Seacoast Banking CEO exercises 28,544 options
Seacoast Banking Corp of Florida Chairman, President & CEO Charles M. Shaffer exercised stock rights for 28,544 shares of common stock at an exercise price of $28.69 per share on 2026-08-04.
Rhea-AI Filing Summary
Seacoast Banking Corp of Florida Chairman, President & CEO Charles M. Shaffer exercised stock rights for 28,544 shares of common stock at an exercise price of $28.69 per share on 2026-08-04. To fund the exercise and related tax withholding, he sold 25,851 shares at a weighted average price of $35.47 per share. He also continues to hold options on 18,952 shares at $31.15 per share, expiring in 2028, plus various unvested restricted stock and plan-based share holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
28,544 shares exercised/converted
Exercise
9 txns
Insider
Shaffer Charles M
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock Right to Buy F8, F9 | 28,544 | $35.47 | $1.01M |
| Exercise | Common Stock | 28,544 | $28.69 | $819K |
| Exercise Price or Tax Liability | Common Stock F1, F2 | 25,851 | $35.47 | $917K |
| holding | Common Stock Right to Buy F8, F9 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
| holding | Common Stock F7 | -- | -- | -- |
Holdings After Transaction:
Common Stock Right to Buy — 18,952 contracts (Direct);
Common Stock — 231,412.4018 shares (Direct)
Footnotes (9)
- F1. Represents shares sold for payment of the exercise price and to cover tax withholding obligations
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.36 to $35.61. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price for this transaction
- F3. Represents unvested time based restricted stock units granted on April 15, 2026, which vests over 3 years in one-third increments, beginning April 15, 2027, and on each anniversary thereafter subject to continued employment
- F4. 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
- F5. 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.
- F6. Shares in the Company's Employee Stock Purchase Plan, as of March 31, 2026
- F7. Share equivalents held in Company's Retirement Savings Plan as of March 31, 2026
- F8. Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan
- F9. Vests over 3 years in one-third increments each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continuous employment on each vesting date and the Company's banking subsidiary meets certain capital requirements
Key Figures
Options exercised: 28544.0000 shares
Option exercise price: $28.6900 per share
Shares sold for exercise and taxes: 25851.0000 shares
+3 more
6 metrics
Options exercised
28544.0000 shares
Derivative 'Common Stock Right to Buy' exercised into common stock on 2026-08-04
Option exercise price
$28.6900 per share
Exercise or conversion price for the 28,544-share derivative award
Shares sold for exercise and taxes
25851.0000 shares
Common shares sold to pay option exercise price and tax withholding obligations
Weighted average sale price
$35.4700 per share
Weighted average of multiple sale transactions priced between $35.36 and $35.61
Remaining option underlying shares
18952.0000 shares
Underlying shares for remaining 'Common Stock Right to Buy' expiring 2028-04-01
Remaining option exercise price
$31.1500 per share
Exercise price of the unexercised derivative position reported as directly owned
Key Terms
weighted average price, time based restricted stock units, Employee Stock Purchase Plan, Retirement Savings Plan, +2 more
6 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
time based restricted stock units financial
"Represents unvested time based restricted stock units granted on April 15, 2026"
Employee Stock Purchase Plan financial
"Shares in the Company's Employee Stock Purchase Plan, as of March 31, 2026"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Retirement Savings Plan financial
"Share equivalents held in Company's Retirement Savings Plan as of March 31, 2026"
Amended and Restated 2013 Incentive Plan financial
"Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan"
tax withholding obligations financial
"shares sold for payment of the exercise price and to cover tax withholding obligations"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did SBCF report for Charles M. Shaffer on this Form 4?
Charles M. Shaffer exercised derivative awards for 28,544 SBCF shares at $28.69 per share and sold 25,851 shares at a weighted average of $35.47 to pay the exercise price and related tax withholding obligations.
How many Seacoast Banking (SBCF) options did Charles Shaffer exercise?
He exercised stock rights covering 28,544 shares of SBCF common stock. These derivative “Common Stock Right to Buy” awards had an exercise price of $28.69 per share and converted into an equivalent number of common shares on 2026-08-04.
Does Charles Shaffer still hold Seacoast Banking (SBCF) stock options after this filing?
Yes. He continues to hold options labeled “Common Stock Right to Buy” covering 18,952 underlying shares of SBCF common stock, with an exercise price of $31.15 per share and an expiration date of 2028-04-01, reported as directly owned.
What restricted stock or RSUs in SBCF does Charles Shaffer have according to this Form 4?
Footnotes describe several time-based restricted stock units and awards granted in 2024, 2025, and 2026. Each grant vests in one-third increments over three years, beginning on the first anniversary of the grant date, subject to continued employment and, for some awards, capital requirements.
What SBCF employee and retirement plan holdings are referenced for Charles Shaffer?
The filing notes that Shaffer holds shares in the Company’s Employee Stock Purchase Plan and share equivalents in the Retirement Savings Plan, each referenced as of March 31, 2026, through specific explanatory footnotes attached to his direct common stock holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
