First Seacoast CEO James Brannen Acquires 500 FSEA Shares; Options Detailed

Rhea-AI Filing Summary

First Seacoast Bancorp insider transaction summary: James R. Brannen, who serves as Director and Chief Executive Officer, purchased 500 shares of First Seacoast Bancorp (FSEA) on 08/15/2025 at a price of $11.3075 per share. After the purchase, Mr. Brannen beneficially owns 32,637 common shares directly and indirectly. Indirect holdings include 9,179 shares in an IRA, 4,255 in a 401(k), and 3,646 in an ESOP. He also holds stock options: 24,401 options (exercise price $8.06) exercisable from 05/25/2024 and 23,500 options (exercise price $9.29) exercisable from 12/02/2025, with stated vesting schedules for restricted stock and options.

Positive

• CEO made an open-market purchase of 500 shares, signaling personal investment in FSEA
• Total beneficial ownership disclosed as 32,637 shares with clear indirect holding breakdown (IRA, 401(k), ESOP)
• Detailed disclosure of equity compensation including two option grants with exercise prices and vesting schedules

Negative

• None.

Insights

Securities Analyst

TL;DR: CEO purchased a small block of shares, modestly increasing his direct stake; outstanding options and restricted stock remain material elements of compensation.

The 500-share purchase on 08/15/2025 at $11.3075 is a routine open-market acquisition by the CEO and increases his direct beneficial ownership to 32,637 shares. The reporting discloses multiple indirect holdings (IRA, 401(k), ESOP) and significant option positions (24,401 and 23,500 options) with exercise prices below or near the reported purchase price, implying existing equity-linked compensation. Vesting schedules for restricted stock and options are specified, which affects future dilution and alignment with shareholder interests.

Corporate Governance Expert

TL;DR: Insider disclosure is complete and timely; holdings and vesting schedules are documented, supporting transparency around executive compensation.

The Form 4 provides required details: the reporting person, relationship (Director and CEO), transaction date, price, and post-transaction beneficial ownership breakdown including indirect accounts. Vesting information for restricted stock and options is included, clarifying when additional shares may become beneficially owned. The form is signed via power of attorney, which is permissible and documented. No regulatory exceptions or omissions are evident in the filing text provided.

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

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^*

Brannen James R.

(Last) (First) (Middle)

633 CENTRAL AVENUE

(Street)

DOVER NH 03820

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/15/2025		P		500	A	$11.3075	32,637(1)	D
Common Stock								9,179	I	By IRA
Common Stock								4,255	I	By 401(k)
Common Stock								3,646	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	$8.06							05/25/2024	05/25/2033	Common Stock	24,401(2)		24,401(2)	D
Stock Options	$9.29							12/02/2025	12/02/2034	Common Stock	23,500(3)		23,500(3)	D

Explanation of Responses:

1. Includes shares of restricted stock which vest at a rate of 33 1/3% per year commencing on December 2, 2025.

2. Stock options vest at a rate of 33 1/3% per year commencing on May 25, 2024.

3. Stock options vest at a rate of 33 1/3% per year commencing on December 2, 2025.

	/s/ Victor L. Cangelosi, pursuant to power of attorney	08/18/2025
	** 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.

FAQ

Who filed the Form 4 for FSEA and what is their role?

The Form 4 was filed for James R. Brannen, who is a Director and Chief Executive Officer of First Seacoast Bancorp.

What transaction did James R. Brannen report on 08/15/2025?

He reported an open-market purchase of 500 shares of First Seacoast Bancorp at a price of $11.3075 per share on 08/15/2025.

How many First Seacoast shares does the reporting person beneficially own after the transaction?

Following the reported transaction, he beneficially owns 32,637 common shares in total.

What indirect accounts contribute to the reported ownership?

Indirect holdings include 9,179 shares by IRA, 4,255 shares by 401(k), and 3,646 shares by ESOP.

What stock options does the reporting person hold?

He holds 24,401 options with an $8.06 exercise price exercisable from 05/25/2024 and 23,500 options with a $9.29 exercise price exercisable from 12/02/2025; vesting schedules are disclosed.