Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-31

Business First Bancshares, Inc. (BFST)

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.

$2,582,764
David Melville, III total, FY2025
55th
CEO pay percentile vs peers
33:1
CEO-to-median pay ratio
97.9%
Say-on-pay support, latest vote
Companies that benchmark against BFST
11 companies name BFST as a compensation peer

Each company listed discloses BFST 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 BFST 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
David Melville, III$801,500$0$864,506$0$666,582$202,106$48,070$2,582,764
Chairman, President, and Chief Executive Officer
Norman Vascocu489,5000476,9990289,37944,075109,2931,409,246
President of the Bank
Gregory Robertson434,0000309,7640219,60146,45837,2441,047,067
Executive Vice President and Chief Financial Officer
Philip Jordan432,5000309,7640200,51453,40042,5921,038,770
Executive Vice President and Chief Banking Officer
Keith Mansfield434,0000309,7640219,60130,39634,8751,028,636
Executive Vice President and Chief Operating Officer

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
David Melville, III$2,582,764$3,116,949−534,185
Norman Vascocu1,409,2461,621,120−211,874
Gregory Robertson1,047,0671,269,218987,004−222,151
Philip Jordan1,038,7701,287,5101,007,894−248,740
Keith Mansfield1,028,6361,252,368968,555−223,732

