Vascocu Norman Jerome Jr 4

4 · Business First Bancshares, Inc. · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

Business First (BFST) President Norman Vascocu Jr. Surrenders 1,600 Shares

What Happened

Norman Jerome Vascocu Jr., President of b1Bank (Business First Bancshares, BFST), surrendered 1,600 shares on 2026-03-31 to satisfy a tax liability related to equity awards. The shares were valued at $27.04 each, for a total of $43,264. This transaction is recorded under code F (payment of exercise price or tax liability), which typically reflects withholding of shares to cover taxes rather than an open-market sale.

Key Details

Transaction date: 2026-03-31; Filing date (Form 4): 2026-04-02 (Accession: 0001437749-26-011120).
Shares surrendered/disposed: 1,600 at $27.04 each; total value $43,264.
Transaction type/code: F — payment of tax liability (share withholding).
Shares owned after transaction: not specified in the provided filing details.
Filing timeliness: No late filing indicator provided in the data supplied.

Context

The filing’s footnote (F1) shows the reporting person holds multiple time-based restricted stock units (RSUs) with future vesting schedules: 5,131 RSUs granted 12/12/2024 (vest in two installments on yrs 2 & 3); 5,392 RSUs granted 3/1/2025 (vest in two installments on yrs 2 & 3); 1,577 RSUs granted 3/2/2026 (vest in three annual installments); and 6,309 RSUs granted 3/2/2026 (vest in three annual installments). The surrendered shares likely represent withholding to cover taxes on vested equity rather than a directional bet on the stock.

Form 4

Period: 2026-03-31

President of b1Bank

Transactions

Holdings

Restricted Stock Units
[F1]
Exercise: $0.00→ Common Stock (18,409 underlying)
18,409

Footnotes (1)

[F1]Includes: (a) 5,131 time-based restricted stock units granted to the reporting person on December 12, 2024, which will vest in two substantially equal installments on the second and third anniversary of the issuance date; (b) 5,392 time-based restricted stock units granted to the reporting person on March 1, 2025, which will vest in two substantially equal installments on the second and third anniversary of the issuance date; (c) 1,577 time-based restricted stock units granted to the reporting person on March 2, 2026, which will vest in three substantially equal installments on the first, second, and third anniversary of the issue date; and (d) 6,309 time-based restricted stock units granted to the reporting person on March 2, 2026, which will vest in three substantially equal installments on the first, second, and third anniversary of the issue date.

Signature

/s/ Heather Roemer, as attorney-in-fact for Norman Jerome Vascocu, Jr.|2026-04-02

1 file