Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-29

BancFirst Corp (BANF)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,053,653
John K. Slay, Jr. total, FY2025
Executive Vice President and Chief Credit Officer, BancFirsthighest-paid officer; CEO David R. Harlow: $1,007,628
CEO (David R. Harlow) pay percentile vs peers
21:1
CEO-to-median pay ratio
98.15%
Say-on-pay support, latest vote
Companies that benchmark against BANF
14 companies name BANF as a compensation peer

Each company listed discloses BANF in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BANF in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
John K. Slay, Jr.$495,000$28,571$338,250$0$111,375$41,966$38,491$1,053,653
Executive Vice President and Chief Credit Officer, BancFirst
David R. Harlow725,000000181,25067,19134,1871,007,628
President and Chief Executive Officer, BancFirst Corporation
Darryl W. Schmidt725,000000181,25066,59931,1691,004,018
President and Chief Executive Officer, BancFirst
Scott Copeland500,000000125,00055,00027,713707,713
Executive Vice President and Chief Operations Officer, BancFirst
Hannah Andrus300,00000075,000026,310401,310
Executive Vice President, Chief Financial Officer and Treasurer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
John K. Slay, Jr.$1,053,653
David R. Harlow1,007,628
Darryl W. Schmidt1,004,018
Scott Copeland707,713671,535633,837+36,178
Hannah Andrus401,310650,156−248,846

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
John K. Slay, Jr.Chief Credit Officer2026-04-03A68$0$0CommonForm 4 ↗
Scott CopelandExecutive Vice President2026-04-03A8900CommonForm 4 ↗
David R. HarlowDirector2026-04-03A8000CommonForm 4 ↗
Kelly FosterSenior Vice President2026-04-03A6100CommonForm 4 ↗
Dennis Jay HannahExecutive Vice President2026-04-03A5800CommonForm 4 ↗
Dara WanzerExecutive Vice President2026-04-03A4200CommonForm 4 ↗
Dennis L. Brand2026-04-03A6200CommonForm 4 ↗
Roy C. Ferguson2026-04-03A10500CommonForm 4 ↗
Hannah AndrusExecutive Vice President2026-04-03A5800CommonForm 4 ↗
Darryl W. SchmidtDirector2026-04-03A7600CommonForm 4 ↗
Hannah AndrusExecutive Vice President2026-04-17A80000CommonForm 4 ↗
Dividend-equivalent accruals2026-04-178001 insider, 1 accrual row
Jason A. CarrollChief Risk Officer2026-04-20A20000CommonForm 4 ↗
Jason A. CarrollChief Risk Officer2026-04-20D20010721,344Derivative, Class A CommonForm 4 ↗
David E. RainboltDirector2026-04-23D17,5271162,024,859CommonForm 4 ↗
David E. RainboltDirector2026-04-23D65011574,765CommonForm 4 ↗
David E. RainboltDirector2026-04-27D24,6141162,844,209CommonForm 4 ↗
David E. RainboltDirector2026-04-27D20511523,577CommonForm 4 ↗
David E. RainboltDirector2026-04-29D1115115CommonForm 4 ↗
David E. RainboltDirector2026-05-06D9,0011151,036,066CommonForm 4 ↗
David E. RainboltDirector2026-05-06D6,219115715,623CommonForm 4 ↗
David E. RainboltDirector2026-07-27D29,7401163,464,365CommonForm 4 ↗
David E. RainboltDirector2026-07-28D81,4921179,511,037CommonForm 4 ↗
David E. RainboltDirector2026-07-29D12,7181151,463,161CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 24 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
John K. Slay, Jr.Chief Credit Officer2026-04-03A68$0$0CommonForm 4 ↗
Scott CopelandExecutive Vice President2026-04-03A8900CommonForm 4 ↗
David R. HarlowDirector2026-04-03A8000CommonForm 4 ↗
Kelly FosterSenior Vice President2026-04-03A6100CommonForm 4 ↗
Dennis Jay HannahExecutive Vice President2026-04-03A5800CommonForm 4 ↗
Dara WanzerExecutive Vice President2026-04-03A4200CommonForm 4 ↗
Dennis L. Brand2026-04-03A6200CommonForm 4 ↗
Roy C. Ferguson2026-04-03A10500CommonForm 4 ↗
Hannah AndrusExecutive Vice President2026-04-03A5800CommonForm 4 ↗
Darryl W. SchmidtDirector2026-04-03A7600CommonForm 4 ↗
Hannah AndrusExecutive Vice President2026-04-17A80000CommonForm 4 ↗
Hannah AndrusExecutive Vice President2026-04-17D80000Derivative, Class A CommonForm 4 ↗
Jason A. CarrollChief Risk Officer2026-04-20A20000CommonForm 4 ↗
Jason A. CarrollChief Risk Officer2026-04-20D20010721,344Derivative, Class A CommonForm 4 ↗
David E. RainboltDirector2026-04-23D17,5271162,024,859CommonForm 4 ↗
David E. RainboltDirector2026-04-23D65011574,765CommonForm 4 ↗
David E. RainboltDirector2026-04-27D24,6141162,844,209CommonForm 4 ↗
David E. RainboltDirector2026-04-27D20511523,577CommonForm 4 ↗
David E. RainboltDirector2026-04-29D1115115CommonForm 4 ↗
David E. RainboltDirector2026-05-06D9,0011151,036,066CommonForm 4 ↗
David E. RainboltDirector2026-05-06D6,219115715,623CommonForm 4 ↗
David E. RainboltDirector2026-07-27D29,7401163,464,365CommonForm 4 ↗
David E. RainboltDirector2026-07-28D81,4921179,511,037CommonForm 4 ↗
David E. RainboltDirector2026-07-29D12,7181151,463,161CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
John K. Slay, Jr.RSU2025-07-182,500$338,250
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
John K. Slay, Jr.$338,250$0$00.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Darryl W. SchmidtOption32,50051.3
Scott CopelandOption10,00094.86
John K. Slay, Jr.Option1,018,77161.83
David R. HarlowOption32,50051.3
John K. Slay, Jr.Option25,00075.71
Hannah AndrusRSU4,000424,080
John K. Slay, Jr.RSU2,500265,050
05

