RAINBOLT DAVID E 4
Research Summary
AI-generated summary
BANCFIRST (BANF) 10% Owner David E. Rainbolt Sells Shares
What Happened
- David E. Rainbolt, a 10% owner of BANCFIRST (BANF), sold a total of 24,819 shares in two open-market transactions. He sold 205 shares on 2026-04-27 at $115.01 ($23,577) and 24,614 shares on 2026-04-28 at $115.55 ($2,844,209), for aggregate proceeds of approximately $2,867,786. These were sales (S) reported on a Form 4.
Key Details
- Transaction dates and prices:
- 2026-04-27: 205 shares at $115.01 — $23,577
- 2026-04-28: 24,614 shares at $115.55 — $2,844,209
- Total shares sold: 24,819; total proceeds ≈ $2,867,786.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes / holding vehicles:
- F1: Shares held in the David E. Rainbolt Trust U/A Amended and Restated December 14, 2017.
- F2: Held under Dana Kim Rainbolt Revocable Trust.
- F3: Shares held at BF Bank Partners, LP (David E. Rainbolt is General Partner).
- Remarks: Shares sold are held indirectly in the David and Kim Rainbolt Foundation.
- Filing timeliness: No late-filing indication included in the provided data (Form filed 2026-04-28; Period of Report 2026-04-27).
Context
- As a 10% owner (major shareholder) rather than a named executive in these notes, Rainbolt’s sales may reflect personal or trust/foundation portfolio management rather than a company-specific trading signal. The filing documents indirect holdings across trusts and partnerships; these structures can be used for estate, tax, or charitable planning. The transactions were outright sales (not option exercises or gifts).