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
George W. Cummings IIIDirector2026-05-22D10,000$28$279,900CommonForm 4 ↗
George W. Cummings IIIDirector2026-05-27D11,59528323,732CommonForm 4 ↗
George W. Cummings IIIDirector2026-06-08D15,00029428,100CommonForm 4 ↗
George W. Cummings IIIDirector2026-06-10D15,00029433,350CommonForm 4 ↗
George W. Cummings IIIDirector2026-06-10D5,00029143,900CommonForm 4 ↗
Dividend-equivalent accruals2026-06-252,0451 insider, 3 accrual rows
Ricky D. DayDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Zeenat SidiDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Rolfe H. McCollister, JrDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Zeenat SidiDirector2026-06-25A1,016CommonForm 4 ↗
Aimee QuirkDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Patrick E. MocklerDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Mark P. FolseDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Aimee QuirkDirector2026-06-25A1,016CommonForm 4 ↗
Steven G. WhiteDirector2026-06-25A1,016CommonForm 4 ↗
Steven G. WhiteDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Steven G. WhiteDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Keith A. TillageDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Keith A. TillageDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Zeenat SidiDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Alejandro SanchezDirector2026-06-25A1,016CommonForm 4 ↗
Alejandro SanchezDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Arthur J. PriceDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Arthur J. PriceDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
David A. Montgomery, JrDirector2026-06-25A1,016CommonForm 4 ↗
David A. Montgomery, JrDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Patrick E. MocklerDirector2026-06-25A1,016CommonForm 4 ↗
Patrick E. MocklerDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Rolfe H. McCollister, JrDirector2026-06-25A1,016CommonForm 4 ↗
J. Vernon JohnsonDirector2026-06-25A1,016CommonForm 4 ↗
J. Vernon JohnsonDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
William G. HallDirector2026-06-25A1,016CommonForm 4 ↗
William G. HallDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Mark P. FolseDirector2026-06-25A1,016CommonForm 4 ↗
Mark P. FolseDirector2026-06-25D998Derivative, Class A CommonForm 4 ↗
John P. DucrestDirector2026-06-25A1,016CommonForm 4 ↗
John P. DucrestDirector2026-06-25D1,016CommonForm 4 ↗
John P. DucrestDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Arthur J. PriceDirector2026-06-25A1,016CommonForm 4 ↗
Ricky D. DayDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
George W. Cummings IIIDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Ricky D. DayDirector2026-06-25A1,016CommonForm 4 ↗
Keith A. TillageDirector2026-06-25A1,016CommonForm 4 ↗
Aimee QuirkDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
David A. Montgomery, JrDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Rolfe H. McCollister, JrDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
William G. HallDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Alejandro SanchezDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
J. Vernon JohnsonDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
John P. DucrestDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
George W. Cummings IIIDirector2026-07-28D10,00032318,600CommonForm 4 ↗
Ricky D. DayDirector2026-07-28A1,5003247,415CommonForm 4 ↗
J. Vernon JohnsonDirector2026-07-28D10,00032317,500Common, open-market saleForm 4 ↗
George W. Cummings IIIDirector2026-07-28D10,00032318,800CommonForm 4 ↗
J. Vernon JohnsonDirector2026-07-28D2,0003162,300CommonForm 4 ↗
George W. Cummings IIIDirector2026-07-30D10,00032320,800CommonForm 4 ↗
George W. Cummings IIIDirector2026-07-30D10,00032315,000CommonForm 4 ↗
Keith MansfieldEVP&COO of b1Bank2026-07-30D4,20032134,736Common, open-market saleForm 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 60 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
George W. Cummings IIIDirector2026-05-22D10,000$28$279,900CommonForm 4 ↗
George W. Cummings IIIDirector2026-05-27D11,59528323,732CommonForm 4 ↗
George W. Cummings IIIDirector2026-06-08D15,00029428,100CommonForm 4 ↗
George W. Cummings IIIDirector2026-06-10D15,00029433,350CommonForm 4 ↗
George W. Cummings IIIDirector2026-06-10D5,00029143,900CommonForm 4 ↗
William G. HallDirector2026-06-25A76700Derivative, Class A CommonForm 4 ↗
Ricky D. DayDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Zeenat SidiDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Rolfe H. McCollister, JrDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Zeenat SidiDirector2026-06-25A1,016CommonForm 4 ↗
Aimee QuirkDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Patrick E. MocklerDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Mark P. FolseDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Aimee QuirkDirector2026-06-25A1,016CommonForm 4 ↗
Steven G. WhiteDirector2026-06-25A1,016CommonForm 4 ↗
Steven G. WhiteDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Steven G. WhiteDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Keith A. TillageDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Keith A. TillageDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Zeenat SidiDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Alejandro SanchezDirector2026-06-25A1,016CommonForm 4 ↗
Alejandro SanchezDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Arthur J. PriceDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Arthur J. PriceDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
David A. Montgomery, JrDirector2026-06-25A1,016CommonForm 4 ↗
David A. Montgomery, JrDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Patrick E. MocklerDirector2026-06-25A1,016CommonForm 4 ↗
Patrick E. MocklerDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Rolfe H. McCollister, JrDirector2026-06-25A1,016CommonForm 4 ↗
J. Vernon JohnsonDirector2026-06-25A1,016CommonForm 4 ↗
J. Vernon JohnsonDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
William G. HallDirector2026-06-25A1,016CommonForm 4 ↗
William G. HallDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
William G. HallDirector2026-06-25A51100Derivative, Class A CommonForm 4 ↗
William G. HallDirector2026-06-25A76700Derivative, Class A CommonForm 4 ↗
Mark P. FolseDirector2026-06-25A1,016CommonForm 4 ↗
Mark P. FolseDirector2026-06-25D998Derivative, Class A CommonForm 4 ↗
John P. DucrestDirector2026-06-25A1,016CommonForm 4 ↗
John P. DucrestDirector2026-06-25D1,016CommonForm 4 ↗
John P. DucrestDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Arthur J. PriceDirector2026-06-25A1,016CommonForm 4 ↗
Ricky D. DayDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
George W. Cummings IIIDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Ricky D. DayDirector2026-06-25A1,016CommonForm 4 ↗
Keith A. TillageDirector2026-06-25A1,016CommonForm 4 ↗
Aimee QuirkDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
David A. Montgomery, JrDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
Rolfe H. McCollister, JrDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
William G. HallDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
Alejandro SanchezDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
J. Vernon JohnsonDirector2026-06-25D1,016Derivative, Class A CommonForm 4 ↗
John P. DucrestDirector2026-06-25A998Derivative, Class A CommonForm 4 ↗
George W. Cummings IIIDirector2026-07-28D10,00032318,600CommonForm 4 ↗
Ricky D. DayDirector2026-07-28A1,5003247,415CommonForm 4 ↗
J. Vernon JohnsonDirector2026-07-28D10,00032317,500Common, open-market saleForm 4 ↗
George W. Cummings IIIDirector2026-07-28D10,00032318,800CommonForm 4 ↗
J. Vernon JohnsonDirector2026-07-28D2,0003162,300CommonForm 4 ↗
George W. Cummings IIIDirector2026-07-30D10,00032320,800CommonForm 4 ↗
George W. Cummings IIIDirector2026-07-30D10,00032315,000CommonForm 4 ↗
Keith MansfieldEVP&COO of b1Bank2026-07-30D4,20032134,736Common, open-market saleForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Gregory RobertsonPSU2025-03-015,838$154,882
Keith MansfieldPSU2025-03-015,838154,882
David Melville, IIIRSU432,253
David Melville, IIIRSU16,293432,253
Gregory RobertsonRSU2025-03-015,838154,882
Philip JordanRSU2025-03-015,838154,882
Philip JordanPSU2025-03-015,838154,882
Keith MansfieldRSU2025-03-015,838154,882
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Gregory Robertson$154,882$154,882$050.0%
Keith Mansfield154,882154,882050.0%
David Melville, III864,506000.0%
Philip Jordan154,882154,882050.0%

% 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
Philip JordanRSU22,689$646,416
Gregory RobertsonRSU22,689646,416
Keith MansfieldRSU31,130886,902
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company s executive compensation program is designed to attract and retain highly qualified executives and to motivate them to maximize shareholder value while managing risk appropriately and maintaining the safety and soundness of the organization.

