Seacoast Banking (SBCF) Insider Grant Boosts Board Stake

Rhea-AI Filing Summary

Seacoast Banking Corp. of Florida (SBCF) – Form 4 filed 1 Aug 2025

Director Maryann Goebel disclosed an equity grant and updated shareholdings effective 31 Jul 2025:

• Restricted-stock award: 2,218 common shares (Code “A”) issued under the 2021 Incentive Plan for 2025 board service; immediately deferred into the Directors Deferred Compensation Plan. Reference price: $28.19, implying ≈$62 k nominal value.
• New direct ownership: 30,958.7617 common shares.
• Derivative holdings unchanged: 2,142 options exercisable at $22.65 (expire Feb 2027) and 3,419 options at $14.39 (expire Feb 2026).
• A line lists 6,000 shares coded “D” and held in a revocable trust, but the filing supplies no transaction code/date, suggesting no new trade occurred.

The filing shows a modest increase in the director’s direct equity stake and no net selling from the deferred-comp plan. Given SBCF’s ~64 m shares outstanding, the grant is immaterial to valuation but indicates continued board-level alignment with shareholders.

Positive

• Director increased direct equity exposure via 2,218 restricted shares, underscoring long-term alignment with shareholders.

Negative

• Disclosure of 6,000 shares held in a revocable trust without clear transaction details could obscure full visibility of insider movements.

Insights

Financial Analyst

TL;DR: Small insider grant; signalling positive but immaterial to valuation.

The 2,218-share award adds only ~0.003% to insider ownership and carries a nominal value of about $62 k. Such routine director compensation aligns incentives yet lacks material impact on SBCF’s earnings outlook or capital structure. No open-market purchase or sizeable sale is reported; option positions remain untouched. For portfolio managers, the filing is neutral—supportive of governance optics but not a catalyst for the stock.

Corporate Governance Expert

TL;DR: Routine board compensation enhances alignment; governance impact minor.

Deferred receipt of restricted shares reflects best practice, linking director pay to long-term performance while postponing tax events. The absence of 10b5-1 plan usage or discretionary selling reduces appearance of opportunism. The revocable-trust holding suggests estate planning rather than divestiture. Overall governance signal is modestly positive but financially non-impactful.

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^*

GOEBEL MARYANN

(Last) (First) (Middle)

SEACOAST BANKING CORPORATION OF FLORIDA

P. O. BOX 9012

(Street)

STUART FL 34995

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SEACOAST BANKING CORP OF FLORIDA [ SBCF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

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	07/31/2025		A(1)		2,218	A	$28.19	30,958.7617	D(2)
Common Stock								6,000	D(3)

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
Common Stock Right to Buy(4)	$22.65							02/06/2017	02/05/2027	Common Stock	2,142		2,142	D
Common Stock Right to Buy(4)	$14.39							02/03/2016	02/02/2026	Common Stock	3,419		3,419	D

Explanation of Responses:

1. Restricted stock issued from Seacoast's 2021 Incentive Plan for service as a Director in 2025, and deferred into director's account in Seacoast's Directors Deferred Compensation Plan

2. Held in Seacoast's Non-employee Directors Deferred Compensation Plan

3. Held in revocable trust

4. Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan

Remarks:

	/s/ Kathy L. Hsu as Power of Attorney for Maryann Goebel	08/01/2025
	** 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

What insider transaction did SBCF report on 1 Aug 2025?

Director Maryann Goebel received 2,218 restricted shares on 31 Jul 2025 under the 2021 Incentive Plan.

How many SBCF shares does Maryann Goebel now own?

Her direct holdings stand at 30,958.7617 common shares, plus derivative rights to 5,561 shares.

Were any SBCF shares sold by the director?

The Form 4 shows no reported sales; a 6,000-share revocable-trust line lacks a sale code or date.

What derivative securities does the director hold?

Options on 2,142 shares at $22.65 (exp. 2027) and 3,419 shares at $14.39 (exp. 2026) remain outstanding.

Does this insider activity materially impact SBCF stock?

No. The transaction is routine director compensation and represents an immaterial fraction of SBCF’s share count.