RAINBOLT DAVID E 4

What Happened
David E. Rainbolt, a reported 10% owner of BancFirst Corp. (BANF), sold a total of 15,220 BancFirst shares in two open-market transactions. On 2026-05-06 he sold 6,219 shares at $115.07 each for $715,623, and on 2026-05-07 he sold 9,001 shares at $115.11 each for $1,036,066 — total proceeds about $1,751,689. These transactions are sales (code S), which are often routine transfers of existing holdings rather than purchases that signal increased insider conviction.

Key Details

• Transaction dates and prices:
  • 2026-05-06: 6,219 shares @ $115.07 = $715,623
  • 2026-05-07: 9,001 shares @ $115.11 = $1,036,066
• Total shares sold: 15,220; total proceeds: ~$1.75 million.
• Filing date: 2026-05-07 (appears to have been filed promptly the next day).
• Shares held after transaction: not provided in the summary data here — see the full SEC Form 4 for post-transaction beneficial ownership.
• Footnotes / holdings: shares are held in various trusts and entities — David and Kim Rainbolt Foundation (F1), David E. Rainbolt Trust (F2), Dana Kim Rainbolt Revocable Trust (F3), and BF Bank Partners, LP where Rainbolt is General Partner (F4).

Context

• As a 10% owner, Rainbolt’s transactions reflect dispositions by a major shareholder; this is different from routine executive purchases or option exercises. Sales by large shareholders can be for many non-operational reasons (estate planning, tax/liquidity needs, transfers into entities), so they should not be taken alone as a signal about company prospects.
• No option exercises, grants, or gifts are reported in these transactions — only open-market sales.