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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1624322	Business First Bancshares Inc.	BFST	State Commercial Banks (6022)	205340628

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1736530	Gerard Steven White	500 Laurel Street, Suite 101 Baton Rouge LA 70801		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-02-25	331	$22.64	7,471	No	4	A	Direct
Common Stock	Disposition	2021-02-25	2,500	$23.14	39,749	No	4	S	Indirect	HELD BY WILLIAM A. ROBINSON TRUST

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Indirect	HELD BY WILLIAM A. ROBINSON TRUST

Footnotes

Reflects the grant of restricted stock to reporting person. The restricted stock fully vests on March 31, 2021.
This transaction was executed in multiple trades at prices ranging from $23.05 to $23.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Represents the holdings of William A. Robinson Private Foundation, of which the reporting person is the trustee. The reporting person disclaims beneficial ownership of registrant common stock held by William A. Robinson Private Foundation except to the extent of his pecuniary interest.
On February 24, 2021, ownership of 42,249 shares were transferred from William A. Robinson Trust to William A. Robinson Private Foundation.