CEO STI target (% of salary)65%
CEO LTI target (% of salary)
Independent consultantAon's Human Capital Solutions practice (McLagan)
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2117,895,672230,620154,02497.9%Passed
20252025-05-2214,283,4621,075,79454,77592.67%Passed
20242024-05-2313,237,720831,470257,44692.4%Passed
20232023-07-278,617,3485,762,967266,62358.83%Passed
20222022-06-2311,569,894224,80516,57397.96%Passed
20212021-05-279,899,331572,42657,06594.53%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
20262026-05-2197.9%a
20252025-05-2292.67%b
20242024-05-2392.4%c

a. Approved under the standard stated in the filing — “Any abstentions will not have the effect of a vote against the proposals to ratify the appointment of Forvis Mazars, LLP as our independent registered public accounting firm or the Say-on-Pay Proposal.”.

b. Approved under the standard stated in the filing — “Any abstentions will not have the effect of a vote against the proposals to ratify the appointment of Forvis Mazars, LLP as our independent registered public accounting firm or the Say-on-Pay Proposal.”.

c. Approved under the standard stated in the filing — “Any abstentions will not have the effect of a vote against the proposals to ratify the appointment of FORVIS, LLP as our independent registered public accounting firm or the Say-on-Pay 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)33 : 1
CEO total compensation$2,582,764
Median employee compensation$77,409
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Mark P. FolseIndependent · Lead Independent Director · Nominating/Corporate Governance$65,523$25,024$0$0$0$90,547
Rolfe H. McCollister, JrIndependent · Compensation · Nominating/Corporate Governance63,82825,02400088,852
David A. Montgomery, JrIndependent · Audit (Chair)43,76125,02400068,785
Arthur J. PriceIndependent41,66125,02400066,685
Patrick E. MocklerIndependent · Compensation (Chair)41,15725,02400066,181
Steven G. WhiteIndependent · Audit · Nominating/Corporate Governance (Chair)40,79425,02400065,818
John P. DucrestIndependent38,16125,02400063,185
J. Vernon JohnsonIndependent · Audit · Compensation35,82825,02400060,852
Ricky D. DayIndependent · Compensation · Nominating/Corporate Governance35,16125,02400060,185
Carol M. CalkinsIndependent · Audit · Compensation · Not standing for re-election32,99425,02400058,018
Zeenat SidiIndependent · Audit32,34225,02400057,366
Keith A. TillageIndependent · Nominating/Corporate Governance31,16125,02400056,185
Aimee QuirkIndependent · Compensation28,57825,02400053,602
Alejandro SanchezIndependent · Nominating/Corporate Governance21,25025,02400046,274
William G. HallIndependent33,750000033,750
Kenneth Wm. SmithIndependent · Not standing for re-election31,885000031,885
James J. Buquet, IIIIndependent · Not standing for re-election14,744000014,744
George W. Cummings IIIIndependent · Audit · Newly elected000000
David R. Melville, IIIEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$25,000
Annual equity retainer$25,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline$75,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$632,578
Equity awards (grant-date value)$350,336
All other compensation$0
Total cost of the board$982,914

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

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Business First Bancshares, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Business First Bancshares, Inc..