Incentive-plan design — the Compensation Discussion & Analysis

The company aims to provide competitive salaries and appropriate incentives to achieve long-term shareholder return while maintaining safety and soundness. The program is designed to attract and retain qualified executives, provide incentives for corporate and individual performance, and align management interests with shareholders.

CEO STI target (% of salary)NaN%
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2828,660,802447,09293,32098.15%Passed
20252025-05-2227,886,932175,82932,87499.26%Passed
20242024-05-2327,866,611132,06299,06199.18%Passed
20232023-05-2527,750,612291,739149,75698.43%Passed
20172017-05-2513,528,31512,53186,92599.27%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2898.15%a
20252025-05-2299.26%b
20242024-05-2399.18%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "against" this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "against" this proposal.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "against" this proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)21 : 1
CEO total compensation$1,007,628
Median employee compensation$47,840
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
David E. RainboltNot independent · Board Chair · Executive$360,000$0$0$0$0$360,000
G. Rainey Williams, JrIndependent · Lead Independent Director · Compensation (Chair) · Audit · Independent Directors68,00047,4510024,000139,451
Gregory G. WedelIndependent · Audit (Chair) · Independent Directors0119,128000119,128
Tom H. McCasland, IIIIndependent · Independent Directors48,00041,8840024,000113,884
Joseph FordIndependent · Audit · Compensation · Independent Directors084,80800084,808
F. Ford DrummondIndependent · Compensation · Independent Directors26,00031,5460024,00081,546
William Scott MartinIndependent · Audit · Independent Directors72,000000072,000
Natalie ShirleyIndependent · Independent Directors065,73200065,732
Bill G. LanceIndependent · Independent Directors10,00053,65600063,656
Kimberly IngramIndependent · Audit · Independent Directors062,52200062,522
Robin RobersonIndependent · Information Security · Sustainability · Independent Directors32,00027,99900059,999
Dave R. LopezIndependent · Independent Directors42,0007,00700049,007
Dr. Leslie J. RainboltIndependent · Independent Directors048,91800048,918
Mautra Staley JonesIndependent · Independent Directors48,000000048,000
Michael K. WallaceIndependent · Independent Directors48,000000048,000
Darryl W. SchmidtEmployee director · Executive · Information Security00000
David R. HarlowEmployee director · Executive · Information Security · Sustainability00000
09

