David E. Rainbolt, an executive and director, has demonstrated a clear selling bias in his recent insider transactions, primarily involving BancFirst Corporation (BANF) and OGE Energy Corp. (OGE). Since late 2024, Rainbolt has executed 14 sales of BANF stock, including significant disposals totaling over $1.8 million in October 2024 alone—with single transactions reaching $901,888.47 and $901,777.69 on October 28. Smaller but consistent sales followed through September and October, such as $284,490 on October 22 and multiple transactions exceeding $48,000 earlier that month. In contrast, his buying activity has been minimal, with only four purchases of OGE stock since 2024, the largest being a $170,000 acquisition on December 9, 2025, and smaller purchases around $14,375 in September 2024 and January 2026.
Rainbolt’s trading history reveals a concentrated focus on BANF, where his sales have far outweighed his limited acquisitions in OGE. Notably, his recent filings—including multiple transactions coded as gifts (G) or other (J) in early 2026—show no monetary value, suggesting non-market transfers rather than open-market sales. The overall pattern indicates a strategic reduction in his BANF holdings, with sporadic, smaller-scale investments in OGE. The disparity between his total buy value ($376,562.51) and sell value ($5.57 million) underscores a long-term divestment trend rather than balanced portfolio adjustments.
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