RAINBOLT DAVID E 4/A
Research Summary
AI-generated summary
BancFirst (BANK) 10% Owner David Rainbolt Gifts 225,000 Shares
What Happened David E. Rainbolt, a reported 10% owner of BancFirst (BANK), gifted 225,000 shares of BancFirst on February 3, 2026. The reported transaction is a gift (code G) at $0.00 per share (total reported value $0). An amended Form 4 was filed March 26, 2026 to clarify these shares are an indirect holding for the David and Kim Rainbolt Foundation.
Key Details
- Transaction date: 2026-02-03 — Gift of 225,000 shares at $0.00 per share (total $0).
- Amended filing date: 2026-03-26 (correction to the original Form 4 filed 2026-02-03).
- Footnote: Rainbolt votes these shares for the Foundation (Footnote F1).
- Shares owned after the transaction: not specified in the provided excerpt.
- Timeliness: This is an amended filing correcting the original report; the amendment was filed ~7 weeks after the transaction.
Context Gifts are not purchases or sales and do not, by themselves, indicate the insider’s market view. For 10% owners like Rainbolt, gifts to a foundation often reflect estate planning or charitable activity; the filing notes Rainbolt retains voting power over these shares for the Foundation. This report is informational and should not be taken as a signal to buy or sell BancFirst stock.