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
1Amerant Bancorp Inc.2025Gerald Plush$872,000$1,212,318$0$0$5,883,243
2Triumph Financial, Inc.2025Aaron Graft725,0002,808,839634,360362,8954,607,786
3Seacoast Banking Corp. of Florida2025Charles Shaffer991,3751,749,96301,500,0004,481,361
4National Bank Holdings Corp.2025G. Timothy Laney930,7691,444,94601,153,2413,725,952
5Stock Yards Bancorp, Inc.2025James Hillebrand875,000656,250218,7501,487,5003,380,337
6Veritex Holdings, Inc2024C. Malcolm Holland, III850,0001,144,032003,187,601
7Equity Bancshares, Inc.2025Brad Elliott857,995663,156281,500854,4273,073,975
8Stellar Bancorp, Inc.2024Robert Franklin, Jr785,0001,088,1060763,1512,678,922
9Origin Bancorp, Inc.2025Drake Mills835,8001,002,9840733,0632,640,828
10Business First Bancshares, Inc.2025David Melville, III801,500864,5060666,5822,582,764
11Third Coast Bancshares, Inc.2025Bart Caraway654,231385,457002,503,561
12The First Bancshares, Inc.2023M. Ray (Hoppy) Cole, Jr.706,072803,4430224,8312,426,148
13Great Southern Bancorp, Inc.2025Joseph Turner518,072093,756872,9701,815,277
14SmartFinancial, Inc.2025William Carroll, Jr.657,297476,7570509,4331,717,633
15First Bancorp, Inc.2025Tony McKim850,000255,00001,589,276
16HomeTrust Bancshares, Inc.2025C. Hunter Westbrook675,769349,4000422,5301,487,191
17Guaranty Bancshares, Inc.2024Tyson Abston688,95300493,3351,347,196
18Home Bancorp, Inc.2025John Bordelon585,00400485,0001,235,742
19South Plains Financial, Inc.2025Curtis Griffith425,000124,972153,717255,0001,232,779
20Southside Bancshares, Inc.2025Keith Donahoe580,000252,0320220,1211,224,314
21Southern First Bancshares, Inc.2025R. Arthur Seaver, Jr.515,000204,608001,146,832
22First Guaranty Bancshares, Inc.2025Michael Mineer413,333000464,421

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Business First Bancshares, Inc.123.93%RSU 50 · PSU 50NoAon's Human Capital Solutions practice (McLagan)
Amerant Bancorp Inc.not disclosedRSU 50 · PSU 50NoAon's Human Capital Solutions
Equity Bancshares, Inc.132.1%RSU 50 · PSU 50Yes — Total Stockholder Return (TSR)Blanchard Consulting Group
First Bancorp, Inc.120%RSU 100not disclosedPearl Meyer & Partners
First Guaranty Bancshares, Inc.not disclosednot disclosednot disclosednot disclosed
Great Southern Bancorp, Inc.not disclosedOption 100not disclosedPearl Meyer & Partners, LLC
Guaranty Bancshares, Inc.not disclosednot disclosednot disclosedPearl Meyer & Partners
Home Bancorp, Inc.not disclosedRSU 100not disclosednot disclosed
HomeTrust Bancshares, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
National Bank Holdings Corp.124%PSU 50 · RSU 50NoPay Governance
Origin Bancorp, Inc.109.6%PSU 50 · RSU 50NoMeridian Compensation Partners, LLC
Seacoast Banking Corp. of Florida150%PSU 75 · RSU 25NoMeridian Compensation Partners
SmartFinancial, Inc.127.3%RSU 100NoBlanchard Consulting Group
South Plains Financial, Inc.not disclosednot disclosednot disclosednot disclosed
Southern First Bancshares, Inc.not disclosedRSU 100not disclosedMcLagan (Aon Company)
Southside Bancshares, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
Stellar Bancorp, Inc.102.33%PSU 60 · RSU 40NoAon Human Capital Solutions
Stock Yards Bancorp, Inc.200%PSU 75 · Options 25NoAon's Human Capital Solutions
The First Bancshares, Inc.not disclosedPSU 100not disclosedBlanchard Consulting Group
Third Coast Bancshares, Inc.not disclosednot disclosednot disclosedHFG
Triumph Financial, Inc.83%PSU 50 · RSU 25 · Options 25Yes — Total Shareholder Return (TSR) - Banking Peer Group (Relative)Meridian Compensation Partners LLC
Veritex Holdings, Inc98.5%PSU 60 · RSU 40NoPearl Meyer

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Business First Bancshares, Inc. in fiscal 2025?
The highest-paid executive at Business First Bancshares, Inc. in fiscal 2025 was David Melville, III, serving as Chairman, President, and Chief Executive Officer.
How does Business First Bancshares, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, the CEO's pay was at the 55th percentile of the peer group.
What is Business First Bancshares, Inc.'s CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio was 33:1.
How did shareholders vote on Business First Bancshares, Inc.'s executive compensation?
Shareholders voted 97.9% in support of the executive compensation plan.
How much does Business First Bancshares, Inc. spend in total on board compensation for fiscal 2025?
Total board compensation for fiscal 2025 was $982,914.