Board fee structure and ownership guideline

Annual cash retainer$24,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)24,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$754,000
Equity awards (grant-date value)$590,651
All other compensation$72,000
Total cost of the board$1,416,651

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1BancFirst Corp2025David R. Harlow$725,000$0$0$181,250$1,007,628

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

FAQ

Frequently asked questions

Who was the highest-paid executive at BancFirst Corp in fiscal 2025?
The highest-paid executive at BancFirst Corp in fiscal 2025 was John K. Slay, Jr., who received total compensation of $1,053,653.
How does BancFirst Corp's chief executive pay compare to its disclosed peer group?
As disclosed, the CEO pay percentile of disclosed peers was not disclosed in this extract.
What is BancFirst Corp's CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio for BancFirst Corp was 21:1.
How did shareholders vote on BancFirst Corp's executive compensation?
Shareholders voted 98.15% in support of BancFirst Corp's executive compensation.
How much does BancFirst Corp spend in total on board compensation for fiscal 2025?
Total board compensation for BancFirst Corp in fiscal 2025 was $1,416,651.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, John K. Slay, Jr.DEF 14A2026-04-030001193125-26-141692Section “Summary Compensation Table” · page 29. As printed: 1,053,653. Filing ↗machine: t16 · r20 · c31 · span 941143–941152
2Section 01, David R. HarlowDEF 14A2026-04-030001193125-26-141692Section “Summary Compensation Table” · page 29. As printed: 1,007,628. Filing ↗machine: t16 · r4 · c30 · span 773934–773943
3Section 01, Darryl W. SchmidtDEF 14A2026-04-030001193125-26-141692Section “Summary Compensation Table” · page 29. As printed: 1,004,018. Filing ↗machine: t16 · r12 · c31 · span 855593–855602
4Section 01, Scott CopelandDEF 14A2026-04-030001193125-26-141692Section “Summary Compensation Table” · page 29. As printed: 707,713. Filing ↗machine: t16 · r16 · c31 · span 898421–898428
5Section 01, Hannah AndrusDEF 14A2026-04-030001193125-26-141692Section “Summary Compensation Table” · page 29. As printed: 401,310. Filing ↗machine: t16 · r8 · c31 · span 816343–816350
6Section 03, John K. Slay, Jr. RSUDEF 14A2026-04-030001193125-26-141692Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t16 · r20 · c19 · span 936918–936925
7Section 07, pay ratioDEF 14A2026-04-030001193125-26-141692Section “CEO Pay Ratio”. As printed: 21 : 1. Filing ↗machine: span 1232464–1232471
8Section 08, David E. RainboltDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 360,000. Filing ↗machine: t26 · r11 · c3 · span 1517428–1517435
9Section 08, G. Rainey Williams, JrDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 139,451. Filing ↗machine: t26 · r17 · c22 · span 1572561–1572568
10Section 08, Gregory G. WedelDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 119,128. Filing ↗machine: t26 · r16 · c7 · span 1559277–1559284
11Section 08, Tom H. McCasland, IIIDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 113,884. Filing ↗machine: t26 · r10 · c23 · span 1515584–1515591
12Section 08, Joseph FordDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 84,808. Filing ↗machine: t26 · r4 · c7 · span 1461525–1461531
13Section 08, F. Ford DrummondDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 81,546. Filing ↗machine: t26 · r3 · c23 · span 1458306–1458312
14Section 08, William Scott MartinDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 72,000. Filing ↗machine: t26 · r9 · c3 · span 1500615–1500621
15Section 08, Natalie ShirleyDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 65,732. Filing ↗machine: t26 · r14 · c7 · span 1543089–1543095
16Section 08, Bill G. LanceDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 63,656. Filing ↗machine: t26 · r7 · c21 · span 1490675–1490681
17Section 08, Kimberly IngramDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 62,522. Filing ↗machine: t26 · r5 · c7 · span 1469623–1469629
18Section 08, Robin RobersonDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 59,999. Filing ↗machine: t26 · r13 · c21 · span 1539866–1539872
19Section 08, Dave R. LopezDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 49,007. Filing ↗machine: t26 · r8 · c21 · span 1498769–1498775
