Business First Bancshares BFST Insider Ownership

NASDAQ BFST

$31.57 +0.51 (+1.64%)

At close: Oct 20, 2026 · 4:00 PM EDT

Insider Holdings by Owner

3.17Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

4.70%

▼-0.326% pp QoQ

Shares Held by Insiders

1.53Mn

filed for Sep 2026

▼-6.50% QoQ

Shares Outstanding

32.59Mn

32,589,951 shares

Direct Holdings

1.45Mn

Indirect: 77.84K

Net Shares Traded (QoQ)

-106.40K

net selling in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

Over the trailing 12 months, BFST insiders bought $131,023 worth of shares (4.72K shares) and sold $6.61 million worth (220.67K shares) in open-market trades.

Business First Bancshares' open-market purchases in the past 12 months came from 2 insiders, and its sales from 8 insiders.
Among Business First Bancshares' insiders, the largest open-market purchases in the past 12 months were by Rick D. Day (Director), totaling $127,476 (4.6K shares), most recently on July 28, 2026.
On the selling side, George W. Cummings III (Director) sold the most Business First Bancshares stock on the open market over the past 12 months, $5.2 million (175.03K shares), most recently on August 24, 2026.
Apart from open-market trades, BFST insiders received 1.95K shares in stock awards, acquired 28.86K shares through option exercises and conversions and gave up 18.58K shares to cover taxes or exercise prices in the past 12 months.
Per Business Quant data, Business First Bancshares insiders hold 1.53Mn shares in total based on their latest Form 4 filings, down 6.50% from 1.64Mn shares at the end of Q2 2026 and up 3.72% from 1.48Mn shares at the end of Q3 2025.
Direct holdings account for 1.45Mn shares (94.92%) of BFST's insider total, and indirect holdings through trusts, partnerships and family members for 77.84K shares (5.08%).
Business Quant counts 27 insiders with holdings in Business First Bancshares stock, among the officers, directors and 10% owners who have filed a Form 4 in the past two years.
Business First Bancshares' three biggest insider holders are Rick D. Day (Director, 269.9K shares), David R. Melville III (President and CEO, 208.9K shares) and George W. Cummings III (Director, 183.75K shares), based on their latest Form 4 filings.
Rick D. Day holds 17.62% of the combined insider position in Business First Bancshares.
Institutions held 57.94% of Business First Bancshares' outstanding shares in their Q2 2026 13F filings, insiders about 4.70% based on their latest Form 4 filings, and other investors, including the public, the remaining 37.36%.
In the past year, 25 insiders of Business First Bancshares submitted 71 Form 4 filings reporting trades, awards or other transactions.
Insider figures for BFST include Form 4 filings through August 25, 2026.

