Insider Trading February 11, 2026

BancFirst EVP Disposes of Shares, Exercises Options as Company Announces Dividends and Analyst Coverage

Executive sale and option exercise coincide with dividend notice, debenture interest, Brean Capital initiation and a November 2025 sustainability report

By Avery Klein BANF
BancFirst EVP Disposes of Shares, Exercises Options as Company Announces Dividends and Analyst Coverage
BANF

Randy Foraker, Executive Vice President of BancFirst Corporation (NASDAQ: BANF), sold 3,000 shares on February 10, 2026, at $119.9116 per share for a total of $359,734 and exercised options on 3,000 shares at $20.83 each for $62,489 the same day. Separately, BancFirst disclosed a quarterly cash dividend, scheduled interest and trust preferred dividends on subordinated debentures, new analyst coverage from Brean Capital with a Hold rating and below-consensus EPS estimates for fiscal 2026 and 2027, and the release of a November 2025 Sustainability Report.

Key Points

  • Randy Foraker sold 3,000 BancFirst shares on February 10, 2026 at $119.9116 per share, totaling $359,734.
  • On the same day Foraker exercised 3,000 options at $20.83 per share, valued at $62,489.
  • BancFirst declared a $0.49 quarterly cash dividend payable January 15, 2026; also disclosed interest payments on $26.8 million of 7.20% Junior Subordinated Debentures and a $0.45 per share dividend on trust preferred securities.

Transaction overview

Randy Foraker, who serves as Executive Vice President at BancFirst Corporation (NASDAQ: BANF), executed a sale of 3,000 shares of the company's common stock on February 10, 2026. The shares were sold at a per-share price of $119.9116, producing proceeds of $359,734.

On the same date, Foraker also completed the exercise of options covering 3,000 shares of BancFirst common stock. The exercise price was $20.83 per share, giving the exercised options a stated total value of $62,489.


Corporate distributions and fixed-income obligations

BancFirst announced a quarterly cash dividend of $0.49 per share on its common stock, payable on January 15, 2026, to shareholders of record as of December 31, 2025. In addition, the company will pay quarterly interest related to $26.8 million of 7.20% Junior Subordinated Debentures. The company noted a dividend of $0.45 per share on the trust preferred securities tied to those debentures.


Analyst coverage and forecasts

Brean Capital has initiated coverage of BancFirst with a Hold rating and assigned a price target of $123. The Brean Capital analyst provided earnings-per-share projections of $6.98 for fiscal 2026 and $7.01 for fiscal 2027. Those EPS estimates are described as slightly below current consensus levels.


Non-financial reporting

BancFirst released a Sustainability Report for November 2025. The report details the company’s efforts on environmental, social and governance matters and highlights its focus on sustainability in operations and community engagement.


Context and investor information

Taken together, these items provide investors with discrete disclosures: an executive sale and simultaneous option exercise by a senior officer, the company’s dividend and fixed-income payment schedule, new analyst coverage with EPS projections, and a recent sustainability report. The company’s announcements and third-party analyst commentary offer documented data points for shareholders and market participants to consider.

Risks

  • Insider transaction activity - the EVP’s sale of 3,000 shares and concurrent option exercise are factual events that investors may factor into assessments of insider holdings.
  • Analyst forecast variance - Brean Capital’s EPS estimates of $6.98 for fiscal 2026 and $7.01 for fiscal 2027 are slightly below current consensus, reflecting a divergence in near-term earnings expectations.
  • Obligations to pay dividends and recurring interest - the company’s announced quarterly common dividend and scheduled interest on $26.8 million of subordinated debentures represent recurring cash outflows to be met by the company.

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