Business First Bancshares Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

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Date of report (Date of earliest event reported): July 25, 2024

 

 

(Exact name of registrant as specified in its charter)

 

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Exchange Act:

 

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company         ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

(d) On July 25, 2024, the boards of directors of Business First Bancshares, Inc. (“Business First”) and b1BANK appointed Zeenat Sidi to serve as a director of each of Business First and b1BANK. Ms. Sidi was also appointed to serve on the audit committee of the board of directors of Business First.

 

The Board determined that Ms. Sidi is an independent director under applicable Nasdaq listing standards. There is no arrangement or understanding between Ms. Sidi and any other person pursuant to which she was selected as a director of Business First or b1BANK, and there is no family relationship between Ms. Sidi and any of Business First’s other directors or executive officers. Ms. Sidi does not have a material interest in any transaction that is required to be disclosed under Item 404(a) of Regulation S-K, other than deposits, loans, and other financial services related transactions with b1BANK made in the ordinary course of business, on substantially the same terms, including interest rates and collateral (where applicable), as those prevailing at the time for comparable transactions with persons not related to Business First or b1BANK, and do not involve more than normal risk of collectability or present other features unfavorable to b1BANK.

 

 

On July 25, 2024, David R. “Jude” Melville, III was named Chairman of the board of directors of Business First and b1BANK, and Rolfe H. McCollister, Jr. was named Lead Independent Director. Each had previously been serving in the same roles in an acting capacity following the death of the previous chairman, Robert S. Greer, on March 19, 2024.

 

 

(d) Exhibits

 

104         Cover Page Interactive Data File (embedded within the Inline XBRL Document).

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Dated: July 31, 2024