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First Seacoast: Tremblay shares convert at $17.25

Under the merger agreement, common shares carried $17.25 cash consideration, while options converted to cash consideration less their exercise prices.

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Form Type
4

Rhea-AI Filing Summary

First Seacoast Bancorp, Inc. SVP and Sr. RLO Jean Tremblay reported dispositions to the issuer on October 1, 2026, in connection with the merger. The common-stock positions were 12,104 directly held shares, 4,161 held through a 401(k), and 2,597 held through an ESOP; each converted into a right to receive $17.25 cash consideration per share, with zero shares remaining in each position. Stock options covering 15,000 and 15,500 shares converted into rights to receive $17.25 cash consideration less exercise prices of $8.06 and $9.29, respectively.

Insider Tremblay Jean
Role SVP and Sr. RLO
Type Security Shares Price Value
Disposition Stock Options F3 15,000 -- --
Disposition Stock Options F3 15,500 -- --
Disposition Common Stock F1 12,104 -- --
Disposition Common Stock F2, F1 4,161 -- --
Disposition Common Stock F2, F1 2,597 -- --
Holdings After Transaction: Stock Options — 0 contracts (Direct); Common Stock — 0 shares (Direct); Common Stock — 0 shares (Indirect, By 401(k)); Common Stock — 0 shares (Indirect, By ESOP)
Footnotes (3)
  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. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
  3. F3. 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.
Directly held common shares disposed 12,104 shares October 1, 2026; zero shares remaining
Common shares held through a 401(k) disposed 4,161 shares October 1, 2026; zero shares remaining
Common shares held through an ESOP disposed 2,597 shares October 1, 2026; zero shares remaining
Stock options disposed 15,000 options Exercise price: $8.06
Exercise price $8.06 per share Stock options covering 15,000 shares
Stock options disposed 15,500 options Exercise price: $9.29
Exercise price $9.29 per share Stock options covering 15,500 shares
Merger cash consideration $17.25 per share For each issued and outstanding common share
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
"right to 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
"cash consideration less the exercise price"
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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many FSEA common shares did Jean Tremblay dispose of?

The reported common-stock dispositions were 12,104 directly held shares, 4,161 held through a 401(k), and 2,597 held through an ESOP. The transaction rows show zero shares remaining in each of those positions after the October 1, 2026 dispositions.

How did the FSEA merger treat Jean Tremblay's stock options?

Two stock-option positions covering 15,000 shares at an $8.06 exercise price and 15,500 shares at a $9.29 exercise price converted into rights to receive $17.25 cash consideration less the applicable 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*
Tremblay Jean

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP and Sr. RLO
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 Stock10/01/2026D12,104D(1)0D
Common Stock10/01/2026D4,161(2)D(1)0IBy 401(k)
Common Stock10/01/2026D2,597(2)D(1)0IBy ESOP
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$8.0610/01/2026D15,00005/25/202405/25/2033Common Stock15,000(3)0D
Stock Options$9.2910/01/2026D15,50005/25/202405/25/2033Common Stock15,500(3)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. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
3. 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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