Business First Bancshares Inc (BFST)

Business First Bancshares Inc. experienced significant insider trading activity recently, with 25 transactions totaling a net value of approximately $3.38 million in sales. Key directors and executives, including George W. Cummings, offloaded substantial shares following the July 2026 earnings report. These divestments reflect a broader trend of net selling among company leadership during this period.
Ticker: BFST Exchange: NSM


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• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Buy signal Sell signal Earnings
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Insider trades have triggered activity signals for Business First Bancshares Inc. Upgrade to see score, net flow, insiders and the full signal context.

Top insiders
Trades
Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
141.42
Quantity 77,872 +20.0%
Value US$3,769,175
2.0
George W. Cummings Director Non-Executive Director
Transaction date
Proposed sale
Price
402.22
Quantity 53,218
Value US$463,262
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
102.84
Quantity 51,276 +11.8%
Value US$3,920,391
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
31.80
Quantity 3,235 -1.6%
Value US$102,873
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
31.78
Quantity 10,000 -4.7%
Value US$317,800
2.0
George W. Cummings Director Non-Executive Director
Transaction date
Proposed sale
Price
31.97
Quantity 25,000
Value US$799,250
1.8
Carter Donald Chad EVP, Correspondent Banking Officer
Transaction date
Sale
Price
31.64
Quantity 1,875 -12.9%
Value US$59,325
1.8
Carter Donald Chad Officer Officer
Transaction date
Proposed sale
Price
31.99
Quantity 1,875
Value US$59,981
Hall William G. Non-Executive Director
Transaction date
Sale
Price
31.97
Quantity 1,666 -31.9%
Value US$53,262
Hall William G. Non-Executive Director
Transaction date
Sale
Price
31.97
Quantity 9,723 -100.0%
Value US$310,844
2.2
Strong Saundra EVP & General Counsel Officer
Transaction date
Sale
Price
31.98
Quantity 1,000 -17.0%
Value US$31,980
William G. Hall Director Non-Executive Director
Transaction date
Proposed sale
Price
32.07
Quantity 11,389
Value US$365,245
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
31.87
Quantity 10,000 -4.5%
Value US$318,700
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
31.50
Quantity 10,000 -4.3%
Value US$315,000
2.4
MANSFIELD KEITH EVP&COO of b1Bank Officer
Transaction date
Sale
Price
32.08
Quantity 4,200 -5.2%
Value US$134,736
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
32.08
Quantity 10,000 -4.1%
Value US$320,800
2.0
George W. Cummings Director Non-Executive Director
Transaction date
Proposed sale
Price
31.94
Quantity 30,000
Value US$958,200
2.4
KEITH MANSFIELD Officer Officer
Transaction date
Proposed sale
Price
32.08
Quantity 4,200
Value US$134,734
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
31.88
Quantity 10,000 -4.0%
Value US$318,800
2.7
Johnson Joseph Vernon Non-Executive Director
Transaction date
Sale
Price
31.15
Quantity 2,000 -1.1%
Value US$62,300
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
31.86
Quantity 10,000 -3.8%
Value US$318,600
2.7
Johnson Joseph Vernon Non-Executive Director
Transaction date
Sale
Price
31.75
Quantity 10,000 -5.4%
Value US$317,500
3.7
