<div id="readability-page-1"><div>Robertson Greg Chief Financial Officer of Business First Bancshares Inc [BFST] filed a Form 4 on December 16, 2025 with the Securities and Exchange Commission disclosing the following changes in ownership:<div><table><tbody><tr><th>Date</th><th>Transaction</th><th>Shares</th><th>Price</th><th>Value</th></tr><tr><td>12/12/25</td><td>Exercise</td><td>1,833</td><td>$0.00</td><td>N/A</td></tr><tr><td>12/12/25</td><td>Surrender(1)</td><td>502</td><td>$27.71</td><td>$13,910</td></tr></tbody></table></div>Ending Holdings: 69,166 - Direct<ul><li>(1)</li><li>Surrender of shares back to company to pay option exercise cost and/or resulting tax liability.</li></ul>For a free trial, or to learn more about our insider trading analysis and data services, please visit http://www.washingtonservice.com or contact us at (301) 913-5100 or send an email to info@washingtonservice.com.Founded in 1970, The Washington Service provides securities professionals with financial, economic and public policy research and data. </div></div>

BFST

CFO Greg Robertson of Business First Bancshares Inc filed a Form 4 with the SEC, disclosing changes in ownership. On December 12, 2025, he exercised 1,833 shares and surrendered 502 shares at $27.71 each to cover option exercise costs and tax liabilities. His ending direct holdings are 69,166 shares.

CFO Robertson Acquires 1,331 Of Business First Bancshares Inc [BFST]