Business First Bancshares (BFST) Director Receives 1,016 RSUs 鈥� Form 4

Q: What did Business First Bancshares (BFST) disclose in the latest Form 4?

The company reported a grant of 1,016 restricted stock units to Director David A. Montgomery Jr. on 26 June 2025, with no share purchases or sales.

Q: How many RSUs were granted to Director David A. Montgomery Jr.?

He received 1,016 time-based RSUs under the 2024 Equity Incentive Plan.

Q: When will the granted RSUs vest?

The RSUs will fully vest on 26 June 2026 .

Q: Did the insider buy or sell BFST common stock?

No. The Form 4 shows no acquisitions or dispositions of common shares; it only updates existing holdings.

Q: What is the director's total ownership after this filing?

After the grant, he directly holds 13,252 common shares plus 1,016 unvested RSUs .

Q: Does the RSU grant materially dilute existing shareholders?

The grant represents a negligible fraction of BFST鈥檚 total shares outstanding, so dilution impact is minimal.

[Form 4] BOX, INC. Insider Trading Activity

Filing Impact

(Low)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Business First Bancshares, Inc. (BFST) 鈥� Form 4 overview

On 30 June 2025, Director David A. Montgomery Jr. filed a Form 4 detailing changes in his beneficial ownership.

1,016 time-based restricted stock units (RSUs) were granted on 26 June 2025 under the 2024 Equity Incentive Plan at an exercise price of $0. The RSUs vest fully on 26 June 2026 and are subject to forfeiture under certain conditions.
No open-market purchases or sales of common stock were reported; the line item showing 13,252 common shares simply updates the director's existing direct holdings as of the transaction date.
Post-transaction ownership stands at 13,252 common shares plus 1,016 unvested RSUs, all held directly.

The filing reflects routine equity compensation for a board member and does not indicate directional trading activity.

Positive

Equity alignment: Grant of 1,016 RSUs aligns director incentives with shareholder interests without immediate cash outlay or significant dilution.
Clear disclosure: Filing specifies vesting schedule and forfeiture conditions, enhancing transparency.

Negative

Potential dilution: Although immaterial, the RSU grant will increase share count upon vesting.
Short vesting horizon: One-year vest may encourage a short-term focus rather than long-term strategic outlook.

Insights

TL;DR: Routine RSU grant; no shares traded; negligible dilution; neutral governance signal.

The Form 4 records a standard director equity award of 1,016 RSUs, representing a fraction of BFST鈥檚 outstanding shares. Because there were no purchases or sales of common stock, the filing does not provide insight into management鈥檚 near-term view of valuation. The grant aligns the director鈥檚 incentives with shareholders and is consistent with typical board compensation practices. Given the immaterial size and one-year vesting, the market impact is expected to be de minimis.

TL;DR: Insider activity neutral; incentive grant modest; no buy/sell signal.

From a portfolio standpoint, the award of 1,016 RSUs (鈮�$22k at a $22 share price) is too small to affect valuation or float. The absence of share disposals or acquisitions means there is no momentum cue. I view the filing as informational only and would not adjust position sizing based on this data.

06/30/2025 - 07:44 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Walia Amit

(Last)

(First)

(Middle)

900 JEFFERSON AVE

(Street)

REDWOOD CITY

94063

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BOX INC [ BOX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/27/2025		A		6,158⁽¹⁾	A	$0.0	34,949⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents an annual restricted stock unit ("RSU") award pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 100% of the RSUs will vest on the earlier of (i) twelve months from date of grant (i.e. June 27, 2026) or (ii) the date of the Issuer's next annual meeting of stockholders.

2. Certain of these shares are represented by RSUs. Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person's continuous service through each such date.

	/s/ David Leeb, Attorney-in-Fact	06/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

What did Business First Bancshares (BFST) disclose in the latest Form 4?

The company reported a grant of 1,016 restricted stock units to Director David A. Montgomery Jr. on 26 June 2025, with no share purchases or sales.

How many RSUs were granted to Director David A. Montgomery Jr.?

He received 1,016 time-based RSUs under the 2024 Equity Incentive Plan.

When will the granted RSUs vest?

The RSUs will fully vest on 26 June 2026.

Did the insider buy or sell BFST common stock?

No. The Form 4 shows no acquisitions or dispositions of common shares; it only updates existing holdings.

What is the director's total ownership after this filing?

After the grant, he directly holds 13,252 common shares plus 1,016 unvested RSUs.

Does the RSU grant materially dilute existing shareholders?

The grant represents a negligible fraction of BFST鈥檚 total shares outstanding, so dilution impact is minimal.

AG真人官方

[Form 4] BOX, INC. Insider Trading Activity

Insights

FAQ

What did Business First Bancshares (BFST) disclose in the latest Form 4?

How many RSUs were granted to Director David A. Montgomery Jr.?

When will the granted RSUs vest?

Did the insider buy or sell BFST common stock?

What is the director's total ownership after this filing?

Does the RSU grant materially dilute existing shareholders?

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[Form 4] BOX, INC. Insider Trading Activity

Insights

Corporate Governance Analyst neutral

Portfolio Manager neutral

FAQ

What did Business First Bancshares (BFST) disclose in the latest Form 4?

How many RSUs were granted to Director David A. Montgomery Jr.?

When will the granted RSUs vest?

Did the insider buy or sell BFST common stock?

What is the director's total ownership after this filing?

Does the RSU grant materially dilute existing shareholders?

NYSE:BOX

BOX Rankings

BOX Latest News

BOX Latest SEC Filings

BOX Stock Data