Day Rick D. Non-Executive Director
Transaction date
Purchase
Price
31.61
Quantity 1,500 +0.6%
Value US$47,415
2.0
George W. Cummings Director Non-Executive Director
Transaction date
Proposed sale
Price
32.08
Quantity 20,000
Value US$641,600
2.7
Johnson Joseph Vernon Director Non-Executive Director
Transaction date
Proposed sale
Price
31.16
Quantity 12,000
Value US$373,920
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
28.78
Quantity 5,000 -1.9%
Value US$143,900
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
28.78
Quantity 5,000 -1.9%
Value US$143,900
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
28.89
Quantity 15,000 -5.3%
Value US$433,350
2.0
George W. Cummings Director Non-Executive Director
Transaction date
Proposed sale
Price
28.69
Quantity 20,445
Value US$586,567
2.0
George W. Cummings Director Non-Executive Director
Transaction date
Proposed sale
Price
28.69
Quantity 20,445
Value US$586,567
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
28.54
Quantity 15,000 -5.1%
Value US$428,100
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
28.54
Quantity 15,000 -5.1%
Value US$428,100
2.0
George W. Cummings Director Non-Executive Director
Transaction date
Proposed sale
Price
28.48
Quantity 15,000
Value US$427,200
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
27.92
Quantity 11,595 -3.8%
Value US$323,732
2.0
George W. Cummings Director Non-Executive Director
Transaction date
Proposed sale
Price
28.13
Quantity 11,595
Value US$326,167
2.0
George W. Cummings Director Non-Executive Director
Transaction date
Proposed sale
Price
27.84
Quantity 10,000
Value US$278,400
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
27.99
Quantity 10,000 -3.1%
Value US$279,900
2.0
George W. Cummings Director Non-Executive Director
Transaction date
Proposed sale
Price
27.84
Quantity 10,000
Value US$278,400
2.0
Cummings George W. III Director Non-Executive Director
Transaction date
Proposed sale
Price
27.57
Quantity 11,000
Value US$303,270
2.0
Cummings George W. III Director Non-Executive Director
Transaction date
Proposed sale
Price
27.57
Quantity 11,000
Value US$303,270
2.0
Cummings George W. III Director Non-Executive Director
Transaction date
Proposed sale
Price
27.50
Quantity 11,000
Value US$302,500
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
27.60
Quantity 11,000 -3.3%
Value US$303,600
2.0
Cummings George W. III Director Non-Executive Director
Transaction date
Proposed sale
Price
27.50
Quantity 11,000
Value US$302,500
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
27.42
Quantity 9,800 -2.9%
Value US$268,716
2.0
Cummings George W. III Director Non-Executive Director
Transaction date
Proposed sale
Price
28.00
Quantity 10,000
Value US$280,000
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
27.80
Quantity 200 -0.1%
Value US$5,560
2.0
Cummings George W. III Director Non-Executive Director
Transaction date
Proposed sale
Price
28.00
Quantity 10,000
Value US$280,000
2.0
Cummings George W. III Director Non-Executive Director
Transaction date
Proposed sale
Price
28.00
Quantity 20,000
Value US$560,056
2.0
Cummings George W. III Non-Executive Director
Transaction date
Sale
Price
28.00
Quantity 20,000 -5.6%
Value US$560,000
2.0
Cummings George W. III Director Non-Executive Director
Transaction date
Proposed sale
Price
28.00
Quantity 20,000
