First Seacoast: Sylvester shares convert at $17.25

The merger terms set a $17.25 cash right for each common share, while option consideration was $17.25 less the applicable exercise price.

Rhea-AI Filing Summary

Janet Sylvester reported disposition transactions in this Form 4 filing. First Seacoast Bancorp, Inc. director Janet Sylvester reported that on October 1, 2026, 8,760 directly held common shares and 4,284 shares held through an IRA converted under the merger agreement into rights to receive $17.25 cash consideration per share; each resulting common-share position was reported as zero. Two stock-option positions covering 9,343 and 10,250 underlying shares converted into rights to receive $17.25 cash consideration less the respective $8.06 and $9.29 exercise prices. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Disposition: 32,637 shares

Disposition 4 txns

Insider Sylvester Janet

Role Director

Type	Security	Shares	Price	Value
Disposition	Stock Options F2	9,343	--	--
Disposition	Stock Options F2	10,250	--	--
Disposition	Common Stock F1	8,760	--	--
Disposition	Common Stock F1	4,284	--	--

Holdings After Transaction: Stock Options — 0 contracts (Direct); Common Stock — 0 shares (Direct); Common Stock — 0 shares (Indirect, By IRA)

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.

Key Figures

Directly held common shares disposed: 8,760 shares IRA-held common shares disposed: 4,284 shares Stock options converted: 9,343 underlying shares +4 more

7 metrics

Directly held common shares disposed 8,760 shares October 1, 2026; resulting position reported as zero

IRA-held common shares disposed 4,284 shares October 1, 2026; resulting position reported as zero

Stock options converted 9,343 underlying shares Option cash consideration was $17.25 less the $8.06 exercise price

Stock options converted 10,250 underlying shares Option cash consideration was $17.25 less the $9.29 exercise price

Common-share cash consideration $17.25 per share Merger consideration for each issued and outstanding common share

Option exercise price $8.06 per share Stock-option position covering 9,343 underlying shares

Option exercise price $9.29 per share Stock-option position covering 10,250 underlying shares

Key Terms

cash consideration, exercise price, Merger Agreement

3 terms

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

"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.

Merger Agreement technical

"the "Merger Agreement""

A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.

FAQ

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

What merger consideration did Janet Sylvester report for FSEA shares and options?

Janet Sylvester's 8,760 directly held common shares and 4,284 IRA-held shares converted into rights to receive $17.25 cash consideration per share. Her stock-option positions covering 9,343 and 10,250 shares converted into rights to receive $17.25 less their respective $8.06 and $9.29 exercise prices.

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

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Available on EDGAR 10/01/2026 - 10:09 AM Accepted by SEC EDGAR 10/01/2026 - 10:08 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Sylvester Janet

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2026		D		8,760	D	(1)	0	D
Common Stock	10/01/2026		D		4,284	D	(1)	0	I	By IRA

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$8.06	10/01/2026		D			9,343	05/25/2024	05/25/2033	Common Stock	9,343	(2)	0	D
Stock Options	$9.29	10/01/2026		D			10,250	12/02/2025	12/02/2034	Common Stock	10,250	(2)	0	D

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 attorney	10/01/2026
	** Signature of Reporting Person	Date
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)