Director David A. Montgomery Jr. Receives Restricted Stock Units in Business First Bancshares

Business First Bancshares, Inc. (BFST) director David A. Montgomery Jr. reported receiving 998 restricted stock units (RSUs) on June 25, 2026, under the company's 2024 Equity Incentive Plan. These time-based RSUs will fully vest on June 25, 2027, and are economically equivalent to common shares. Additionally, on June 26, 2026, 1,016 previously granted RSUs vested and were converted to common stock, increasing Montgomery's direct common stock holdings to 14,268 shares. The filing represents standard equity compensation for a director, with the RSUs subject to forfeiture under certain conditions. The transactions occurred at $0 per share as part of the company's equity incentive program.