Value US$560,056
3.9
MCCOLLISTER ROLFE H. JR. Non-Executive Director
Transaction date
Purchase
Price
29.56
Quantity 120 +0.1%
Value US$3,547
2.8
Folse Mark P. Non-Executive Director
Transaction date
Sale
Price
29.51
Quantity 4,854 -8.3%
Value US$143,242
2.8
Folse Mark P. Non-Executive Director
Transaction date
Sale
Price
29.75
Quantity 5,146 -8.1%
Value US$153,094
2.8
Folse Mark P. Director Non-Executive Director
Transaction date
Proposed sale
Price
29.70
Quantity 10,000
Value US$297,000
1.8
Carter Donald Chad EVP, Correspondent Banking Officer
Transaction date
Sale
Price
27.27
Quantity 3,778 -21.4%
Value US$103,026
1.8
Carter Donald Chad Officer Officer
Transaction date
Proposed sale
Price
27.36
Quantity 3,778
Value US$103,366
3.7
Day Rick D. Non-Executive Director
Transaction date
Purchase
Price
27.55
Quantity 1,500 +0.6%
Value US$41,325
3.5
ROBERTSON GREG EVP and CFO Officer
Transaction date
Sale
Price
26.41
Quantity 1,400 -2.0%
Value US$36,974
3.7
Day Rick D. Non-Executive Director
Transaction date
Purchase
Price
24.21
Quantity 1,600 +0.6%
Value US$38,736
2.2
Strong Saundra EVP & General Counsel Officer
Transaction date
Sale
Price
25.38
Quantity 2,363 -28.3%
Value US$59,973
2.2
SAUNDRA STRONG Officer Officer
Transaction date
Proposed sale
Price
25.38
Quantity 2,363
Value US$59,965
2.6
Buquet James J. III Non-Executive Director
Transaction date
Sale
Price
23.08
Quantity 5,164 -15.3%
Value US$119,185
2.6
JAMES J BUQUET Director Non-Executive Director
Transaction date
Proposed sale
Price
23.08
Quantity 5,164
Value US$119,186
3.8
Ducrest John P. Non-Executive Director
Transaction date
Purchase
Price
23.62
Quantity 2,225 +19.4%
Value US$52,554
3.9
MCCOLLISTER ROLFE H. JR. Non-Executive Director
Transaction date
Purchase
Price
23.40
Quantity 680 +0.7%
Value US$15,912
3.5
ROBERTSON GREG EVP and CFO Officer
Transaction date
Sale
Price
23.72
Quantity 1,086 -1.5%
Value US$25,760
3.7
Day Rick D. Non-Executive Director
Transaction date
Purchase
Price
25.46
Quantity 1,500 +0.6%
Value US$38,195
2.6
Buquet James J. III Non-Executive Director
Transaction date
Sale
Price
29.22
Quantity 2,000 -35.2%
Value US$58,440
2.6
Buquet James J. III Non-Executive Director
Transaction date
Sale
Price
29.12
Quantity 12,000 -26.3%
Value US$349,440
2.6
Buquet James J. III Director Non-Executive Director
Transaction date
Proposed sale
Price
26.31
Quantity 14,000
Value US$368,340
3.3
McDonald Warren Chief Credit Officer Officer
Transaction date
Sale
Price
28.70
Quantity 2,560 -13.4%
Value US$73,472
3.3
WARREN F MCDONALD III Officer Officer
Transaction date
Proposed sale
Price
28.71
Quantity 2,560
Value US$73,487
2.1
MELVILLE DAVID R. III President and CEO Executive Director
Transaction date
Sale
Price
28.42
Quantity 9,172 -4.0%
Value US$260,668
2.1
MELVILLE DAVID R. III President and CEO Executive Director
Transaction date
Sale
Price
26.06
Quantity 3,512 -1.5%
Value US$91,523
2.1
MELVILLE DAVID R. III President and CEO Executive Director
Transaction date
Sale
Price
26.15
Quantity 7,316 -3.0%
Value US$191,313
Notification date Transaction date B/S Transaction type Insider and/or position Nb. shares
Price
Value
Number of shares Price Value Details
2026-08-25 2026-08-24 S Sale Non-Executive Director
77,872 +20.0%
141.42
US$3,769,175
77,872 +20.0% 141.42 US$3,769,175
2026-08-24 2026-08-24 PrS Proposed sale

