Keith Mansfield, executive vice president and chief operating Officer of b1Bank, reported a sale of 4,200 shares of Business First Bancshares (NASDAQ:BFST) on July 30, 2026, according to an SEC Form 4 filing.
Transaction summary
Transaction value based on SEC Form 4 weighted average sale price ($32.08); post-transaction value based on July 30, 2026, market close ($31.94).
Key questions
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What is the composition of the insider’s remaining equity position?
Following the transaction, Keith Mansfield continues to hold 77,139 shares directly, which includes 27,000 shares held in an individual retirement account and 13,374 restricted stock units scheduled to vest in installments through March 2029. -
How did the transaction execution price compare to current market levels?
The shares were liquidated at a weighted average price of $32.08, representing a narrow premium to the $31.94 market close on the July 30, 2026, transaction date. -
What are the financial fundamentals for Business First Bancshares?
As the holding company for b1BANK, the Baton Rouge-based company operates as a regional bank with a market capitalization of $1 billion and reported trailing twelve-month net income of $93 million.
Company Overview
Company Snapshot
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Business First Bancshares, Inc. operates as the bank holding company for b1BANK, offering a comprehensive suite of deposit products, including checking, demand, money market, time, and savings accounts, along with certificates of deposit and digital banking services, while generating revenue through diversified lending solutions, including commercial and industrial loans.
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The company operates a traditional regional banking model, generating revenue through net interest income on its loan and deposit portfolio, along with fee-based services from its deposit and lending operations, serving as a financial intermediary for its customer base.
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Business First Bancshares primarily serves small to mid-sized businesses and retail customers in its regional markets, with a focus on commercial lending and relationship banking in the Louisiana region and surrounding markets.
Business First Bancshares is a regional bank holding company with approximately $1.0 billion in market capitalization, generating $344 million in TTM revenue with $93.0 million in net income. The company maintains a competitive position through its b1BANK subsidiary, which delivers comprehensive banking solutions tailored to regional business and consumer customers, supported by modern digital banking capabilities and a diversified lending portfolio.
