Bank First Corp·4

Feb 12, 12:40 PM ET

Eldred Steven M 4

Research Summary

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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.