Andrus Hannah 4

What Happened
Andrus Hannah, Chief Financial Officer of BancFirst Corp (BANF), had 800 restricted stock units (RSUs) converted into 800 common shares on 2026-04-17. The Form 4 records an "exercise/conversion of derivative (M)" acquiring 800 shares at $0.00 and a matching derivative disposition of 800 shares at $0.00. Footnotes state these were RSUs (6-year, 20% vesting schedule) that vested on 2026-03-29 during a blackout and were released to Hannah on 2026-04-17.

Key Details

• Transaction date: 2026-04-17; Form 4 filed: 2026-04-20.
• Price: $0.00 per share (no cash exercise price for this award).
• Reported transactions: acquisition (conversion) of 800 shares and a corresponding derivative disposition of 800 units (both recorded at $0).
• Shares owned after the transaction: not provided in the excerpt.
• Footnotes: F1 = RSU with 6-year/20% vesting schedule; F2 = shares vested 3-29-26 and were released 4-17-26; F3–F5 = no exercise price, no exercisable date, no expiration date for this award.
• Timeliness: filing date (4/20/2026) follows the 4/17/2026 transaction and appears to be filed within the normal Form 4 filing window.

Context
This is a settlement of vested RSUs (an award being converted into common shares), not a market purchase or sale. The entries show no cash paid by the insider and do not indicate an immediate open‑market sale of the acquired shares. Such award vesting is routine compensation-related activity and is different from an insider buying stock with personal funds (which some investors view as a stronger bullish signal).