A director at Business First Bancshares reduced holdings by 8% following a 34% 12-month stock rally, per SEC filing.
Business First Bancshares Inc. (NASDAQ:BFST) director George W. III Cummings sold 20,000 shares on July 30 and 31, 2026, at a weighted average price of $31.79. The transaction reduced his holdings by 8%, leaving him with 225,000 shares.
The stock closed at $31.82 on July 31, 2026, down slightly from $31.94 the prior day. BFST had risen 34% over the past 12 months before the sale. Cummings retains direct ownership of 221,180 shares and indirect holdings of 3,911 shares via a spouse.
The filing did not disclose a specific reason for the sale, and no immediate market reaction was reported.