Director at Seacoast Banking (SBCF) sells 8,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Seacoast Banking Corp of Florida director Dennis S. Hudson III reported an open‑market sale of 8,000 shares of Common Stock at a weighted average price of $31.41 per share on June 16, 2026. The shares were sold in multiple transactions at prices between $31.20 and $31.64 under a pre‑arranged Rule 10b5‑1 trading plan adopted on November 21, 2025.
After this sale, Hudson directly holds 220,854 shares of Seacoast common stock and also reports additional indirect holdings, including shares held by a family partnership and in a spouse’s trust. He continues to hold stock options covering 78,021 shares at an exercise price of $28.69 expiring on April 1, 2027, and 55,279 shares at an exercise price of $31.15 expiring on April 1, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,000 shares
Net Sell
8 txns
Insider
HUDSON DENNIS S III
Role
Director
Sold
8,000 shs ($251K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,000 | $31.41 | $251K |
| holding | Common Stock Right to Buy | -- | -- | -- |
| holding | Common Stock Right to Buy | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 282,629.537 shares (Direct);
Common Stock Right to Buy — 133,300 shares (Direct);
Common Stock — 21,867 shares (Indirect, Held by Spouse in Trust);
Common Stock — 51,416 shares (Indirect, Held by Sherwood Partners, Ltd, family partnership)
Footnotes (8)
- F1. Shares sold were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.20 to $31.64. 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. Shares held in Trust
- F4. Shares held jointly with spouse
- F5. Represents shares held in the Company's Retirement Savings Plan as of March 31, 2026
- F6. Held in IRA
- F7. Granted pursuant to Company's 2013 Incentive Plan
- F8. 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
Shares sold: 8,000 shares
Weighted average sale price: $31.41 per share
Direct holdings after sale: 220,854 shares
+4 more
7 metrics
Shares sold
8,000 shares
Common Stock sold on June 16, 2026
Weighted average sale price
$31.41 per share
Open-market sale of 8,000 shares
Direct holdings after sale
220,854 shares
Common Stock directly owned following transaction
Family partnership holdings
51,416 shares
Held by Sherwood Partners, Ltd, family partnership
Spouse trust holdings
21,867 shares
Held by spouse in trust as reported indirect ownership
Option strike price 2027
$28.69 per share
Options on 78,021 shares expiring April 1, 2027
Option strike price 2028
$31.15 per share
Options on 55,279 shares expiring April 1, 2028
Key Terms
Rule 10b5-1 trading plan, weighted average price, Retirement Savings Plan, Incentive Plan
4 terms
Rule 10b5-1 trading plan regulatory
"Shares sold were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions"
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.
Retirement Savings Plan financial
"Represents shares held in the Company's Retirement Savings Plan as of March 31, 2026"
Incentive Plan financial
"Granted pursuant to Company's 2013 Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Seacoast Banking (SBCF) report for Dennis S. Hudson III?
Dennis S. Hudson III reported selling 8,000 shares of Seacoast Banking common stock. The sale occurred on June 16, 2026 at a weighted average price of $31.41 per share, executed in multiple trades between $31.20 and $31.64.
Was the SBCF insider sale by Dennis S. Hudson III made under a Rule 10b5-1 plan?
Yes. The 8,000-share sale by Dennis S. Hudson III was effected under a Rule 10b5‑1 trading plan. The filing states this plan was adopted on November 21, 2025, indicating the trades were pre‑scheduled rather than discretionary.
What stock options on Seacoast Banking (SBCF) does Dennis S. Hudson III still hold?
He continues to hold stock options covering 78,021 underlying shares at an exercise price of $28.69 expiring April 1, 2027. He also holds options on 55,279 underlying shares at an exercise price of $31.15 expiring April 1, 2028, all reported as direct holdings.
What indirect SBCF holdings are reported for Dennis S. Hudson III on this Form 4?
The Form 4 shows indirect ownership of Seacoast Banking shares held by Sherwood Partners, Ltd., a family partnership, and by his spouse in a trust. These positions are reported as indirect holdings, separate from his directly owned shares and stock options.