Day Rick D. 4
4 · Business First Bancshares, Inc. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
Business First (BFST) Director Rick D. Day Buys 1,500 Shares
What Happened
- Rick D. Day, a director of Business First Bancshares, Inc. (BFST), acquired 1,500 shares on January 27, 2026. The shares were reported at $27.55 each, for a total transaction value of $41,325. This filing reports a purchase (code P), which increases the insider's stake rather than a sale.
Key Details
- Transaction date and price: 2026-01-27, 1,500 shares @ $27.55.
- Transaction type: Reported as an open-market or private purchase (SEC code P).
- Shares owned after transaction: Not disclosed in the provided filing data.
- Footnote: The filing notes previously granted time-based restricted stock units (RSUs) awarded June 26, 2025 under the 2024 Equity Incentive Plan; those RSUs vest on June 26, 2026 and are subject to forfeiture under certain conditions.
- Filing timeliness: Reported on the same day (Period of Report and Filed date 2026-01-27), with no late-filing indication.
Context
- Purchases by directors can signal personal conviction, but are one data point among many; the transaction size ($41k) is modest. The RSU footnote refers to a separate, earlier grant that vests in mid-2026 and does not affect this open-market purchase.
Insider Transaction Report
Form 4
Day Rick D.
Director
Transactions
- Purchase
COMMON STOCK
2026-01-27$27.55/sh+1,500$41,325→ 267,385 total
Holdings
- 1,016
Restricted Stock Units
[F1]Exercise: $0.00→ Common Stock (1,016 underlying)
Footnotes (1)
- [F1]The time-based restricted stock units were granted to the reporting person on June 26, 2025 under the Business First Bancshares, Inc. 2024 Equity Incentive Plan. The time-based restricted stock units will fully vest on June 26, 2026. Each time-based restricted stock unit is economically equivalent to one share of common stock of the issuer. Under the terms of the relevant restricted stock unit grant, the reported unvested restricted stock units are subject to forfeiture upon the occurrence of certain events.
Signature
/s/ Heather Roemer, as attorney-in-fact for Rick D. Day|2026-01-27