Business First (BFST) EVP & COO Keith Mansfield Sells 4,200 Shares

What Happened
Keith Mansfield, EVP & Chief Operating Officer of Business First Bancshares (b1Bank) and a reporting insider, sold 4,200 shares of BFST stock in an open-market sale on July 30, 2026. The weighted-average sale price was $32.08 per share, producing gross proceeds of $134,736. This was a sale (not a purchase or option exercise), a routine disposition of shares rather than an indicator of a new ownership position.

Key Details

• Transaction date: July 30, 2026. Report filed July 31, 2026 (timely).
• Price: Weighted average $32.08; individual trades ranged from $31.98 to $32.14 (filing footnote).
• Shares sold: 4,200; gross proceeds: $134,736.
• Shares owned after transaction: Not explicitly stated in the filing. Footnotes note 27,000 shares held in the reporting person’s investment retirement account and 13,374 unvested restricted stock units (3,722 + 3,912 + 5,740) subject to scheduled vesting.
• Footnotes: F1 discloses multiple trades and weighted-average pricing; F2 references 27,000 IRA-held shares; F3 details unvested time-based RSUs with staggered vesting.
• Filing timeliness: Filed the next day (timely), no late-filing flag in the report.

Context

• This transaction was a sale — common among insiders for diversification, tax planning, or liquidity — and is generally less informative about management’s near-term view than purchases.
• The RSUs described in the filing are time-based and vest in future installments (per F3), so those units are not immediately liquid.