Trade Summary

5 days ago, Carter Donald Chad, serving as EVP, Correspondent Banking at Business First Bancshares, Inc. (BFST), sold 1,875 shares at $31.64 per share, for a total transaction value of $59,325.00. Following this transaction, Carter Donald Chad now holds 12,642 shares of BFST.

This sale represents a 12.92% decrease in Carter Donald Chad's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, August 6, 2026 and publicly disclosed via SEC Form 4 filing on Friday, August 7, 2026 at 5:53 PM ET, 1 day after the trade was made.

Business First Bancshares, Inc. operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.