Seacoast EVP shares withheld for tax obligations
SEACOAST BANKING CORP OF FLORIDA executive Austen Carroll, EVP and Chief Lending Officer, reported share dispositions used to cover tax obligations tied to equity compensation.
Rhea-AI Filing Summary
SEACOAST BANKING CORP OF FLORIDA executive Austen Carroll, EVP and Chief Lending Officer, reported share dispositions used to cover tax obligations tied to equity compensation. On April 1, 2026, Carroll had a total of 2,011 common shares withheld at $30.58 per share to pay exercise price or tax liabilities, classified as tax-withholding dispositions rather than open-market sales.
Following these transactions, Carroll directly held 49,567 shares of Seacoast common stock. Footnotes indicate multiple unvested time-based restricted stock awards granted in 2023, 2024, and 2025, each scheduled to vest in one-third annual increments over three years, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 342 | $30.58 | $10K |
| Exercise Price or Tax Liability | Common Stock | 1,286 | $30.58 | $39K |
| Exercise Price or Tax Liability | Common Stock | 383 | $30.58 | $12K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents an unvested time-based restricted stock award granted on April 1 2023, which shall vest over 3 years in one-third increments, beginning April 1, 2024, and on each anniversary thereafter, subject to continued employment.
- F2. Represents an unvested time-based restricted stock award granted on April 1, 2024, which shall vest over 3 years in one-third increments, beginning April 1, 2025, and on each anniversary thereafter, subject to continued employment.
- F3. Represents an unvested time based restricted stock award grated on April 1, 2025, which vests over 3 years in one-third increments, beginning April 1, 2026, and on each anniversary thereafter subject to continued employment
Key Figures
Key Terms
tax-withholding disposition financial
restricted stock award financial
time-based restricted stock financial
vest over 3 years financial
subject to continued employment financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Seacoast Banking (SBCF) executive Austen Carroll report on this Form 4?
Were the Seacoast (SBCF) Form 4 transactions open-market sales by the EVP?
What restricted stock awards are disclosed for Seacoast (SBCF) executive Austen Carroll?
Does this Seacoast (SBCF) Form 4 show any option exercises or derivative positions?
AI-generated analysis. How Rhea-AI works. Not financial advice.