Director Hudson sells 8,000 Seacoast (SBCF) 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 on March 4, 2026 at a weighted average price of $31.34 per share, executed under a Rule 10b5-1 trading plan adopted on November 21, 2025.
After this transaction, he directly held 236,854 shares of common stock. The filing also lists additional direct and indirect interests, including stock rights and shares held in a retirement savings plan as of December 31, 2025, as well as holdings in trusts, an IRA, joint accounts, and a family partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
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 | $31.34 | $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 — 298,506.993 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 $31.12 to $31.58. 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 December 31, 2025
- F6. Held in IRA
- F7. Granted pursuant to the Company's Amended and Restated 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.
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FAQ
What did Seacoast Banking (SBCF) director Dennis S. Hudson III report on this Form 4?
He reported an open-market sale of 8,000 shares of Seacoast Banking Corp of Florida common stock. The transaction occurred on March 4, 2026, and was executed under a pre-established Rule 10b5-1 trading plan adopted on November 21, 2025.
What is the Rule 10b5-1 plan mentioned in Dennis S. Hudson III’s SBCF Form 4 filing?
The filing states the 8,000-share sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2025. Such plans prearrange trades, allowing insiders to sell shares according to a preset schedule or conditions.