BancFirst (BANF) Director Kimberly Kay Ingram Exercises and Sells 500 Shares

What Happened

• Kimberly Kay Ingram, a director of BancFirst Corp. (BANF), executed a derivative conversion (code M) on 2026-08-30 that resulted in the acquisition of 500 shares at $110.55 per share (total $55,275) and a simultaneous disposal of 500 shares at the same price (total $55,275). This appears to be an exercise/conversion of a derivative with an immediate sale of the acquired shares (net result: no new shares retained).

Key Details

• Transaction date: 2026-08-30; Filing date: 2026-08-31 (appears timely).
• Acquisition: 500 shares @ $110.55 = $55,275 (code M).
• Disposal: 500 shares @ $110.55 = $55,275 (derivative disposition).
• Shares owned after transaction: not specified in the filing.
• Footnotes from the filing:
  • F1: RSU with a 6-year, 20% vesting schedule.
  • F2: No exercise price for this type of award.
  • F3: No exercisable date for this type of award.
  • F4: No expiration date for this type of award.
• No 10b5-1 plan, tax-withholding detail, or late-filing flag was reported in the provided data.

Context

• The matching acquisition and disposal (same date, quantity, and price) indicates the exercised derivative shares were sold immediately — commonly a cashless exercise or sale-to-cover, though the filing does not specify the exact mechanism. Derivative code M means an exercise/conversion of a derivative security into common stock rather than an open-market purchase.