Regional Bank Director Sells Shares Worth $102,873
George W. Cummings III, a director at Business First Bancshares (BFST), sold 3,235 shares of common stock on August 19, 2026, for a total value of $102,873 based on the weighted average sale price of $31.80 per share. The transaction represents approximately 2% of Cummings' total beneficial ownership in BFST and appears to be part of routine liquidity management rather than a significant divestment. After the sale, he retained around 198,000 shares directly and an additional 3,911 indirectly through his spouse. The company reported $455.3 million in trailing twelve-month revenue and $93.0 million in net income as of August 20, 2026, with a stock price closing at $31.22 per share the following day. The insider also holds derivative securities that will vest later this year.
Tickers: $BFST