20Section 08, Dr. Leslie J. RainboltDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 48,918. Filing ↗machine: t26 · r12 · c7 · span 1526907–1526913
21Section 08, Mautra Staley JonesDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 48,000. Filing ↗machine: t26 · r6 · c3 · span 1476333–1476339
22Section 08, Michael K. WallaceDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 48,000. Filing ↗machine: t26 · r15 · c3 · span 1549806–1549812
23Section 08, Darryl W. SchmidtDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 0. Filing ↗
24Section 08, David R. HarlowDEF 14A2026-04-030001193125-26-141692Section “Director Compensation”. As printed: 0. Filing ↗
25Section 02, John K. Slay, Jr. 2026-04-03Form 42026-04-030000760498-26-000038Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Scott Copeland 2026-04-03Form 42026-04-030000760498-26-000033Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, David R. Harlow 2026-04-03Form 42026-04-030000760498-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Kelly Foster 2026-04-03Form 42026-04-030000760498-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Dennis Jay Hannah 2026-04-03Form 42026-04-030000760498-26-000035Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Dara Wanzer 2026-04-03Form 42026-04-030000760498-26-000039Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Dennis L. Brand 2026-04-03Form 42026-04-030000760498-26-000029Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Roy C. Ferguson 2026-04-03Form 42026-04-030000760498-26-000031Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Hannah Andrus 2026-04-03Form 42026-04-030000760498-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Darryl W. Schmidt 2026-04-03Form 42026-04-030000760498-26-000037Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Hannah Andrus 2026-04-17Form 42026-04-200000760498-26-000041Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Hannah Andrus 2026-04-17Form 42026-04-200000760498-26-000041Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Jason A. Carroll 2026-04-20Form 42026-04-200000760498-26-000040Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Jason A. Carroll 2026-04-20Form 42026-04-200000760498-26-000040Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, David E. Rainbolt 2026-04-23Form 42026-04-240000760498-26-000042Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, David E. Rainbolt 2026-04-23Form 42026-04-240000760498-26-000042Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, David E. Rainbolt 2026-04-27Form 42026-04-280000760498-26-000043Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, David E. Rainbolt 2026-04-27Form 42026-04-280000760498-26-000043Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, David E. Rainbolt 2026-04-29Form 42026-05-010000760498-26-000044Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, David E. Rainbolt 2026-05-06Form 42026-05-070000760498-26-000045Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, David E. Rainbolt 2026-05-06Form 42026-05-070000760498-26-000045Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, David E. Rainbolt 2026-07-27Form 42026-07-280000760498-26-000047Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, David E. Rainbolt 2026-07-28Form 42026-07-290000760498-26-000048Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, David E. Rainbolt 2026-07-29Form 42026-07-290000760498-26-000049Insider equity transaction reported since the proxy statement. Filing ↗
49Section 06, 2026 voteForm 8-K2026-05-280001193125-26-245174Item 5.07 · say-on-pay result. As reported: 98.15% (votes for as printed: 28,660,802). Filing ↗
50Section 06, 2025 voteForm 8-K2025-05-220000950170-25-076262Item 5.07 · say-on-pay result. As reported: 99.26% (votes for as printed: 27,886,932). Filing ↗
51Section 06, 2024 voteForm 8-K2024-05-230000950170-24-063897Item 5.07 · say-on-pay result. As reported: 99.18% (votes for as printed: 27,866,611). Filing ↗
52Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
53Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
54Section 09b board cost (computed)ComputedcomputedCash 754,000 + equity 590,651 + all other 72,000 = 1,416,651, summed across the director compensation table rows.machine: formula: Σ = 1,416,651
55BancFirst Corp (subject), Section 10b CEO totalDEF 14A2026-04-030001193125-26-141692CEO total compensation as printed in BancFirst Corp's own proxy. As printed: 1,007,628. Filing ↗machine: t16 · r4 · c30 · span 773934–773943