Cummings George W. III 4

What Happened

• George W. Cummings III, a director of Business First Bancshares, reported an open-market or private sale of 11,000 shares of the company's common stock on March 4, 2026. The shares were sold at $27.60 per share for proceeds of approximately $303,600. This is a sale (not a purchase) and is generally treated as routine insider selling unless other context is provided.

Key Details

• Transaction date and price: March 4, 2026 — 11,000 shares at $27.60 each.
• Total proceeds: about $303,600.
• Filing date: Form 4 filed March 6, 2026 (appears timely relative to the March 4 transaction).
• Shares owned after transaction: not stated in the provided excerpt of the filing.
• Footnote: the filing notes that the insider’s holdings include 223,669 pledged shares of common stock.
• No 10b5-1 plan, tax-withholding sale, or other exception was noted in the provided information.

Context

• This report documents a disposition (sale) by a company director. Sales are common and do not, by themselves, indicate the insider’s view of the company’s prospects. The pledged-shares footnote means some shares the insider beneficially owns are pledged (often as loan collateral), which is a separate disclosure from this sale.