STOCK TITAN

Seacoast Banking (SBCF) CEO sells 10,367 shares, still holds 174k

(High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Seacoast Banking Corp of Florida Chairman, President & CEO Charles M. Shaffer sold common stock in an open-market transaction. On May 4, 2026, he sold 10,367 shares of common stock at a weighted average price of $30.88 per share, with individual trade prices ranging from $30.75 to $30.96.

After this sale, Shaffer directly held 174,113 shares of common stock. He also held stock options labeled as common stock rights to buy 18,952 underlying shares at $31.15 per share expiring April 1, 2028, and 28,544 underlying shares at $28.69 per share expiring April 1, 2027. The filing also notes unvested restricted stock and plan-based share equivalents, indicating additional long-term equity exposure.

Positive

  • None.

Negative

  • None.

Insights

CEO executed a modest open-market sale while retaining a sizable equity stake and unexercised options.

Charles M. Shaffer sold 10,367 Seacoast Banking common shares at a weighted average of $30.88, with trade prices between $30.75 and $30.96. Following the sale, he directly held 174,113 common shares, so the transaction represents only a small portion of his visible equity position.

Shaffer also retained stock options covering 18,952 shares at $31.15 expiring on April 1, 2028, and 28,544 shares at $28.69 expiring on April 1, 2027. Footnotes describe additional unvested restricted stock and plan-based holdings, underscoring that a substantial part of his compensation remains equity-linked.

Overall, this looks like a routine liquidity event rather than a transformational change in insider ownership. Future company filings may provide further context on how his remaining options and restricted awards vest over time and align incentives with long-term performance.

Insider Shaffer Charles M
Role Chairman, President & CEO
Sold 10,367 shs ($320K)
Type Security Shares Price Value
Sale Common Stock 10,367 $30.88 $320K
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 — 228,719.4018 shares (Direct); Common Stock Right to Buy — 47,496 shares (Direct)
Footnotes (8)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.75 to $30.96. 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.
  2. F2. 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
  3. F3. 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.
  4. 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
  5. F5. Shares in the Company's Employee Stock Purchase Plan, as of March 31, 2026
  6. F6. Share equivalents held in Company's Retirement Savings Plan as of March 31, 2026
  7. F7. Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
  8. 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.
Shares sold 10,367 shares Open-market sale of common stock on May 4, 2026
Weighted average sale price $30.88 per share Common stock sale on May 4, 2026
Price range of sales $30.75–$30.96 per share Multiple sale transactions on May 4, 2026
Shares held after transaction 174,113 shares Direct common stock ownership after May 4, 2026 sale
Option strike price $31.15 per share Common Stock Right to Buy expiring April 1, 2028 (18,952 shares)
Option strike price $28.69 per share Common Stock Right to Buy expiring April 1, 2027 (28,544 shares)
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.
restricted stock units financial
"Represents unvested time based restricted stock units granted on April 15, 2026, which vests over 3 years"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
restricted stock award financial
"Represents an unvested time-based restricted stock award granted on April 1, 2024, which shall vest over 3 years"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
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"
Incentive Plan financial
"Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did SBCF report for Charles M. Shaffer on May 4, 2026?

On May 4, 2026, Seacoast Banking CEO Charles M. Shaffer sold 10,367 shares of SBCF common stock in an open-market transaction at a weighted average price of $30.88 per share, with individual sale prices between $30.75 and $30.96.

How many Seacoast Banking (SBCF) shares does the CEO hold after this Form 4?

After the reported sale, CEO Charles M. Shaffer directly holds 174,113 shares of Seacoast Banking common stock. This post-transaction balance shows he retained a substantial equity position in SBCF despite the 10,367-share open-market sale disclosed in the filing.

At what prices did the SBCF CEO sell his 10,367 shares?

The Form 4 reports a weighted average sale price of $30.88 per share for the 10,367 SBCF shares. Footnotes state the shares were sold in multiple trades at prices ranging from $30.75 to $30.96, with detailed breakdowns available upon request from the company or regulators.

What stock options or rights to buy SBCF shares does the CEO still hold?

Charles M. Shaffer holds stock rights to buy 18,952 SBCF shares at $31.15 per share expiring April 1, 2028, and 28,544 shares at $28.69 per share expiring April 1, 2027. These options, described as common stock rights to buy, provide additional future equity exposure.

Does the SBCF Form 4 mention any unvested restricted stock or equity plans?

Yes. Footnotes describe unvested time-based restricted stock units and restricted stock awards granted in 2024, 2025, and 2026, vesting over three years subject to continued employment. They also reference shares in the Employee Stock Purchase Plan and share equivalents in the Retirement Savings Plan as of March 31, 2026.
SEC Form 4
FORM 4UNITED 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*
Shaffer Charles M

(Last)(First)(Middle)
SEACOAST BANKING CORPORATION OF FLORIDA
P. O. BOX 9012

(Street)
STUART FLORIDA 34995

(City)(State)(Zip)

UNITED STATES

(Country)
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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman, President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/04/2026S10,367D$30.88(1)174,113D
Common Stock15,503D(2)
Common Stock16,663D(3)
Common Stock11,495D(4)
Common Stock9,369D(5)
Common Stock1,576.4018D(6)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Common Stock Right to Buy(7)$28.69 (8)04/01/2027Common Stock28,54428,544D
Common Stock Right to Buy(7)$31.15 (8)04/01/2028Common Stock18,95218,952D
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.75 to $30.96. 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.
2. 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
3. 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.
4. 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
5. Shares in the Company's Employee Stock Purchase Plan, as of March 31, 2026
6. Share equivalents held in Company's Retirement Savings Plan as of March 31, 2026
7. Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan.
8. 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.
Remarks:
/s/ Charles M. Shaffer05/06/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)