Director George W. Cummings filed a Form 144 notice of proposed sale of 18,373 common shares of Business First Bancshares, Inc. on October 29, 2026, with Goldman Sachs & Co. LLC acting as broker.

Key Highlights

  • Proposed sale: George W. Cummings, a director of Business First Bancshares, Inc., intends to sell 18,373 common shares with an aggregate market value of $583,710.21, according to the filing.
  • Account breakdown: The filing's remarks specify 3,373 shares are to be sold from a Cummings IRA brokerage account and 15,000 shares from a Cummings joint brokerage account.
  • Shares outstanding: The filing lists 32,345,723 common shares outstanding at the time of notice.
  • Prior three-month sales: The filing discloses eight separate sales by Cummings between July 29, 2026 and August 24, 2026, totaling 67,435 shares and generating gross proceeds of $1,936,543.77.
  • Acquisition history: The shares proposed for sale were acquired from the issuer in private transactions dating as far back as January 14, 2000, with the most recent acquisition on May 8, 2018.
  • Exchange listed: The securities are listed on NASDAQ, with the filing identifying the exchange as "NASD."

George W. Cummings Files Rule 144 Notice for Business First Bancshares Common Shares

According to the Form 144 filing submitted on October 29, 2026, George W. Cummings, identified as a director of Business First Bancshares, Inc. (NASDAQ:BFST), proposes to sell 18,373 common shares through Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282. The filing states an aggregate market value of $583,710.21 for the proposed sale, with an approximate sale date of October 29, 2026.

The filing discloses that the shares to be sold were acquired through multiple private transactions with the issuer spanning from January 14, 2000 through May 8, 2018. Lot sizes in those acquisitions ranged from 133 shares to 8,074 shares. The filing notes no payment consideration other than cash at the time of each acquisition, recording "None" under nature of payment for all lots listed.

The filing also reports prior sales by Cummings during the three months preceding the notice. Eight transactions are listed, occurring between July 29, 2026 and August 24, 2026, with individual sale amounts ranging from 3,235 shares to 10,000 shares. Gross proceeds for those individual transactions ranged from $102,766.71 to $320,490.39, according to the filing. The combined total of those prior sales was 67,435 shares with aggregate gross proceeds of $1,936,543.77. The Form 144 was signed by Goldman Sachs & Co. LLC on behalf of George W. Cummings.

What Was Disclosed

Business First Bancshares director George W. Cummings filed a Rule 144 notice proposing to sell 18,373 common shares valued at $583,710.21 on October 29, 2026, via Goldman Sachs, following eight prior sales totaling 67,435 shares between July and August 2026.