Seacoast Bkg Corp Fla SEC Filings

Seacoast Banking Corp. of Florida (SBCF) director reported an insider acquisition. On 10/22/2025, the reporting person acquired 495 shares of common stock at $30.28 per share (Transaction Code: A).

Following the transaction, the filing lists direct and indirect holdings across several accounts, including 10,000 shares held in an IRA, 10,328 shares held jointly with a spouse, 500 shares held jointly with a son, 500 shares held jointly with a daughter, 26,000 shares held in a family limited liability company, and 8,200 shares held in a family sub-S corporation. The form also shows a derivative position: a right to buy 2,142 shares at an exercise price of $22.65, exercisable from 02/06/2017 and expiring on 02/05/2027.

Seacoast Banking Corporation of Florida completed its merger with Villages Bancorporation, Inc., parent of Citizens First Bank, effective October 1, 2025. The transaction’s final consideration was approximately $829 million.

Under the terms, each VBI share converted into the right to receive either $1,000.00 in cash, 38.5000 shares of Seacoast common stock, or a mix, with a proration so that 25% of shares received cash and 75% received stock. If any holder would have exceeded 9.75% of cumulative outstanding Seacoast common stock, Seacoast issued non‑voting convertible preferred in lieu of the excess common.

To support this, Seacoast created Series A Non‑Voting Preferred Stock via a Certificate of Designations, fixing the authorized number at 11,250 shares. Seacoast National Bank and The Villages amended and restated a Developer Support Agreement that restricts new town center bank branch space to Citizens First Bank or SNB. Audited VBI financials and unaudited pro forma combined information were included as exhibits.

Seacoast Banking Corporation of Florida (SBCF) furnished a current report on Form 8-K that includes a presentation attached as Exhibit 99.1 and posted on the company website at www.seacoastbanking.com. The filing states the presentation reflects information "as of the dates indicated," that the company does not assume an obligation to update it, and disclaims any inference about materiality from furnishing the material.

The submission follows standard 8-K disclosure practice: the exhibit is furnished (not "filed" for Section 18 purposes) and is incorporated by reference only where expressly stated in later filings. No financial tables, earnings data, major transactions, or quantitative metrics are included in the provided text.

Seacoast Banking Corp. of Florida has filed a registration statement on Form S-4 with the SEC in connection with a proposed merger that would combine Villages Bancorporation, Inc. and Citizens First Bank with and into Seacoast and Seacoast National Bank, respectively. The filing includes a proxy statement for Villages Bancorporation and a prospectus for Seacoast; a definitive proxy statement/prospectus has been mailed to Villages shareholders. The company notes that the communication is not an offer or solicitation and urges investors to read the proxy/prospectus and related SEC filings, which are available free at www.sec.gov or by contacting Seacoast Investor Relations at (772) 288-6085. A press release is attached as Exhibit 99.1.

Insider Form 4 filing for Seacoast Banking Corp. of Florida (SBCF) reports a small open-market sale by director Thomas E. Rossin. On 08/21/2025 Mr. Rossin sold 72 shares of Seacoast common stock at an average price of $29.25 per share. Following the reported transaction the filing shows 0 shares held directly and 31,282.118 shares held indirectly in Seacoast's Non-employee Directors Deferred Compensation Plan. The filing notes some holdings are held jointly with spouse. The form is signed under power of attorney and contains standard Form 4 disclosures.

Seacoast Banking Corporation of Florida (SBCF) and Villages Bancorporation, Inc. (VBI) have agreed to a merger under a May 29, 2025 Agreement and Plan of Merger in which VBI will merge into Seacoast and Citizens First Bank will merge into Seacoast National Bank.

Each VBI share will convert into either $1,000 cash, 38.5000 shares of Seacoast common stock, or a 25% cash/75% stock combination, subject to proration so that 25% of VBI shares receive cash and 75% receive stock. A 1/1000 share of Seacoast Series A non‑voting convertible preferred stock will be issued where regulatory ownership limits would be exceeded. The exchange ratio can be adjusted downward if VBI tangible equity is below $459.9 million or Citizens First Bank loan loss allowance is below 1.76% at closing. The VBI special meeting is set for September 24, 2025, and regulatory approvals and shareholder approval are required for closing.

Seacoast Banking Corporation of Florida reported stronger results for the three and six months ended June 30, 2025, driven by higher net interest income and loan growth. Net income for the quarter was $42.7 million versus $30.2 million a year ago, and for the six months was $74.2 million versus $56.3 million. Diluted EPS rose to $0.50 for the quarter and $0.87 year-to-date. Net interest income was $126.9 million for the quarter, up from $104.4 million, after provision for credit losses of $4.4 million for the quarter and $13.6 million for six months. Total assets increased to $15.945 billion and loans to $10.609 billion while deposits were $12.498 billion. The allowance for credit losses was $142.2 million (about 1.34% of loans). The investment portfolio included $2.87 billion of available-for-sale securities with material unrealized losses on mortgage-backed securities; management attributes those unrealized losses to interest rate and spread movements, not credit deterioration. The Company completed an acquisition that adds loans and $684 million of deposits and announced a proposed acquisition that would add approximately $3.5 billion of deposits.

Seacoast Banking Corp. of Florida (SBCF) – Form 4 insider activity

Director Jacqueline L. Bradley reported a 31 Jul 2025 acquisition of 2,218 shares of SBCF common stock. The restricted shares, valued at a reference price of $28.19, were granted under the 2021 Incentive Plan and deferred into the Directors Deferred Compensation Plan (Instr. 1). After the grant, Bradley’s direct beneficial ownership rose to 28,261.5752 shares.

No open-market sales were disclosed; derivative positions were unchanged and total 8,503 options exercisable at $14.39-$35.78, expiring 2026-2032. A net purchase by a non-employee director typically signals board-level confidence, though the ~$62 k transaction is immaterial relative to SBCF’s market value.

Director H. Gilbert Culbreth Jr. filed a Form 4 showing receipt of 2,218 shares of Seacoast Banking Corp. of Florida (SBCF) common stock on 07/31/2025. The shares were issued as restricted stock under the 2021 Incentive Plan for 2025 board service and were immediately deferred into the company’s Non-Employee Directors Deferred Compensation Plan, so no open-market cash transaction occurred.

After this grant, the director’s direct holdings total 47,006 shares (including deferred units). He also reports indirect ownership of 34,200 shares held through a family LLC, an S-corporation, and joint family accounts. In addition, he holds an option to buy 2,142 shares at $22.65 that expires on 02/05/2027.

The filing represents routine board compensation rather than an elective purchase or sale and does not materially affect SBCF’s share count or insider ownership trends. Market impact is expected to be minimal.