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, David Melville, IIIDEF 14A2026-04-080001437749-26-011695Section “Summary Compensation Table”. As printed: 2,582,764. Filing ↗machine: t162 · r8 · c22 · span 576719–576728
2Section 01, Norman VascocuDEF 14A2026-04-080001437749-26-011695Section “Summary Compensation Table”. As printed: 1,409,246. Filing ↗machine: t162 · r20 · c22 · span 622050–622059
3Section 01, Gregory RobertsonDEF 14A2026-04-080001437749-26-011695Section “Summary Compensation Table”. As printed: 1,047,067. Filing ↗machine: t162 · r11 · c22 · span 588014–588023
4Section 01, Philip JordanDEF 14A2026-04-080001437749-26-011695Section “Summary Compensation Table”. As printed: 1,038,770. Filing ↗machine: t162 · r14 · c22 · span 599304–599313
5Section 01, Keith MansfieldDEF 14A2026-04-080001437749-26-011695Section “Summary Compensation Table”. As printed: 1,028,636. Filing ↗machine: t162 · r17 · c22 · span 610594–610603
6Section 03, Gregory Robertson PSUDEF 14A2026-04-080001437749-26-011695Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t165 · r12 · c22 · span 702452–702459
7Section 03, Keith Mansfield PSUDEF 14A2026-04-080001437749-26-011695Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t157 · r5 · c7 · span 509203–509210
8Section 03, David Melville, III RSUDEF 14A2026-04-080001437749-26-011695Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t157 · r2 · c7 · span 499461–499468
9Section 03, David Melville, III RSUDEF 14A2026-04-080001437749-26-011695Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t157 · r2 · c7 · span 499461–499468
10Section 03, Gregory Robertson RSUDEF 14A2026-04-080001437749-26-011695Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t165 · r12 · c22 · span 702452–702459
11Section 03, Philip Jordan RSUDEF 14A2026-04-080001437749-26-011695Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t157 · r4 · c7 · span 505956–505963
12Section 03, Philip Jordan PSUDEF 14A2026-04-080001437749-26-011695Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t157 · r4 · c7 · span 505956–505963
13Section 03, Keith Mansfield RSUDEF 14A2026-04-080001437749-26-011695Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t157 · r5 · c7 · span 509203–509210
14Section 07, pay ratioDEF 14A2026-04-080001437749-26-011695Section “CEO Pay Ratio”. As printed: 33 : 1. Filing ↗machine: span 1268383–1268385
15Section 08, Mark P. FolseDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 90,547. Filing ↗machine: t180 · r12 · c26 · span 1213263–1213269
16Section 08, Rolfe H. McCollister, JrDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 88,852. Filing ↗machine: t180 · r15 · c26 · span 1224498–1224504
17Section 08, David A. Montgomery, JrDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 68,785. Filing ↗machine: t180 · r18 · c25 · span 1235778–1235784
18Section 08, Arthur J. PriceDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 66,685. Filing ↗machine: t180 · r19 · c26 · span 1239545–1239551
19Section 08, Patrick E. MocklerDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 66,181. Filing ↗machine: t180 · r17 · c26 · span 1231963–1231969
20Section 08, Steven G. WhiteDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 65,818. Filing ↗machine: t180 · r25 · c26 · span 1262069–1262075
21Section 08, John P. DucrestDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 63,185. Filing ↗machine: t180 · r11 · c26 · span 1209501–1209507
22Section 08, J. Vernon JohnsonDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 60,852. Filing ↗machine: t180 · r14 · c26 · span 1220721–1220727
23Section 08, Ricky D. DayDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 60,185. Filing ↗machine: t180 · r10 · c26 · span 1205737–1205743
24Section 08, Carol M. CalkinsDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 58,018. Filing ↗machine: t180 · r9 · c26 · span 1201973–1201979
25Section 08, Zeenat SidiDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 57,366. Filing ↗machine: t180 · r22 · c26 · span 1250840–1250846
26Section 08, Keith A. TillageDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 56,185. Filing ↗machine: t180 · r24 · c26 · span 1258302–1258308
27Section 08, Aimee QuirkDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 53,602. Filing ↗machine: t180 · r20 · c26 · span 1243308–1243314
28Section 08, Alejandro SanchezDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 46,274. Filing ↗machine: t180 · r21 · c26 · span 1247077–1247083
29Section 08, William G. HallDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 33,750. Filing ↗machine: t180 · r13 · c3 · span 1214162–1214168
30Section 08, Kenneth Wm. SmithDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 31,885. Filing ↗machine: t180 · r23 · c3 · span 1251744–1251750
31Section 08, James J. Buquet, IIIDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 14,744. Filing ↗machine: t180 · r8 · c3 · span 1195325–1195331
32Section 08, George W. Cummings IIIDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 0. Filing ↗
33Section 08, David R. Melville, IIIDEF 14A2026-04-080001437749-26-011695Section “Director Compensation”. As printed: 0. Filing ↗
