Director Sells 20,000 Shares of Business First Bancshares
An SEC Form 4 shows the transaction was a modest trim to his stake that leaves him a substantial shareholder.
Overview
- George W. III Cummings reported the sale of 20,000 common shares in trades executed July 30–31, 2026, as disclosed on an SEC Form 4.
- The trades posted a weighted‑average price of $31.79 per share and occurred just below the July 31 market close.
- The sale reduced Cummings' direct holdings by about 8% and left him with 225,000 shares plus 3,911 indirectly held by a spouse.
- Business First Bancshares is a regional bank holding company for b1BANK with roughly $1.0 billion in market value, about $455.3 million in trailing 12‑month revenue, and $93.0 million in trailing net income.
- Investors should note the disposition came after about a 34% one‑year share‑price gain and was recorded through the standard regulatory disclosure process, which preserves transparency about director trading and ownership levels.