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First Seacoast director Jean disposes of 5,146 shares

The merger terms set cash consideration at $17.25 for each outstanding common share and at $17.25 less the exercise price for each stock option.

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Form Type
4

Rhea-AI Filing Summary

First Seacoast Bancorp, Inc. director Thomas J. Jean disposed of 5,146 common shares to the issuer on October 1, 2026; his reported direct holdings afterward were zero shares. Under the merger agreement, each common share converted into a right to receive $17.25 in cash. Jean also disposed of options covering 9,343 shares at an $8.06 exercise price and 10,250 shares at a $9.29 exercise price; each option converted into a right to receive $17.25 less its exercise price.

Insider Jean Thomas J.
Role Director
Type Security Shares Price Value
Disposition Stock Options F2 9,343 -- --
Disposition Stock Options F2 10,250 -- --
Disposition Common Stock F1 5,146 -- --
Holdings After Transaction: Stock Options — 0 contracts (Direct); Common Stock — 0 shares (Direct)
Footnotes (2)
  1. F1. Pursuant to the Agreement and Plan of Merger, dated May 4, 2026, by and among the Issuer, First Seacoast Bank, Cambridge Financial Group Inc. and Cambridge Savings Bank (the "Merger Agreement"), each issued and outstanding share of Issuer common stock was converted into the right to receive $17.25 cash consideration.
  2. F2. Pursuant to the Merger Agreement, each stock option was converted into the right to receive $17.25 cash consideration less the exercise price of such option.
Common shares disposed 5,146 shares October 1, 2026
Direct common shares following transaction 0 shares Reported after the October 1, 2026 transaction
Options disposed 9,343 options Exercise price of $8.06; October 1, 2026
Exercise price $8.06 per share Options covering 9,343 shares
Options disposed 10,250 options Exercise price of $9.29; October 1, 2026
Exercise price $9.29 per share Options covering 10,250 shares
Cash consideration $17.25 per common share Merger agreement consideration
Agreement and Plan of Merger financial
"Pursuant to the Agreement and Plan of Merger"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
cash consideration financial
"receive $17.25 cash consideration"
Cash consideration is the actual money paid to buy a company, asset, or stake rather than payment in shares or other forms. For investors it matters because cash payments deliver immediate, certain value and affect the buyer’s and seller’s cash reserves and balance sheets—like selling a car for cash versus taking a trade-in, one side gets instant spending power while the other changes its liquidity and risk profile.
exercise price financial
"less the exercise price of such option"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

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What did FSEA director Thomas J. Jean report on October 1, 2026?

Thomas J. Jean reported disposing of 5,146 common shares to the issuer, leaving zero reported direct shares. He also disposed of options covering 9,343 shares at an $8.06 exercise price and 10,250 shares at a $9.29 exercise price. Under the merger agreement, each common share carried $17.25 in cash consideration, and each option carried $17.25 less its exercise price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Jean Thomas J.

(Last)(First)(Middle)
633 CENTRAL AVENUE

(Street)
DOVER NEW HAMPSHIRE 03820

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
First Seacoast Bancorp, Inc. [ FSEA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock10/01/2026D5,146D(1)0D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$8.0610/01/2026D9,34305/25/202405/25/2033Common Stock9,343(2)0D
Stock Options$9.2910/01/2026D10,25012/02/202512/02/2034Common Stock10,250(2)0D
Explanation of Responses:
1. Pursuant to the Agreement and Plan of Merger, dated May 4, 2026, by and among the Issuer, First Seacoast Bank, Cambridge Financial Group Inc. and Cambridge Savings Bank (the "Merger Agreement"), each issued and outstanding share of Issuer common stock was converted into the right to receive $17.25 cash consideration.
2. Pursuant to the Merger Agreement, each stock option was converted into the right to receive $17.25 cash consideration less the exercise price of such option.
/s/ Victor L. Cangelosi, pursuant to power of attorney10/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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