Molepske Michael B. 4

What Happened
Michael B. Molepske, Chairman & CEO and a director of Bank First Corp (BFC), received a restricted/share award of 4,470 shares on 2026-03-06 at a reported price of $135.23 per share (total value $604,478). To satisfy tax withholding obligations, 2,277 of those shares were withheld (disposed) at the same per-share amount for $307,919, leaving a net issuance of 2,193 shares to Molepske (net value ≈ $296,559).

Key Details

• Transaction date: 2026-03-06; filing date: 2026-03-10 (filed within the normal Form 4 reporting window).
• Award: 4,470 shares @ $135.23 each = $604,478 (code A — grant/award).
• Withholding: 2,277 shares @ $135.23 each = $307,919 withheld for tax liability (code F — tax withholding).
• Net shares issued to insider: 2,193 shares (≈ $296,559).
• Shares owned after transaction: not stated in the provided details — check the full Form 4 for total beneficial ownership.
• Notes: Code A = award/grant; Code F = shares withheld to satisfy tax withholding (common for equity compensation).

Context
This was a compensation-related grant with shares withheld for taxes, not an open-market purchase or discretionary sale. Such award grants are routine executive compensation and do not, by themselves, indicate the insider’s view of the stock — though they do increase the insider’s stake when net shares are retained.