BancFirst (BANF) 10% Owner David E. Rainbolt Sells Shares
$BANF · BANCFIRST CORP /OK/Research Summary
AI-generated summary of this SEC filing
BancFirst (BANF) 10% Owner David E. Rainbolt Sells Shares
What Happened
David E. Rainbolt, reported as a 10% owner of BancFirst Corp (BANF), sold 11,497 shares on 2026-08-03 at $115.09 per share, generating proceeds of approximately $1,323,183. The sale was reported on a Form 4 filed 2026-08-04 and is listed as an open-market or private sale (transaction code S). Sales are generally routine dispositions and do not necessarily indicate a change in company outlook.
Key Details
- Transaction date and price: 2026-08-03 at $115.09 per share (11,497 shares; ~$1,323,183 total).
- Filing date: Form 4 filed 2026-08-04 (timely filing).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes / holdings: shares are held in entities/trusts — David E. Rainbolt Trust (amended 12/14/2017), Dana Kim Rainbolt Revocable Trust, and BF Bank Partners, LP (Rainbolt is General Partner).
- Transaction code: S = Sale.
Context
As a 10% owner (rather than an executive-specific title), Rainbolt’s transactions reflect large-holder activity; such sales can be for portfolio, tax, or estate reasons and shouldn’t be read alone as a statement about company fundamentals. No option exercises, awards, or gifts were reported in this transaction.