34Section 02, George W. Cummings III 2026-05-22Form 42026-05-270001437749-26-018541Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, George W. Cummings III 2026-05-27Form 42026-05-280001437749-26-018761Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, George W. Cummings III 2026-06-08Form 42026-06-090001437749-26-020053Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, George W. Cummings III 2026-06-10Form 42026-06-120001437749-26-020465Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, George W. Cummings III 2026-06-10Form 42026-06-120001437749-26-020465Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, William G. Hall 2026-06-25Form 42026-06-290001437749-26-022046Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Ricky D. Day 2026-06-25Form 42026-06-290001437749-26-022043Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Zeenat Sidi 2026-06-25Form 42026-06-290001437749-26-022054Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Rolfe H. McCollister, Jr 2026-06-25Form 42026-06-290001437749-26-022048Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Zeenat Sidi 2026-06-25Form 42026-06-290001437749-26-022054Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Aimee Quirk 2026-06-25Form 42026-06-290001437749-26-022052Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Patrick E. Mockler 2026-06-25Form 42026-06-290001437749-26-022049Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Mark P. Folse 2026-06-25Form 42026-06-290001437749-26-022045Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Aimee Quirk 2026-06-25Form 42026-06-290001437749-26-022052Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Steven G. White 2026-06-25Form 42026-06-290001437749-26-022056Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Steven G. White 2026-06-25Form 42026-06-290001437749-26-022056Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Steven G. White 2026-06-25Form 42026-06-290001437749-26-022056Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Keith A. Tillage 2026-06-25Form 42026-06-290001437749-26-022055Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Keith A. Tillage 2026-06-25Form 42026-06-290001437749-26-022055Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Zeenat Sidi 2026-06-25Form 42026-06-290001437749-26-022054Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Alejandro Sanchez 2026-06-25Form 42026-06-290001437749-26-022053Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Alejandro Sanchez 2026-06-25Form 42026-06-290001437749-26-022053Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Arthur J. Price 2026-06-25Form 42026-06-290001437749-26-022051Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Arthur J. Price 2026-06-25Form 42026-06-290001437749-26-022051Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, David A. Montgomery, Jr 2026-06-25Form 42026-06-290001437749-26-022050Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, David A. Montgomery, Jr 2026-06-25Form 42026-06-290001437749-26-022050Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Patrick E. Mockler 2026-06-25Form 42026-06-290001437749-26-022049Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Patrick E. Mockler 2026-06-25Form 42026-06-290001437749-26-022049Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Rolfe H. McCollister, Jr 2026-06-25Form 42026-06-290001437749-26-022048Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, J. Vernon Johnson 2026-06-25Form 42026-06-290001437749-26-022047Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, J. Vernon Johnson 2026-06-25Form 42026-06-290001437749-26-022047Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, William G. Hall 2026-06-25Form 42026-06-290001437749-26-022046Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, William G. Hall 2026-06-25Form 42026-06-290001437749-26-022046Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, William G. Hall 2026-06-25Form 42026-06-290001437749-26-022046Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, William G. Hall 2026-06-25Form 42026-06-290001437749-26-022046Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Mark P. Folse 2026-06-25Form 42026-06-290001437749-26-022045Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Mark P. Folse 2026-06-25Form 42026-06-290001437749-26-022045Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, John P. Ducrest 2026-06-25Form 42026-06-290001437749-26-022044Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, John P. Ducrest 2026-06-25Form 42026-06-290001437749-26-022044Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, John P. Ducrest 2026-06-25Form 42026-06-290001437749-26-022044Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Arthur J. Price 2026-06-25Form 42026-06-290001437749-26-022051Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Ricky D. Day 2026-06-25Form 42026-06-290001437749-26-022043Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, George W. Cummings III 2026-06-25Form 42026-06-290001437749-26-022042Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Ricky D. Day 2026-06-25Form 42026-06-290001437749-26-022043Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Keith A. Tillage 2026-06-25Form 42026-06-290001437749-26-022055Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Aimee