Form 4 Holdings

Insiders Holding BFST

Insiders 33

Shares held 3.17Mn

Of outstanding 9.73%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Rick D. Day	Director	530,886	0	530,886	16.7%	29 Jul, 2026
2	George W. Iii Cummings	Director	512,520	0	512,520	16.2%	25 Aug, 2026
3	Joseph Vernon Johnson	Director	400,604	0	400,604	12.6%	30 Jul, 2026
4	David R. Iii Melville	President And Ceo	390,741	0	390,741	12.3%	02 Apr, 2026
5	Rolfe H. Jr. Mccollister	Director	186,376	0	186,376	5.9%	29 Jun, 2026
6	Greg Robertson	Evp And Cfo	130,033	0	130,033	4.1%	02 Apr, 2026
7	Philip Jordan	Evpcbo Of B1Bank	125,340	0	125,340	4.0%	02 Apr, 2026
8	Keith Mansfield	Evpcoo Of B1Bank	118,767	0	118,767	3.7%	31 Jul, 2026
9	Mark P. Folse	Evp,Chief Risk Officer B1Bank	107,588	0	107,588	3.4%	29 Jun, 2026
10	Kenneth W. Smith	Director	102,979	0	102,979	3.2%	29 Apr, 2024
11	Andrew D. Mclindon	Director	82,479	0	82,479	2.6%	29 Apr, 2024
12	James J. Iii Buquet	Director	74,210	0	74,210	2.3%	05 Aug, 2025
13	Patrick E. Mockler	Director	51,206	0	51,206	1.6%	29 Jun, 2026
14	Jesse Jackson	Evp Pres., Fin. Institutions	36,308	0	36,308	1.1%	02 Apr, 2024
15	Warren Mcdonald	Evp Chief Credit Officer	33,290	0	33,290	1.0%	02 Apr, 2026
16	Steven Gerard White	Director	28,844	0	28,844	0.9%	29 Jun, 2026
17	Margaret Singer Lee	Evp,Chief Hr Officer Of B1Bank	27,801	0	27,801	0.9%	04 Apr, 2023
18	David A. Jr. Montgomery	Director	27,520	0	27,520	0.9%	29 Jun, 2026
19	John P. Ducrest	Director	25,207	0	25,207	0.8%	29 Jun, 2026
20	William G. Hall	Director	20,990	3,550	24,540	0.8%	07 Aug, 2026
21	Robert S. Jr. Greer	Chairman Of The Board	24,265	0	24,265	0.8%	09 May, 2023
22	Arthur Price	Director	22,344	0	22,344	0.7%	29 Jun, 2026
23	Norman Jerome Jr Vascocu	President Of B1Bank	21,595	0	21,595	0.7%	02 Apr, 2026
24	Heather G. Roemer	Evp, Cao	19,064	0	19,064	0.6%	02 Apr, 2026
25	Kathryn Manning	Evp Chief Risk Officer	15,791	0	15,791	0.5%	02 Apr, 2026
26	Donald Chad Carter	Evp, Correspondent Banking	12,642	0	12,642	0.4%	07 Aug, 2026
27	Carol Calkins	Director	11,892	0	11,892	0.4%	22 Aug, 2024
28	Keith Alexis Tillage	Director	11,802	0	11,802	0.4%	29 Jun, 2026
29	Saundra Strong	Evp General Counsel	5,527	0	5,527	0.2%	06 Aug, 2026
30	Aimee M Quirk	Director	4,050	0	4,050	0.1%	29 Jun, 2026
31	Drew C. Brees	Director	3,608	0	3,608	0.1%	09 May, 2023
32	Zeenat Sidi	Director	1,674	0	1,674	0.1%	29 Jun, 2026
33	Alejandro M Sanchez	Director	1,016	0	1,016	0.0%	29 Jun, 2026

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

570 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
21 Aug, 2026	George W. Iii Cummings	Director	Disposed S	4,200	$31.27	$131.33K	193,745	Direct
24 Aug, 2026	George W. Iii Cummings	Director	Disposed S	10,000	$31.33	$313.30K	183,745	Direct
19 Aug, 2026	George W. Iii Cummings	Director	Disposed S	3,235	$31.80	$102.87K	197,945	Direct
18 Aug, 2026	George W. Iii Cummings	Director	Disposed S	10,000	$31.78	$317.80K	201,180	Direct
05 Aug, 2026	William G. Hall	Director	Disposed S	9,723	$31.97	$310.84K	0	Indirect
06 Aug, 2026	Donald Chad Carter	Evp, Correspondent Banking	Disposed S	1,875	$31.64	$59.33K	12,642	Direct
05 Aug, 2026	William G. Hall	Director	Disposed S	1,666	$31.97	$53.26K	3,550	Indirect
05 Aug, 2026	Saundra Strong	Evp General Counsel	Disposed S	1,000	$31.98	$31.98K	4,878	Direct
03 Aug, 2026	George W. Iii Cummings	Director	Disposed S	10,000	$31.87	$318.70K	211,180	Direct
30 Jul, 2026	George W. Iii Cummings	Director	Disposed S	10,000	$32.08	$320.80K	231,180	Direct
30 Jul, 2026	Keith Mansfield	Evpcoo Of B1Bank	Disposed S	4,200	$32.08	$134.74K	77,139	Direct
31 Jul, 2026	George W. Iii Cummings	Director	Disposed S	10,000	$31.50	$315.00K	221,180	Direct
28 Jul, 2026	George W. Iii Cummings	Director	Disposed S	10,000	$31.86	$318.60K	251,180	Direct
28 Jul, 2026	Joseph Vernon Johnson	Director	Disposed S	10,000	$31.75	$317.50K	174,073	Direct
29 Jul, 2026	Joseph Vernon Johnson	Director	Disposed S	2,000	$31.15	$62.30K	172,073	Direct
29 Jul, 2026	George W. Iii Cummings	Director	Disposed S	10,000	$31.88	$318.80K	241,180	Direct
28 Jul, 2026	Rick D. Day	Director	Acquired P	1,500	$31.61	$47.42K	269,901	Direct
26 Jun, 2026	Patrick E. Mockler	Director	Acquired M	1,016	—	—	33,159	Direct
26 Jun, 2026	William G. Hall	Director	Acquired M	1,016	—	—	20,990	Direct
26 Jun, 2026	Rick D. Day	Director	Acquired M	1,016	—	—	268,401	Direct

Showing 1 to 20 of 570 transactions