BFST Insider Trading
Business First Bancshares, Inc. | State Commercial Banks
Comprehensive Trading Performance Summary
The investment history of corporate insiders at Business First Bancshares, Inc. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the State Commercial Banks sector.
Transactions on Chart
Open Full Chart| Filing Date | Trade Date | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After | Change, % |
|---|---|---|---|---|---|---|---|---|---|
| 2026-03-07 00:07 | 2026-03-04 | Cummings George W. III | Director | SELL | $27.60 | 11,000 | $303,600 | 317,775 | -3.3% |
| 2026-03-05 00:05 | 2026-03-02 | Cummings George W. III | Director | SELL | $27.43 | 10,000 | $274,276 | 328,775 | -3.0% |
| 2026-02-28 00:05 | 2026-02-25 | Cummings George W. III | Director | SELL | $28.00 | 20,000 | $560,000 | 338,775 | -5.6% |
| 2026-02-13 00:22 | 2026-02-10 | MCCOLLISTER ROLFE H. JR. | Director | BUY | $29.56 | 120 | $3,547 | 93,080 | +0.1% |
| 2026-02-12 00:05 | 2026-02-09 | Folse Mark P. | Director | SELL | $29.63 | 10,000 | $296,335 | 53,286 | -15.8% |
| 2026-01-31 00:42 | 2026-01-29 | Carter Donald Chad | Officer - EVP, Correspondent Banking | SELL | $27.27 | 3,778 | $103,026 | 13,863 | -21.4% |
| 2026-01-28 00:05 | 2026-01-27 | Day Rick D. | Director | BUY | $27.55 | 1,500 | $41,325 | 267,385 | +0.6% |
| 2025-12-03 01:40 | 2025-12-01 | ROBERTSON GREG | Officer - EVP and CFO | SELL | $26.41 | 1,400 | $36,974 | 67,835 | -2.0% |
| 2025-10-29 00:23 | 2025-10-28 | Day Rick D. | Director | BUY | $24.21 | 1,600 | $38,736 | 265,885 | +0.6% |
| 2025-08-25 23:05 | 2025-08-22 | Strong Saundra | Officer - EVP & General Counsel | SELL | $25.38 | 2,363 | $59,973 | 5,997 | -28.3% |
| 2025-08-05 23:20 | 2025-08-04 | Buquet James J. III | Director | SELL | $23.08 | 5,164 | $119,185 | 28,523 | -15.3% |
| 2025-08-01 23:05 | 2025-07-31 | Ducrest John P. | Director | BUY | $23.62 | 2,225 | $52,555 | 13,716 | +19.4% |
| 2025-06-09 23:38 | 2025-06-06 | MCCOLLISTER ROLFE H. JR. | Director | BUY | $23.40 | 680 | $15,912 | 92,960 | +0.7% |
| 2025-05-29 23:59 | 2025-05-29 | ROBERTSON GREG | Officer - EVP and CFO | SELL | $23.72 | 1,086 | $25,760 | 69,235 | -1.5% |
| 2025-03-06 01:50 | 2025-03-05 | Day Rick D. | Director | BUY | $25.46 | 1,500 | $38,195 | 264,285 | +0.6% |
| 2024-11-16 00:05 | 2024-11-13 | Buquet James J. III | Director | SELL | $29.13 | 14,000 | $407,880 | 3,689 | -79.1% |
| 2024-11-13 00:09 | 2024-11-07 | McDonald Warren | Officer - Chief Credit Officer | SELL | $28.70 | 2,560 | $73,472 | 16,535 | -13.4% |
| 2024-11-07 00:24 | 2024-11-04 | MELVILLE DAVID R. III | Director, Officer - President and CEO | SELL | $27.18 | 20,000 | $543,504 | 221,639 | -8.3% |
| 2024-11-06 00:59 | 2024-11-01 | Johnson Joseph Vernon | Director | SELL | $26.35 | 8,500 | $223,985 | 183,057 | -4.4% |
| 2024-10-31 23:05 | 2024-10-29 | Johnson Joseph Vernon | Director | SELL | $27.02 | 15,500 | $418,870 | 191,557 | -7.5% |
| 2024-09-13 23:36 | 2024-09-09 | McDonald Warren | Officer - Chief Credit Officer | SELL | $24.68 | 1,500 | $37,020 | 19,095 | -7.3% |
| 2024-09-10 23:11 | 2024-09-09 | Folse Mark P. | Director | SELL | $24.56 | 7,346 | $180,418 | 63,286 | -10.4% |
| 2024-09-04 23:05 | 2024-08-30 | Folse Mark P. | Director | SELL | $24.50 | 154 | $3,773 | 70,632 | -0.2% |
| 2024-09-03 23:06 | 2024-08-29 | Folse Mark P. | Director | SELL | $24.50 | 2,500 | $61,250 | 70,786 | -3.4% |
| 2024-08-05 23:35 | 2024-08-01 | McDonald Warren | Officer - Chief Credit Officer | SELL | $25.71 | 1,532 | $39,388 | 20,595 | -6.9% |
