Seacoast EVP sells 7,552 Seacoast Banking shares
SEACOAST BANKING CORP OF FLORIDA EVP and Chief Credit Officer James C. Stallings III sold 7,552 shares of Common Stock in an open-market transaction at a weighted average price of $31.16 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
SEACOAST BANKING CORP OF FLORIDA EVP and Chief Credit Officer James C. Stallings III sold 7,552 shares of Common Stock in an open-market transaction at a weighted average price of $31.16 per share. Following this sale, he directly holds 7,247 shares of common stock. The sale price reflects multiple trades between $31.16 and $31.18. The filing also notes several unvested time-based restricted stock and restricted stock unit awards granted in April 2024, April 2025, and April 2026 that vest in one-third increments over three years, subject to continued employment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,552 | $31.16 | $235K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 31.16 to 31.18. 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.
- F2. Represents an unvested time-based restricted stock award granted on April 1, 2024, which shall vest over 3 years in one-third increments, beginning on April 1, 2025, and on each anniversary thereafter, subject to continued employment.
- F3. 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
- F4. Represents unvested time based restricted stock units granted on April 15, 2026, which vests over 3 years in one-third increments, beginning on April 15, 2027, and on each anniversary thereafter subject to continued employment
Key Figures
Key Terms
weighted average price financial
restricted stock award financial
restricted stock units financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SBCF executive James C. Stallings III report?
What is James C. Stallings III’s role at Seacoast Banking (SBCF)?
What equity awards for SBCF does Stallings have that are still unvested?
AI-generated analysis. How Rhea-AI works. Not financial advice.