Director

Non-Executive Director
53,218
402.22
US$463,262
53,218 402.22 US$463,262
2026-08-25 2026-08-21 S Sale Non-Executive Director
51,276 +11.8%
102.84
US$3,920,391
51,276 +11.8% 102.84 US$3,920,391
2026-08-21 2026-08-19 S Sale Non-Executive Director
3,235 -1.6%
31.80
US$102,873
3,235 -1.6% 31.80 US$102,873
2026-08-19 2026-08-18 S Sale Non-Executive Director
10,000 -4.7%
31.78
US$317,800
10,000 -4.7% 31.78 US$317,800
2026-08-18 2026-08-18 PrS Proposed sale

Director

Non-Executive Director
25,000
31.97
US$799,250
25,000 31.97 US$799,250
2026-08-07 2026-08-06 S Sale

EVP, Correspondent Banking

Officer
1,875 -12.9%
31.64
US$59,325
1,875 -12.9% 31.64 US$59,325
2026-08-06 2026-08-06 PrS Proposed sale

Officer

Officer
1,875
31.99
US$59,981
1,875 31.99 US$59,981
2026-08-07 2026-08-05 S Sale Non-Executive Director
1,666 -31.9%
31.97
US$53,262
1,666 -31.9% 31.97 US$53,262
2026-08-07 2026-08-05 S Sale Non-Executive Director
9,723 -100.0%
31.97
US$310,844
9,723 -100.0% 31.97 US$310,844
2026-08-06 2026-08-05 S Sale

EVP & General Counsel

Officer
1,000 -17.0%
31.98
US$31,980
1,000 -17.0% 31.98 US$31,980
2026-08-05 2026-08-05 PrS Proposed sale

Director

Non-Executive Director
11,389
32.07
US$365,245
11,389 32.07 US$365,245
2026-08-05 2026-08-03 S Sale Non-Executive Director
10,000 -4.5%
31.87
US$318,700
10,000 -4.5% 31.87 US$318,700
2026-07-31 2026-07-31 S Sale Non-Executive Director
10,000 -4.3%
31.50
US$315,000
10,000 -4.3% 31.50 US$315,000
2026-07-31 2026-07-30 S Sale

EVP&COO of b1Bank

Officer
4,200 -5.2%
32.08
US$134,736
4,200 -5.2% 32.08 US$134,736
2026-07-31 2026-07-30 S Sale Non-Executive Director
10,000 -4.1%
32.08
US$320,800
10,000 -4.1% 32.08 US$320,800
2026-07-30 2026-07-30 PrS Proposed sale

Director

Non-Executive Director
30,000
31.94
US$958,200
30,000 31.94 US$958,200
2026-07-30 2026-07-30 PrS Proposed sale

Officer

Officer
4,200
32.08
US$134,734
4,200 32.08 US$134,734
2026-07-30 2026-07-29 S Sale Non-Executive Director
10,000 -4.0%
31.88
US$318,800
10,000 -4.0% 31.88 US$318,800
2026-07-30 2026-07-29 S Sale Non-Executive Director
2,000 -1.1%
31.15
US$62,300
2,000 -1.1% 31.15 US$62,300
2026-07-30 2026-07-28 S Sale Non-Executive Director
10,000 -3.8%
31.86
US$318,600
10,000 -3.8% 31.86 US$318,600
2026-07-30 2026-07-28 S Sale Non-Executive Director
10,000 -5.4%
31.75
US$317,500
10,000 -5.4% 31.75 US$317,500
2026-07-29 2026-07-28 B Purchase Non-Executive Director
1,500 +0.6%
31.61
US$47,415
1,500 +0.6% 31.61 US$47,415
2026-07-28 2026-07-28 PrS Proposed sale

Director

Non-Executive Director
20,000
32.08
US$641,600
20,000 32.08 US$641,600
2026-07-27 2026-07-28 PrS Proposed sale

Director

Non-Executive Director
12,000
31.16
US$373,920
12,000 31.16 US$373,920
2026-06-12 2026-06-11 S Sale Non-Executive Director
5,000 -1.9%
28.78
US$143,900
5,000 -1.9% 28.78 US$143,900
2026-06-12 2026-06-11 S Sale Non-Executive Director
5,000 -1.9%
28.78
US$143,900
5,000 -1.9% 28.78 US$143,900
2026-06-12 2026-06-10 S Sale Non-Executive Director
15,000 -5.3%
28.89
US$433,350
15,000 -5.3% 28.89 US$433,350
2026-09-01 2026-06-09 PrS Proposed sale

