Business First Bancshares Inc
Ownership
Ownership Structure
Who owns Business First Bancshares Inc (BFST)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 95.0% of the shares are freely tradable; institutional investors hold 53.3%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| BlackRock Inc | 7.52 | 2,446,961 | +6.8 | 03/31/2026 |
| Vanguard Capital Management, LLC | 4.40 | 1,431,162 | +0.0 | 03/31/2026 |
| Dimensional Fund Advisors, Inc. | 4.03 | 1,311,018 | +12.5 | 06/30/2026 |
| American Century Companies Inc | 3.15 | 1,025,919 | +15.2 | 06/30/2026 |
| HHG PLC | 3.04 | 989,686 | +0.4 | 03/31/2026 |
| Royce & Associates, LP | 2.57 | 836,098 | +1.5 | 03/31/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Vanguard MStar Total Stk Mkt Idx Invest | 3.04 | 989,964 | +0.0 | 07/31/2026 |
| Avantis US Small Cap Value ETF | 2.86 | 932,087 | +0.1 | 08/31/2026 |
| iShares Russell 2000 ETF | 2.62 | 852,964 | -0.6 | 08/31/2026 |
| Janus Henderson Small Cap Value L | 2.53 | 823,664 | +12.0 | 06/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Day Rick D. | Director | 269,901 | 8,312,951 $ | Jul 28, 2026 | direct |
| Cummings George W. III | Director | 183,745 | 5,659,346 $ | Aug 24, 2026 | direct |
| Johnson Joseph Vernon | Director | 172,073 | 5,299,848 $ | Jul 29, 2026 | direct |
| Mansfield Keith | EVP&COO of b1Bank | 77,139 | 2,375,881 $ | Jul 30, 2026 | direct |
| Carter Donald Chad | EVP, Correspondent Banking | 12,642 | 389,374 $ | Aug 6, 2026 | direct |
| Strong Saundra | EVP & General Counsel | 4,878 | 150,242 $ | Aug 5, 2026 | direct |
| Hall William G. | Director | 3,550 | 109,340 $ | Aug 5, 2026 | indirect |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 24, 2026 | Cummings George W. III | Director | Sell | 10,000 | 31.33 | 313,300 |
| Aug 21, 2026 | Cummings George W. III | Director | Sell | 4,200 | 31.27 | 131,334 |
| Aug 19, 2026 | Cummings George W. III | Director | Sell | 3,235 | 31.80 | 102,873 |
| Aug 18, 2026 | Cummings George W. III | Director | Sell | 10,000 | 31.78 | 317,800 |
| Aug 6, 2026 | Carter Donald Chad | EVP, Correspondent Banking | Sell | 1,875 | 31.64 | 59,325 |
| Aug 5, 2026 | Hall William G. | Director | Sell | 1,666 | 31.97 | 53,262 |
| Aug 5, 2026 | Hall William G. | Director | Sell | 9,723 | 31.97 | 310,844 |
| Aug 5, 2026 | Strong Saundra | EVP & General Counsel | Sell | 1,000 | 31.98 | 31,980 |
| Aug 3, 2026 | Cummings George W. III | Director | Sell | 10,000 | 31.87 | 318,700 |
| Jul 31, 2026 | Cummings George W. III | Director | Sell | 10,000 | 31.50 | 315,000 |
| Jul 30, 2026 | Mansfield Keith | EVP&COO of b1Bank | Sell | 4,200 | 32.08 | 134,736 |
| Jul 30, 2026 | Cummings George W. III | Director | Sell | 10,000 | 32.08 | 320,800 |
| Jul 29, 2026 | Cummings George W. III | Director | Sell | 10,000 | 31.88 | 318,800 |
| Jul 29, 2026 | Johnson Joseph Vernon | Director | Sell | 2,000 | 31.15 | 62,300 |
| Jul 28, 2026 | Cummings George W. III | Director | Sell | 10,000 | 31.86 | 318,600 |
| Jul 28, 2026 | Johnson Joseph Vernon | Director | Sell | 10,000 | 31.75 | 317,500 |
| Jul 28, 2026 | Day Rick D. | Director | Buy | 1,500 | 31.61 | 47,415 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.