Seacoast (SBCF) grants EVP 3,294 unvested restricted shares
Rhea-AI Filing Summary
FORLENZA JOSEPH M reported acquisition or exercise transactions in this Form 4 filing.
SEACOAST BANKING CORP OF FLORIDA executive vice president and chief risk officer Joseph M. Forlenza received a grant of 3,294 shares of common stock on April 15, 2026 as a time-based restricted stock unit award. The grant carries no purchase price and represents equity compensation rather than an open-market share purchase.
According to the footnotes, this award vests over three years in one-third increments beginning April 15, 2027, subject to continued employment. The filing also lists other unvested time-based restricted stock awards originally granted on April 1, 2024 and April 1, 2025, each scheduled to vest in equal annual installments over three years, reinforcing an ongoing equity-based incentive structure for the executive.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,294 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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 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 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