Notice of Proposed Sale · 144

Business First Bancshares, Inc.

BFSTNASDAQEQUITYCurrent

Notice of Proposed Sale

Filed Jul 28, 2026Accepted Jul 28, 2026, 4:59 PM EDTFiling CIK 1624322Accession 0001958244-26-000465

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Notice of proposed sale. The proposed amounts below do not establish that a sale occurred.

Proposed-sale notice

Issuer: Business First Bancshares, Inc.
Issuer CIK: 0001624322
SEC file number: 001-38447
Phone: 1-225-248-7600
Person for whose account securities are to be sold: George W. Cummings
Relationships to issuer: Director
Street: 500 Laurel Street
Street (continued): Suite 101
City: Baton Rouge
State / country code: LA
Postal code: 70801

Securities proposed for sale

Securities proposed for sale · 1 reported row
Security	Proposed units	Aggregate market value	Units outstanding	Approximate sale date	Exchange	Broker / market maker
Common Shares	20,000	641,600	32,535,659	07/28/2026	NASD	Goldman Sachs & Co. LLC

Broker / market maker — proposed row 1, entry 1

Name: Goldman Sachs & Co. LLC
Street: 200 West Street
City: New York
State / country code: NY
Postal code: 10282

Acquisition of securities to be sold

Acquisition of securities to be sold · 1 reported row
Security	Acquired	Nature of acquisition	Acquired from	Amount acquired	Gift transaction	Payment date	Nature of payment
Common Shares	10/02/2000	Acquired from issuer in private transaction	Issuer	20,000	N	10/02/2000	None

Sales reported in the preceding three months

Sales reported in the preceding three months · 6 reported rows
Seller	Security	Sale date	Amount sold	Gross proceeds
George W. Cummings	Common Shares	05/22/2026	10,000	279,633.23
George W. Cummings	Common Shares	05/27/2026	11,595	323,358.17
George W. Cummings	Common Shares	06/08/2026	15,000	427,713.17
George W. Cummings	Common Shares	06/09/2026	445	12,918.93
George W. Cummings	Common Shares	06/10/2026	15,000	432,927.07
George W. Cummings	Common Shares	06/11/2026	5,000	143,768.03

Seller — prior-sale row 1, entry 1

Name: George W. Cummings
Street: 500 Laurel Street
Street (continued): Suite 101
City: Baton Rouge
State / country code: LA
Postal code: 70801

Seller — prior-sale row 2, entry 1

Name: George W. Cummings
Street: 500 Laurel Street
Street (continued): Suite 101
City: Baton Rouge
State / country code: LA
Postal code: 70801

Seller — prior-sale row 3, entry 1

Name: George W. Cummings
Street: 500 Laurel Street
Street (continued): Suite 101
City: Baton Rouge
State / country code: LA
Postal code: 70801

Seller — prior-sale row 4, entry 1

Name: George W. Cummings
Street: 500 Laurel Street
Street (continued): Suite 101
City: Baton Rouge
State / country code: LA
Postal code: 70801

Seller — prior-sale row 5, entry 1

Name: George W. Cummings
Street: 500 Laurel Street
Street (continued): Suite 101
City: Baton Rouge
State / country code: LA
Postal code: 70801

Seller — prior-sale row 6, entry 1

Name: George W. Cummings
Street: 500 Laurel Street
Street (continued): Suite 101
City: Baton Rouge
State / country code: LA
Postal code: 70801

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