Eldred Steven M 4
4 · Bank First Corp · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Bank First Corp (BFC) Director Steven M. Eldred Sells Shares
What Happened
Steven M. Eldred, a director of Bank First Corp (BFC), sold a total of 16,000 shares in two open‑market transactions. On 2026-02-06 he sold 8,000 shares at $145.02 each for $1,160,160, and on 2026-02-11 he sold 8,000 shares at $151.95 each for $1,215,600 — a combined proceeds of $2,375,760. These were outright sales (not purchases or option exercises), which are commonly routine liquidity events rather than explicit statements about company fundamentals.
Key Details
- SEC Form 4 filed: 2026-02-12 (reporting period 2026-02-06)
- Transactions:
- 2026-02-06: Sold 8,000 shares @ $145.02 — $1,160,160
- 2026-02-11: Sold 8,000 shares @ $151.95 — $1,215,600
- Total shares sold: 16,000; total proceeds ≈ $2,375,760
- Shares owned after the transactions: not specified in the provided summary of the filing
- No 10b5‑1 plan, tax‑withholding, or other footnotes were indicated in the transaction details provided here
- Filing timeliness: Form 4 was filed on 2026-02-12 for trades on Feb 6 and Feb 11; no late‑filing flag noted in the provided information
Context
Sales by directors can be routine (portfolio rebalancing, tax/liquidity needs) and do not necessarily indicate a change in company outlook. Purchases tend to be more informative as bullish signals; this report documents only sales. For a complete view, retail investors may check the full Form 4 on the SEC EDGAR site for holdings after the trades or any additional footnotes.
Insider Transaction Report
- Sale
Common Stock
2026-02-06$145.02/sh−8,000$1,160,160→ 133,680 total - Sale
Common Stock
2026-02-11$151.95/sh−8,000$1,215,600→ 125,680 total
- 31,065(indirect: By Trust)
Common Stock
- 11,287(indirect: By Trust)
Common Stock
- 14,424(indirect: By Trust)
Common Stock