Form 4 for BFST Business First Bancshares, Inc.
Accepted 2026-03-03 00:00:00 ET · period of report 2026-03-01 · accession 0001437749-26-006731 · 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 | 2026-03-03 | 2026-03-01 | BFST | Strong Saundra | EVP, GC | M - OptEx | — | +1,338 | 8,046 | +20% | — |
| D | 2026-03-03 | 2026-03-01 | BFST | Strong Saundra | EVP, GC | D - Sale to Iss | $27.30 | -669 | 7,082 | -9% | -$18.3K |
| D | 2026-03-03 | 2026-03-01 | BFST | Strong Saundra | EVP, GC | F - Tax | $27.30 | -295 | 7,751 | -4% | -$8,054 |
| D | 2026-03-03 | 2026-03-01 | BFST | Strong Saundra | EVP, GC | M - OptEx | — | -1,338 | 5,298 | -20% | — |
| DM | 2026-03-03 | 2026-03-02 | BFST | Strong Saundra | EVP, GC | A - Grant | — | +4,079 | 6,113 | +201% | — |
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 | 2026-03-01 | M | A | 1,338 | — | 8,046 | D | — | — | (F2) The reporting person received an award of 4,052 time-based restricted stock units on March 1, 2025, vesting in three substantially equal installments on the first, second, and third anniversary of the issuance date. (F1) Includes 2,732 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 | 2026-03-01 | D | D | 669 | $27.30 | 7,082 | D | — | — | (F3) These shares were acquired upon the partial vesting of the previously reported time-based restricted stock units granted to the reporting person on March 1, 2025. 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 will receive a lump sum cash distribution in an amount equal to the vested securities deferred under the Deferred Compensation Plan, plus any earnings or losses attributable thereto, on the first business day following the month in which the reporting person's separation of service, death, or disability occurs. (F1) Includes 2,732 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 | Common | COMMON STOCK | 2026-03-01 | F | D | 295 | $27.30 | 7,751 | D | — | — | (F1) Includes 2,732 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. |
| 4 | Derivative | Restricted Stock Units | 2026-03-01 | M | D | 1,338 | — | 5,298 | D | — · — to — | 1,338 Common Stock | (F2) The reporting person received an award of 4,052 time-based restricted stock units on March 1, 2025, vesting in three substantially equal installments on the first, second, and third anniversary of the issuance date. |
| 5 | Derivative | Restricted Stock Units | 2026-03-02 | A | A | 3,264 | — | 9,377 | D | $0.00 · — to — | 3,264 Common Stock | (F5) Reflects the grant of 3,264 time-based restricted stock units granted to the reporting person on March 2, 2026, of which 1,088 shares will vest on March 2, 2027, 1,088 shares will vest on March 2, 2028, and the remaining 1,088 shares will vest on March 2, 2029. Each time-based restricted stock unit is economically equivalent to one share of common stock of the issuer. The reporting person has irrevocably elected to defer the reported securities under the Deferred Compensation Plan. In accordance with the Deferred Compensation Plan, the reporting person will receive a lump sum cash distribution in an amount equal to the vested securities deferred under the Deferred Compensation Plan, plus any earnings or losses attributable thereto, on the first business day following the month in which the reporting person's separation of service, death, or disability occurs. (F6) Includes: (a) 2,584 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; (b) 2,714 time-based restricted stock units granted to the reporting person on March 1, 2025, which will vest in two substantially equal installments on the second and third anniversary of the issuance date; (c) 815 time-based restricted stock units granted to the reporting person on March 2, 2026, which will vest in three substantially equal installments on the first, second, and third anniversary of the issuance date; and (d) 3,264 time-based restricted stock units, which will vest in three substantially equal installments on the first, second, and third anniversary of the issuance date. |
| 6 | Derivative | Restricted Stock Units | 2026-03-02 | A | A | 815 | — | 6,113 | D | $0.00 · — to — | 815 Common Stock | (F4) Reflects the grant of 815 time-based restricted stock units granted to the reporting person on March 2, 2026, of which 271 shares will vest on March 2, 2027, 271 shares will vest on March 2, 2028, and the remaining 273 shares will vest on March 2, 2029. Each time-based restricted stock unit is economically equivalent to one share of common stock of the issuer. |