| 2024-08-01 23:22 | 2024-07-30 | Strong Saundra | Officer - EVP & General Counsel | SELL | $25.32 | 6,300 | $159,516 | 11,275 | -35.8% |
| 2024-08-01 23:22 | 2024-07-30 | Johnson Joseph Vernon | Director | SELL | $25.59 | 11,874 | $303,819 | 207,057 | -5.4% |
| 2024-08-01 23:21 | 2024-07-30 | Folse Mark P. | Director | SELL | $25.43 | 40,000 | $1,017,200 | 73,286 | -35.3% |
| 2024-05-01 23:07 | 2024-04-30 | Day Rick D. | Director | BUY | $20.30 | 1,800 | $36,540 | 262,785 | +0.7% |
| 2024-03-14 00:57 | 2024-03-11 | McDonald Warren | Officer - Chief Credit Officer | OPT+S | $22.37 | 7,000 | $156,590 | 24,306 | 0.0% |
| 2024-02-24 00:05 | 2021-11-30 | Ducrest John P. | Director | BUY | $20.97 | 355 | $7,439 | 10,342 | +3.6% |
| 2023-11-17 01:27 | 2023-11-16 | Buquet James J. III | Director | SELL | $19.88 | 43,700 | $868,739 | 5,689 | -88.5% |
| 2023-11-17 01:27 | 2020-08-31 | Buquet James J. III | Director | BUY | $22.16 | 1,336 | $29,608 | 4,000 | +50.2% |
| 2023-11-17 00:11 | 2023-11-14 | Folse Mark P. | Director | SELL | $21.13 | 25,000 | $528,200 | 112,137 | -18.2% |
| 2023-09-05 23:05 | 2023-08-31 | Day Rick D. | Director | BUY | $20.43 | 1,500 | $30,645 | 259,836 | +0.6% |
| 2023-08-11 23:05 | 2023-08-09 | Jackson Jesse | Officer - EVP & Pres., Fin. Institutions | SELL | $20.87 | 3,000 | $62,610 | 19,417 | -13.4% |
| 2023-06-02 23:05 | 2023-05-31 | Day Rick D. | Director | BUY | $14.60 | 2,000 | $29,200 | 258,336 | +0.8% |
| 2023-05-18 03:28 | 2023-05-16 | Manning Kathryn | Officer - Chief Risk Officer | BUY | $14.34 | 1,400 | $20,076 | 12,343 | +12.8% |
| 2023-05-12 23:06 | 2023-05-11 | Ducrest John P. | Director | BUY | $14.10 | 6,036 | $85,108 | 6,036 | +100.0% |
| 2023-05-12 23:05 | 2023-05-11 | ROBERTSON GREG | Officer - EVP and CFO | BUY | $14.10 | 6,775 | $95,528 | 60,501 | +12.6% |
| 2023-05-10 23:05 | 2023-05-10 | PRICE ARTHUR | Director | BUY | $13.99 | 750 | $10,493 | 9,515 | +8.6% |
| 2023-05-10 00:33 | 2023-05-08 | Johnson Joseph Vernon | Director | BUY | $14.19 | 500 | $7,095 | 225,798 | +0.2% |
| 2023-05-10 00:32 | 2023-05-09 | WHITE STEVEN GERARD | Director | BUY | $14.44 | 1,500 | $21,660 | 12,765 | +13.3% |
| 2023-05-09 00:33 | 2023-05-04 | MCCOLLISTER ROLFE H. JR. | Director | BUY | $13.60 | 7,000 | $95,200 | 90,727 | +8.4% |
| 2023-05-05 23:48 | 2023-05-05 | SMITH KENNETH W. | Director | BUY | $13.96 | 3,650 | $50,954 | 49,331 | +8.0% |
| 2023-05-05 23:48 | 2023-05-02 | MCLINDON ANDREW D. | Director | BUY | $14.39 | 2,000 | $28,770 | 39,081 | +5.4% |
| 2023-05-05 23:47 | 2023-05-02 | MANSFIELD KEITH | Officer - EVP&COO of b1Bank | BUY | $14.59 | 10,000 | $145,915 | 64,227 | +18.4% |
| 2023-05-05 23:47 | 2023-05-03 | Calkins Carol | Director | BUY | $14.65 | 500 | $7,325 | 3,159 | +18.8% |
| 2023-05-05 23:46 | 2023-05-02 | Day Rick D. | Director | BUY | $15.26 | 6,000 | $91,560 | 254,752 | +2.4% |
| 2022-08-05 23:06 | 2022-08-04 | Ducrest John P. | Director | BUY | $23.39 | 1,712 | $40,044 | 8,348 | +25.8% |
How to Interpret $BFST Trades
Not every insider transaction in Business First Bancshares, Inc. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $BFST shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.
Data Source & Accuracy for BFST
Insider activity data for Business First Bancshares, Inc. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $BFST, allowing you to follow the capital of those with the most intimate knowledge of the company.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.