Director

Non-Executive Director
20,445
28.69
US$586,567
20,445 28.69 US$586,567
2026-06-09 2026-06-09 PrS Proposed sale

Director

Non-Executive Director
20,445
28.69
US$586,567
20,445 28.69 US$586,567
2026-06-09 2026-06-08 S Sale Non-Executive Director
15,000 -5.1%
28.54
US$428,100
15,000 -5.1% 28.54 US$428,100
2026-06-09 2026-06-08 S Sale Non-Executive Director
15,000 -5.1%
28.54
US$428,100
15,000 -5.1% 28.54 US$428,100
2026-06-08 2026-06-08 PrS Proposed sale

Director

Non-Executive Director
15,000
28.48
US$427,200
15,000 28.48 US$427,200
2026-05-28 2026-05-27 S Sale Non-Executive Director
11,595 -3.8%
27.92
US$323,732
11,595 -3.8% 27.92 US$323,732
2026-05-27 2026-05-27 PrS Proposed sale

Director

Non-Executive Director
11,595
28.13
US$326,167
11,595 28.13 US$326,167
2026-06-25 2026-05-22 PrS Proposed sale

Director

Non-Executive Director
10,000
27.84
US$278,400
10,000 27.84 US$278,400
2026-05-27 2026-05-22 S Sale Non-Executive Director
10,000 -3.1%
27.99
US$279,900
10,000 -3.1% 27.99 US$279,900
2026-05-22 2026-05-22 PrS Proposed sale

Director

Non-Executive Director
10,000
27.84
US$278,400
10,000 27.84 US$278,400
2026-08-28 2026-03-05 PrS Proposed sale

Director

Non-Executive Director
11,000
27.57
US$303,270
11,000 27.57 US$303,270
2026-03-05 2026-03-05 PrS Proposed sale

Director

Non-Executive Director
11,000
27.57
US$303,270
11,000 27.57 US$303,270
2026-08-28 2026-03-04 PrS Proposed sale

Director

Non-Executive Director
11,000
27.50
US$302,500
11,000 27.50 US$302,500
2026-03-06 2026-03-04 S Sale Non-Executive Director
11,000 -3.3%
27.60
US$303,600
11,000 -3.3% 27.60 US$303,600
2026-03-04 2026-03-04 PrS Proposed sale

Director

Non-Executive Director
11,000
27.50
US$302,500
11,000 27.50 US$302,500
2026-03-04 2026-03-03 S Sale Non-Executive Director
9,800 -2.9%
27.42
US$268,716
9,800 -2.9% 27.42 US$268,716
2026-08-28 2026-03-02 PrS Proposed sale

Director

Non-Executive Director
10,000
28.00
US$280,000
10,000 28.00 US$280,000
2026-03-04 2026-03-02 S Sale Non-Executive Director
200 -0.1%
27.80
US$5,560
200 -0.1% 27.80 US$5,560
2026-03-02 2026-03-02 PrS Proposed sale

Director

Non-Executive Director
10,000
28.00
US$280,000
10,000 28.00 US$280,000
2026-08-28 2026-02-25 PrS Proposed sale

Director

Non-Executive Director
20,000
28.00
US$560,056
20,000 28.00 US$560,056
2026-02-27 2026-02-25 S Sale Non-Executive Director
20,000 -5.6%
28.00
US$560,000
20,000 -5.6% 28.00 US$560,000
2026-02-25 2026-02-25 PrS Proposed sale

Director

Non-Executive Director
20,000
28.00
US$560,056
20,000 28.00 US$560,056
2026-02-12 2026-02-10 B Purchase Non-Executive Director
120 +0.1%
29.56
US$3,547
120 +0.1% 29.56 US$3,547
2026-02-11 2026-02-10 S Sale Non-Executive Director
4,854 -8.3%
29.51
US$143,242
4,854 -8.3% 29.51 US$143,242
2026-02-11 2026-02-09 S Sale Non-Executive Director
5,146 -8.1%
29.75
US$153,094
5,146 -8.1% 29.75 US$153,094
2026-02-09 2026-02-09 PrS Proposed sale

