RAINBOLT DAVID E 4
Research Summary
AI-generated summary
BANCFIRST (BANF) 10% Owner David Rainbolt Gifts 225,000 Shares
What Happened
David E. Rainbolt, a reported 10% owner and general partner related to BancFirst (BANF), reported a gift of 225,000 shares to the David & Kim Rainbolt Foundation and several non‑cash transfers on Jan. 30 and Feb. 3, 2026. All transactions were reported at $0.00 per share (no cash proceeds). The filings show: a 225,000‑share acquisition on Jan. 30 (distribution of partnership shares), a 225,000‑share gift on Feb. 3, a 269,223‑share disposition on Jan. 30 related to BF Bank Partners, LP, a 38,085‑share acquisition (ESOP → IRA movement) on Jan. 30, and two small 188‑share movements on Feb. 3 between trusts/accounts.
Key Details
- Transaction dates and codes: Jan 30, 2026 and Feb 3, 2026; primary codes used were J (other acquisition/disposition) and G (gift). All reported at $0.00 per share.
- Notable counts: 225,000 shares gifted (G) to the David & Kim Rainbolt Foundation; 269,223 shares disposed from BF Bank Partners, LP; 38,085 shares moved from ESOP to IRA; two 188‑share trust/account transfers.
- Footnotes: F1 = distribution of partnership shares; F3 = gift to David & Kim Rainbolt Foundation; F4 = shares held at BF Bank Partners, LP (Rainbolt is GP); F5 = ESOP → IRA move; F2/F6 reference shares held in Rainbolt trusts.
- Shares owned after the transactions: not specified in the supplied filing excerpt.
- Timing: Transactions on Jan. 30 were reported on Form 4 filed Feb. 3, 2026 — outside the standard two-business‑day reporting window for Jan. 30 trades, so these filings may be late.
Context
Gifts and intra‑entity transfers are administrative and estate/planning moves and do not reflect open‑market selling pressure or an ordinary brokerage sale. As a reported 10% owner and general partner of an entity holding shares, Rainbolt’s movements largely reflect reallocation among partnership, trust, IRA, and foundation accounts rather than market purchases or cash sales.