferral election under the b1BANK Deferred Compensation Plan.
After these transactions, the executive directly owned 80,642 shares of common stock and held 9,560 restricted stock units. The holdings also include 3,776 shares of unvested restricted stock granted on February 1, 2024, vesting on March 31, 2026, plus 4,000 shares in an investment retirement account and employer stock fund units equivalent to approximately 14,993 shares through the issuer's 401(k) plan.
Business First Bancshares, Inc. executive vice president and CFO Gregory Robertson reported equity transactions dated 12/12/2025. One line item shows 1,833 shares of common stock associated with a transaction coded “M,” and another shows 502 shares of common stock disposed of in a transaction coded “F” at $27.71 per share. After these transactions, he directly owns 69,166 shares of common stock.
The filing notes that this direct holding includes 3,776 shares of unvested restricted stock granted on February 1, 2024, scheduled to vest on March 31, 2026 and subject to forfeiture under certain conditions. Robertson also beneficially owns 9,560 time‑based restricted stock units, reflecting grants made on December 12, 2024 and March 1, 2025, with tranches scheduled to vest between 2026 and 2028.
Business First Bancshares President and CEO David R. Melville III, who also serves as a director, reported the vesting of 4,938 restricted stock units into common stock on December 12, 2025. He then deferred the resulting 4,938 shares, reported as a disposition at $27.71 per share, into the company’s b1BANK Deferred Compensation Plan. After these transactions, he directly beneficially owned 213,181 shares of common stock, which include unvested restricted stock, units held through the 401(k) plan, and pledged shares.
Business First Bancshares, Inc. executive vice president and COO of b1Bank, Keith Mansfield, reported insider equity transactions in company common stock and restricted stock units on December 12, 2025.
On that date, he acquired 1,833 shares of common stock in a transaction related to restricted stock units and disposed of 643 shares at a price of $27.71 per share, resulting in 82,056 common shares beneficially owned directly. This total includes 3,776 shares of unvested restricted stock granted on February 1, 2024 that are scheduled to vest on March 31, 2026 and are subject to forfeiture, and 27,000 shares held in his investment retirement account.
He also reported derivative holdings of 9,560 time-based restricted stock units. These comprise 3,722 units from a December 12, 2024 grant, with 1,833 shares scheduled to vest on December 12, 2026 and 1,889 shares on December 12, 2027, and 5,838 units from a March 1, 2025 grant, with tranches of 1,926 shares vesting on March 1, 2026 and March 1, 2027, and 1,986 shares vesting on March 1, 2028.
Business First Bancshares, Inc. executive vice president Donald Chad Carter reported equity activity dated December 12, 2025. He recorded acquisition of 1,272 shares of common stock and a disposition of 348 shares at $27.71 per share, resulting in direct ownership of 17,641 common shares following the reported transactions.
After these changes, he also beneficially owns 6,636 time-based restricted stock units, which are scheduled to vest in installments between March 1, 2026 and March 1, 2028 under awards granted on December 12, 2024 and March 1, 2025. His reported common stock holdings include units of the employer stock fund in the company 401(k) plan equivalent to 6,799 shares and 1,156 shares of unvested restricted stock that are subject to forfeiture upon certain events.
Business First Bancshares, Inc. reported insider equity activity by its EVP & General Counsel, Saundra Strong. On December 12, 2025, 1,272 restricted stock units were converted into 1,272 shares of common stock in a transaction coded M.
On the same date, 561 shares of common stock were disposed of at $27.71 per share in a transaction coded F. After these transactions, Strong directly beneficially owned 6,708 shares of common stock, including 2,732 shares of unvested restricted stock scheduled to vest on March 31, 2026, and held 6,636 time-based restricted stock units that are scheduled to vest in installments from 2026 through 2028.
Business First Bancshares EVP and Chief Credit Officer Warren McDonald reported equity transactions in company stock. On December 12, 2025, he acquired 1,272 shares of common stock and disposed of 539 shares at $27.71 per share. After these transactions, he directly owned 14,581 shares of common stock. He also held 6,636 time-based restricted stock units that are scheduled to vest in installments on December 12, 2026 and 2027, and on March 1, 2026, 2027 and 2028. In addition, his holdings include 2,732 shares of unvested restricted stock granted on February 1, 2024, which are expected to vest on March 31, 2026 and are subject to forfeiture upon certain events.
Business First Bancshares, Inc. (BFST) reported insider equity activity by its President of b1Bank, Norman Jerome Vascocu, Jr. On November 21, 2025, he acquired 1,945 shares of common stock, reported as a grant of restricted stock at a price of $25.72 per share, which fully vested on that date. On the same day, 824 shares of common stock at $25.72 per share were disposed of using transaction code “F,” indicating shares were withheld, leaving him with 23,195 shares of common stock held directly.
The filing notes that this total includes 3,776 shares of unvested restricted stock granted on February 1, 2024, scheduled to vest on March 31, 2026, which remain subject to forfeiture under certain conditions. In addition, he beneficially owns 15,704 time-based restricted stock units, consisting of 7,657 units granted on December 12, 2024 that vest in three equal annual installments, and 8,047 units granted on March 1, 2025 that vest in tranches in 2026, 2027, and 2028.