Quirk 2026-06-25Form 42026-06-290001437749-26-022052Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, David A. Montgomery, Jr 2026-06-25Form 42026-06-290001437749-26-022050Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Rolfe H. McCollister, Jr 2026-06-25Form 42026-06-290001437749-26-022048Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, William G. Hall 2026-06-25Form 42026-06-290001437749-26-022046Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Alejandro Sanchez 2026-06-25Form 42026-06-290001437749-26-022053Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, J. Vernon Johnson 2026-06-25Form 42026-06-290001437749-26-022047Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, John P. Ducrest 2026-06-25Form 42026-06-290001437749-26-022044Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, George W. Cummings III 2026-07-28Form 42026-07-300001437749-26-025055Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Ricky D. Day 2026-07-28Form 42026-07-290001437749-26-024885Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, J. Vernon Johnson 2026-07-28Form 42026-07-300001437749-26-025054Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, George W. Cummings III 2026-07-28Form 42026-07-300001437749-26-025055Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, J. Vernon Johnson 2026-07-28Form 42026-07-300001437749-26-025054Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, George W. Cummings III 2026-07-30Form 42026-07-310001437749-26-025257Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, George W. Cummings III 2026-07-30Form 42026-07-310001437749-26-025257Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Keith Mansfield 2026-07-30Form 42026-07-310001437749-26-025258Insider equity transaction reported since the proxy statement. Filing ↗
94Section 06, 2026 voteForm 8-K2026-05-270001437749-26-018540Item 5.07 · say-on-pay result. As reported: 97.9% (votes for as printed: 17,895,672). Filing ↗
95Section 06, 2025 voteForm 8-K2025-05-270001437749-25-018487Item 5.07 · say-on-pay result. As reported: 92.67%. Filing ↗
96Section 06, 2024 voteForm 8-K2024-05-230001437749-24-018146Item 5.07 · say-on-pay result. As reported: 92.4%. Filing ↗
97Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
98Section 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
99Section 09b board cost (computed)ComputedcomputedCash 632,578 + equity 350,336 + all other 0 = 982,914, summed across the director compensation table rows.machine: formula: Σ = 982,914
100Amerant Bancorp Inc., Section 10b CEO totalDEF 14A2026-04-210001734342-26-000026CEO total compensation as printed in Amerant Bancorp Inc.'s own proxy. As printed: 5,883,243. Filing ↗machine: r17 · c18 · span 2263743–2263752
101Triumph Financial, Inc., Section 10b CEO totalDEF 14A2026-03-110001193125-26-102190CEO total compensation as printed in Triumph Financial, Inc.'s own proxy. As printed: 4,607,786. Filing ↗machine: r3 · c39 · span 604064–604073
102Seacoast Banking Corp. of Florida, Section 10b CEO totalDEF 14A2026-04-100001628280-26-024690CEO total compensation as printed in Seacoast Banking Corp. of Florida's own proxy. As printed: 4,481,361. Filing ↗machine: t35 · r2 · c9 · span 1567215–1567224
103National Bank Holdings Corp., Section 10b CEO totalDEF 14A2026-04-030001475841-26-000013CEO total compensation as printed in National Bank Holdings Corp.'s own proxy. As printed: 3,725,952. Filing ↗machine: t193 · r7 · c18 · span 923534–923543
104Stock Yards Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-120001437749-26-007879CEO total compensation as printed in Stock Yards Bancorp, Inc.'s own proxy. As printed: 3,380,337. Filing ↗machine: r3 · c32 · span 991255–991264
105Veritex Holdings, Inc, Section 10b CEO totalDEF 14A2025-04-290001501570-25-000053CEO total compensation as printed in Veritex Holdings, Inc's own proxy. As printed: 3,187,601. Filing ↗machine: t26 · r2 · c23 · span 595706–595715
106Equity Bancshares, Inc., Section 10b CEO totalDEF 14A2026-03-120001193125-26-103215CEO total compensation as printed in Equity Bancshares, Inc.'s own proxy. As printed: 3,073,975. Filing ↗machine: t185 · r2 · c31 · span 655068–655077
107Stellar Bancorp, Inc., Section 10b CEO totalDEF 14A2025-04-100001104659-25-033748CEO total compensation as printed in Stellar Bancorp, Inc.'s own proxy. As printed: 2,678,922. Filing ↗machine: t25 · r1 · c47 · span 884964–884973
108Origin Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-130001552781-26-000112CEO total compensation as printed in Origin Bancorp, Inc.'s own proxy. As printed: 2,640,828. Filing ↗machine: t377 · r1 · c8 · span 1011378–1011387
109Business First Bancshares, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-080001437749-26-011695CEO total compensation as printed in Business First Bancshares, Inc.'s own proxy. As printed: 2,582,764. Filing ↗machine: t162 · r8 · c22 · span 576719–576728
110Third Coast Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-160001193125-26-159039CEO total compensation as printed in Third Coast Bancshares, Inc.'s own proxy. As printed: 2,503,561. Filing ↗machine: r2 · c27 · span 240742–240751
