Form 4 for BFST Business First Bancshares, Inc.
Accepted 2025-12-16 00:00:00 ET · period of report 2025-12-12 · accession 0001437749-25-038062 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-12-16 | 2025-12-12 | BFST | Vascocu Norman Jerome Jr | Pres of b1Bank | D - Sale to Iss | $27.71 | -2,526 | 23.2K | -10% | -$70.0K |
| D | 2025-12-16 | 2025-12-12 | BFST | Vascocu Norman Jerome Jr | Pres of b1Bank | M - OptEx | — | +2,526 | 25.7K | +11% | — |
| D | 2025-12-16 | 2025-12-12 | BFST | Vascocu Norman Jerome Jr | Pres of b1Bank | M - OptEx | — | -2,526 | 13.2K | -16% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | COMMON STOCK | 2025-12-12 | D | D | 2,526 | $27.71 | 23,195 | D | — | — | (F4) These shares were acquired upon the partial vesting of the previously reported time-based restricted stock units granted to the reporting person on December 12, 2024. The reporting person has irrevocably elected to defer the reported securities under the b1BANK Deferred Compensation Plan (the "Deferred Compensation Plan"). In accordance with the Deferred Compensation Plan, the reporting person has elected to received cash in an amount equal to the vested securities under the Deferred Compensation Plan, plus any earnings or losses attributable thereto, distributed in equal annual installments over a 10-year period commencing on the first business day of the month following the month in with the reporting person's separation of service occurs. (F1) Includes 3,776 shares of unvested restricted stock granted on February 1, 2024, which will vest on March 31, 2026. Under the terms of the relevant restricted stock grants, the reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events. |
| 2 | Common | COMMON STOCK | 2025-12-12 | M | A | 2,526 | — | 25,721 | D | — | — | (F2) The reporting person received an award of 7,657 time-based restricted stock units on December 12, 2024, vesting in three substantially equal installments on the first, second, and third anniversary of the issuance date. (F1) Includes 3,776 shares of unvested restricted stock granted on February 1, 2024, which will vest on March 31, 2026. Under the terms of the relevant restricted stock grants, the reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events. |
| 3 | Derivative | Restricted Stock Units | 2025-12-12 | M | D | 2,526 | — | 13,178 | D | — · — to — | 2,526 Common Stock | (F2) The reporting person received an award of 7,657 time-based restricted stock units on December 12, 2024, vesting in three substantially equal installments on the first, second, and third anniversary of the issuance date. (F3) Includes: (a) 5,131 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; and (b) 8,047 time-based restricted stock units granted to the reporting person on March 1, 2025, of which 2,655 shares will vest on March 1, 2026, 2,655 shares will vest on March 1, 2027, and the remaining 2,737 shares will vest on March 1, 2028. |