Day Rick D. 4

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.