111The First Bancshares, Inc., Section 10b CEO totalDEF 14A2024-04-100001104659-24-045454CEO total compensation as printed in The First Bancshares, Inc.'s own proxy. As printed: 2,426,148. Filing ↗machine: t110 · r1 · c27 · span 276290–276299
112Great Southern Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-310002077096-26-000017CEO total compensation as printed in Great Southern Bancorp, Inc.'s own proxy. As printed: 1,815,277. Filing ↗machine: span 320537–320546
113SmartFinancial, Inc., Section 10b CEO totalDEF 14A2026-04-070001104659-26-040440CEO total compensation as printed in SmartFinancial, Inc.'s own proxy. As printed: 1,717,633. Filing ↗machine: t125 · r5 · c14 · span 980764–980773
114First Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-060001104659-26-024669CEO total compensation as printed in First Bancorp, Inc.'s own proxy. As printed: 1,589,276. Filing ↗machine: r1 · c36 · span 1002184–1002193
115HomeTrust Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-070001538263-26-000032CEO total compensation as printed in HomeTrust Bancshares, Inc.'s own proxy. As printed: 1,487,191. Filing ↗machine: span 442986–442995
116Guaranty Bancshares, Inc., Section 10b CEO totalDEF 14A2025-03-310000950170-25-047789CEO total compensation as printed in Guaranty Bancshares, Inc.'s own proxy. As printed: 1,347,196. Filing ↗machine: t17 · r2 · c29 · span 620930–620939
117Home Bancorp, Inc., Section 10b CEO totalDEF 14A2026-04-020002077096-26-000037CEO total compensation as printed in Home Bancorp, Inc.'s own proxy. As printed: 1,235,742. Filing ↗machine: span 239000–239009
118South Plains Financial, Inc., Section 10b CEO totalDEF 14A2026-04-060001140361-26-013355CEO total compensation as printed in South Plains Financial, Inc.'s own proxy. As printed: 1,232,779. Filing ↗machine: r2 · c27 · span 556174–556183
119Southside Bancshares, Inc., Section 10b CEO totalDEF 14A2026-03-250000705432-26-000069CEO total compensation as printed in Southside Bancshares, Inc.'s own proxy. As printed: 1,224,314. Filing ↗machine: r8 · c48 · span 587992–588001
120Southern First Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-060001206774-26-000194CEO total compensation as printed in Southern First Bancshares, Inc.'s own proxy. As printed: 1,146,832. Filing ↗machine: t89 · r1 · c9 · span 443118–443127
121First Guaranty Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-210001408534-26-000024CEO total compensation as printed in First Guaranty Bancshares, Inc.'s own proxy. As printed: 464,421. Filing ↗machine: t7 · r2 · c10 · span 148583–148591
122Section 10a, Amerant Bancorp Inc. reciprocityDEF 14A0001734342-26-000026Amerant Bancorp Inc.'s most recent proxy was read; its disclosed peer group does not include Business First Bancshares, Inc.. Filing ↗
123Section 10a, Triumph Financial, Inc. reciprocityDEF 14A0001193125-26-102190Triumph Financial, Inc.'s most recent proxy was read; its disclosed peer group does not include Business First Bancshares, Inc.. Filing ↗
124Section 10a, HomeTrust Bancshares, Inc. reciprocityDEF 14A0001538263-26-000032HomeTrust Bancshares, Inc.'s most recent proxy was read; its disclosed peer group does not include Business First Bancshares, Inc.. Filing ↗
125Section 10a, Southside Bancshares, Inc. reciprocityDEF 14A0000705432-26-000069Southside Bancshares, Inc. names Business First Bancshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
126Section 10a, Veritex Holdings, Inc reciprocityDEF 14A0001501570-25-000053Veritex Holdings, Inc's most recent proxy was read; its disclosed peer group does not include Business First Bancshares, Inc.. Filing ↗
127Section 10a, Stellar Bancorp, Inc. reciprocityDEF 14A0001104659-25-033748Stellar Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include Business First Bancshares, Inc.. Filing ↗
128Section 10a, Guaranty Bancshares, Inc. reciprocityDEF 14A0000950170-25-047789Guaranty Bancshares, Inc. names Business First Bancshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
129Section 10a, First Bancorp, Inc. reciprocityDEF 14A0001104659-26-024669First Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include Business First Bancshares, Inc.. Filing ↗
130Section 10a, Stock Yards Bancorp, Inc. reciprocityDEF 14A0001437749-26-007879Stock Yards Bancorp, Inc. names Business First Bancshares, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
131Section 10a, National Bank Holdings Corp. reciprocityDEF 14A0001475841-26-000013National Bank Holdings Corp.'s most recent proxy was read; its disclosed peer group does not include Business First Bancshares, Inc.. Filing ↗
132Section 10a, Seacoast Banking Corp. of Florida reciprocityDEF 14A0001628280-26-024690Seacoast Banking Corp. of Florida's most recent proxy was read; its disclosed peer group does not include Business First Bancshares, Inc.. Filing ↗
133Section 10a, Southern First Bancshares, Inc. reciprocityDEF 14A0001206774-25-000204Southern First Bancshares, Inc.'s most recent proxy was read; its disclosed peer group does not include Business First Bancshares, Inc.. Filing ↗
134Section 10a, Equity Bancshares, Inc. reciprocityDEF 14A0001193125-26-103215Equity Bancshares, Inc.'s most recent proxy was read; its disclosed peer group does not include Business First Bancshares, Inc.. Filing ↗