MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: Bank First registered its common stock under Section 12(b) of the Exchange Act on October 23, 2018, in connection with listing on the Nasdaq Capital Market, and trades under the symbol “BFC”.
+Added: The Company’s common stock is traded under the symbol “BFC” on the Nasdaq.
+Added: Historical price information is available on Nasdaq’s website.
The trading volume of Bank First’s common stock is less than that of banks with larger market capitalizations, even though Bank First has improved accessibility to its common stock first through its listing on Nasdaq.
3 unchanged sentences
The need for the Bank to maintain adequate capital also limits dividends that may be paid to the Company.
+Added: In addition, the Company’s ability to pay dividends is subject to regulatory capital requirements, supervisory expectations, and the Company’s overall financial condition.
For additional information regarding restrictions on the ability of the Bank to pay dividends to the Company see “Business— Supervision and Regulation—Payment of Dividends” of this Form 10-K.
4 unchanged sentences
The program was announced in a Current Report on Form 8-K on February 18, 2025.
+Added: The program does not obligate the Company to purchase any of its shares, and may be terminated or amended by the Board of Directors at any time prior to its expiration date.
+Added: Repurchases under the program are also subject to applicable regulatory capital requirements and supervisory considerations.
The table below sets forth information regarding repurchases of our common stock during the fourth quarter of 2025 under that program and other repurchases.
17 unchanged sentences
The excise tax applies to all of the stock of a covered corporation regardless of whether the corporation has profits or losses.
−Removed: The impact of the IRA on our consolidated financial statements will be dependent on the extent of stock repurchases made in current and future periods.
+Added: The impact of the IRA on our consolidated
+Added: financial statements will be dependent on the extent of stock repurchases made in current and future periods.
There was no impact to our financial condition or result of operations as a result of this tax during the period presented above.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.