Form 4: Business First Bancshares Director Sells Shares
SEC Form 4 Filing
Mark P. Folse, a director at Business First Bancshares, sold 154 shares of common stock at $24.50 per share on August 30, 2024.
Summary
- On August 30, 2024, Mark P. Folse, a director of Business First Bancshares, Inc. (BFST), sold 154 shares of the company's common stock.
- The transaction was executed at a price of $24.50 per share.
- Following the transaction, Folse directly owns 70,632 shares of Business First Bancshares common stock.
- This includes 1,149 shares of restricted stock granted on April 25, 2024, which will vest on April 26, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. The sale is a small percentage of the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of restricted stock grant (1,149 shares) |
| 04/26/2025 | Vesting date for restricted stock |
| 08/30/2024 | Date of transaction (sale of 154 shares) |
| 09/04/2024 | Date of Form 4 filing |
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