Business First Bancshares (BFST) Director Rick D. Day Buys Stock

What Happened
Rick D. Day, a director of Business First Bancshares, purchased 1,500 shares of BFST common stock in an open-market transaction on July 28, 2026, at $31.61 per share, for a total cost of $47,415. This was a purchase (transaction code P), which is generally read as a direct acquisition of shares rather than a sale.

Key Details

• Transaction date: 2026-07-28; Filing date (Form 4): 2026-07-29 (appears to be timely).
• Price: $31.61 per share; Shares purchased: 1,500; Total value: $47,415.
• Transaction type: Open market purchase (P).
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnote F1: The filer also has time-based restricted stock units (granted June 25, 2026 under the 2024 Equity Incentive Plan) that vest in full on June 25, 2027; each RSU equals one share and unvested units are subject to forfeiture under specified conditions.

Context
This was a straight open-market purchase by a company director. Purchases by insiders are often highlighted because they represent direct buying of company stock, but they do not by themselves indicate future company performance. The reported RSUs are a separate equity award with a one-year vesting period and potential forfeiture conditions.