Business First Bancshares, Inc.·4

Jun 29, 6:21 PM ET

Quirk Aimee M 4

Research Summary

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Updated

Business First Bancshares (BFST) Director Aimee Quirk Receives RSUs, Converts 1,016

What Happened

  • Aimee Quirk, a director of Business First Bancshares, Inc. (BFST), received a grant of 998 time‑based restricted stock units (RSUs) on June 25, 2026, and the filing also shows a conversion/exercise of 1,016 RSUs on June 26, 2026 with a same‑day disposition reported. The Form 4 lists no per‑share prices or total dollar values (N/A).
  • These transactions are compensation‑related (RSU award and conversion), not open‑market purchases or discretionary sales.

Key Details

  • Transaction dates: RSU grant on 2026‑06‑25 (998 RSUs); conversion/exercise on 2026‑06‑26 (1,016 RSUs acquired and disposed as reported).
  • Prices/values: Per‑share price and total value are reported as N/A in the filing.
  • Shares owned after transaction: Not reported in the provided Form 4 summary.
  • Footnotes:
    • F1: The 998 RSUs granted 6/25/2026 are time‑based, vesting on 6/25/2027 and subject to forfeiture under certain conditions. Each RSU equals one share.
    • F2: The 1,016 RSUs converted on 6/26/2026 were originally awarded on 6/26/2025 and vested on their first anniversary.
  • Filing timing: Form 4 was filed 2026‑06‑29 for transactions on 6/25–6/26; the filing date falls within the typical two‑business‑day reporting window for Form 4s.

Context

  • These entries reflect equity compensation mechanics: an RSU grant (future compensation) and the conversion/settlement of previously granted RSUs upon vesting. The filing shows the conversion and an immediate disposition of the converted shares on the same day; the Form 4 does not state the reason for the disposition (e.g., sale, tax withholding, or transfer).
  • Because these are compensation awards and vesting events rather than open‑market buys or discretionary sales, they generally reflect company compensation practices rather than a clear personal bullish or bearish trading signal.