Director

Non-Executive Director
10,000
29.70
US$297,000
10,000 29.70 US$297,000
2026-01-30 2026-01-29 S Sale

EVP, Correspondent Banking

Officer
3,778 -21.4%
27.27
US$103,026
3,778 -21.4% 27.27 US$103,026
2026-01-29 2026-01-29 PrS Proposed sale

Officer

Officer
3,778
27.36
US$103,366
3,778 27.36 US$103,366
2026-01-27 2026-01-27 B Purchase Non-Executive Director
1,500 +0.6%
27.55
US$41,325
1,500 +0.6% 27.55 US$41,325
2025-12-02 2025-12-01 S Sale

EVP and CFO

Officer
1,400 -2.0%
26.41
US$36,974
1,400 -2.0% 26.41 US$36,974
2025-10-28 2025-10-28 B Purchase Non-Executive Director
1,600 +0.6%
24.21
US$38,736
1,600 +0.6% 24.21 US$38,736
2025-08-25 2025-08-22 S Sale

EVP & General Counsel

Officer
2,363 -28.3%
25.38
US$59,973
2,363 -28.3% 25.38 US$59,973
2025-08-22 2025-08-22 PrS Proposed sale

Officer

Officer
2,363
25.38
US$59,965
2,363 25.38 US$59,965
2025-08-05 2025-08-04 S Sale Non-Executive Director
5,164 -15.3%
23.08
US$119,185
5,164 -15.3% 23.08 US$119,185
2025-08-04 2025-08-04 PrS Proposed sale

Director

Non-Executive Director
5,164
23.08
US$119,186
5,164 23.08 US$119,186
2025-08-01 2025-07-31 B Purchase Non-Executive Director
2,225 +19.4%
23.62
US$52,554
2,225 +19.4% 23.62 US$52,554
2025-06-09 2025-06-06 B Purchase Non-Executive Director
680 +0.7%
23.40
US$15,912
680 +0.7% 23.40 US$15,912
2025-05-29 2025-05-29 S Sale

EVP and CFO

Officer
1,086 -1.5%
23.72
US$25,760
1,086 -1.5% 23.72 US$25,760
2025-03-05 2025-03-05 B Purchase Non-Executive Director
1,500 +0.6%
25.46
US$38,195
1,500 +0.6% 25.46 US$38,195
2024-11-15 2024-11-13 S Sale Non-Executive Director
2,000 -35.2%
29.22
US$58,440
2,000 -35.2% 29.22 US$58,440
2024-11-15 2024-11-13 S Sale Non-Executive Director
12,000 -26.3%
29.12
US$349,440
12,000 -26.3% 29.12 US$349,440
2024-11-12 2024-11-12 PrS Proposed sale

Director

Non-Executive Director
14,000
26.31
US$368,340
14,000 26.31 US$368,340
2024-11-12 2024-11-07 S Sale

Chief Credit Officer

Officer
2,560 -13.4%
28.70
US$73,472
2,560 -13.4% 28.70 US$73,472
2024-11-07 2024-11-07 PrS Proposed sale

Officer

Officer
2,560
28.71
US$73,487
2,560 28.71 US$73,487
2024-11-06 2024-11-06 S Sale

President and CEO

Executive Director
9,172 -4.0%
28.42
US$260,668
9,172 -4.0% 28.42 US$260,668
2024-11-06 2024-11-05 S Sale

President and CEO

Executive Director
3,512 -1.5%
26.06
US$91,523
3,512 -1.5% 26.06 US$91,523
2024-11-06 2024-11-04 S Sale

President and CEO

Executive Director
7,316 -3.0%
26.15
US$191,313
7,316 -3.0% 26.15 US$191,313
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