Carroll Jason A 4

What Happened

• Jason A. Carroll, Chief Risk Officer of BancFirst Corp (BANF), had restricted stock units (RSUs) converted to common shares and reported two derivative transactions on April 20, 2026: 200 shares acquired at $0.00 (conversion of RSUs) and 200 shares disposed at $106.72 each for a total of $21,344. The filing reflects RSU vesting and a simultaneous disposition of shares.

Key Details

• Transaction date: 2026-04-20
• Acquired: 200 shares reported at $0.00 (conversion of RSUs)
• Disposed: 200 shares sold/removed at $106.72 for $21,344 (reported as a derivative disposition)
• Footnotes: F1 = RSU with 6-year, 20% vesting schedule; F2 = shares vested 2026-03-29 during blackout and were released 2026-04-20; F3–F5 note no exercise price, exercisable date, or expiration for this award type
• Shares owned after the transaction: not specified in the supplied filing
• Timeliness: filing date equals transaction date (no late filing indicated)

Context

• The transactions reflect RSU vesting (conversion of an equity award to shares) and a simultaneous disposition of an equal number of shares. Filings like this commonly include disposals associated with vesting (for example, to cover taxes), but the Form 4 does not explicitly state the reason for the disposition. This activity is routine for award vesting and does not, by itself, indicate a broader view of the insider’s market sentiment.