Form 4: BancFirst Corp Director David Rainbolt Reports Significant Share Transactions
SEC Form 4
David Rainbolt, a Director and Executive Officer of BancFirst Corp, reports the distribution of shares from trusts and acquisitions/dispositions related to BF Bank Partners LP.
Summary
- On August 14, 2024, David Rainbolt, an Executive & Director of BancFirst Corp, reported transactions involving the company's common stock.
- Three trusts, for which Rainbolt serves as trustee, were removed as partners from BF Bank Partners LP, resulting in a distribution of 690,000 shares.
- Rainbolt retains control of these shares.
- Rainbolt also reported the acquisition of 230,000 shares and disposition of 230,000 shares through BF Bank Partners LP.
- Following these transactions, Rainbolt beneficially owns 4,310,000 shares indirectly through BF Bank Partners, LP and 230,000 shares directly.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing share transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the holdings and activities of company executives and directors.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the holdings and activities of a key executive and director.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of earliest transaction (share distribution and acquisition/disposition) |
| 08/15/2024 | Date of signature by Power of Attorney |
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