Norman Jerome Vascocu Jr. - 21 Nov 2025 Form 4 Insider Report for Business First Bancshares, Inc. (BFST)

Role
President of b1Bank
Signature
/s/ Heather Roemer, as attorney-in-fact for Norman Jerome Vascocu, Jr.
Issuer symbol
BFST
Transactions as of
21 Nov 2025
Net transactions value
+$28,832
Form type
4
Filing time
25 Nov 2025, 16:05:49 UTC
Previous filing
02 Apr 2025
Next filing
16 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Vascocu Norman Jerome Jr President of b1Bank 500 LAUREL STREET, SUITE 101, BATON ROUGE /s/ Heather Roemer, as attorney-in-fact for Norman Jerome Vascocu, Jr. 25 Nov 2025 0001955172

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFST COMMON STOCK Award $50,025 +1,945 +8.8% $25.72 24,019 21 Nov 2025 Direct F1, F2
transaction BFST COMMON STOCK Tax liability $21,193 -824 -3.4% $25.72 23,195 21 Nov 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BFST Restricted Stock Units 15,704 21 Nov 2025 Common Stock 0 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the grant of restricted stock to the reporting person. The restricted stock fully vested on November 21, 2025.
F2 Includes 3,776 shares of unvested restricted stock granted on February 1, 2024, which will vest on March 31, 2026. Under the terms of the relevant restricted stock grants, the reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events.
F3 Includes: (a) 7,657 time-based restricted stock units granted to the Reporting Person on December 12, 2024, which will vest in three substantially equal installments on the first, second, and third anniversary of the issuance date; and (b) 8,047 time-based restricted stock units granted to the Reporting Person on March 1, 2025, of which 2,655 shares will vest on March 1, 2026, 2,655 shares will vest on March 1, 2027, and the remaining 2,737 shares will vest on March 1, 2028.