Seacoast Banking Corp of Florida (SBCF) director awarded 2,015-share stock grant
Rhea-AI Filing Summary
SEACOAST BANKING CORP OF FLORIDA reports that subsidiary director H. Gilbert Culbreth Jr. was granted 2,015 shares of common stock on 2026-07-31 at 34.7400 per share as restricted stock for 2026 board service, deferred into the company’s directors deferred compensation plan. He also holds a right to buy 2,142 common shares at an exercise price of 22.6500 until 2027-02-06, plus various direct and indirect holdings including 26,000 shares in a family limited liability company and 8,200 shares in a family sub-S corporation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,015 shares
Net Buy
9 txns
Insider
CULBRETH H GILBERT JR
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 2,015 | $34.74 | $70K |
| holding | Common Stock Right to Buy F7 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 75,657.913 shares (Direct);
Common Stock Right to Buy — 2,142 shares (Direct);
Common Stock — 26,000 shares (Indirect, Held in family limited liability company);
Common Stock — 8,200 shares (Indirect, Held in family sub-S corporation)
Footnotes (7)
- F1. Restricted stock issued from Seacoast's 2021 Incentive Plan for service as a Director in 2026, and deferred into director's account in Seacoast's Directors Deferred Compensation Plan
- F2. Held in Seacoast's Non-employee Directors Deferred Compensation Plan
- F3. Held in IRA
- F4. Held jointly with spouse.
- F5. Held jointly with son
- F6. Held jointly with daughter.
- F7. Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan
Key Figures
Restricted stock grant: 2015 shares
Grant valuation: 34.7400 per share
Right to buy underlying shares: 2142 shares
+4 more
7 metrics
Restricted stock grant
2015 shares
Common Stock granted on 2026-07-31 for 2026 director service
Grant valuation
34.7400 per share
Valuation per share for the 2,015-share restricted stock award
Right to buy underlying shares
2142 shares
Underlying Common Stock for the Common Stock Right to Buy
Exercise price of stock right
22.6500
Exercise price for the Common Stock Right to Buy
Stock right expiration
2027-02-06
Expiration date of the Common Stock Right to Buy
Family LLC indirect holding
26000 shares
Common Stock held indirectly in a family limited liability company
Family sub-S corporation holding
8200 shares
Common Stock held indirectly in a family sub-S corporation
Key Terms
Restricted stock, Directors Deferred Compensation Plan, Non-employee Directors Deferred Compensation Plan, Incentive Plan, +1 more
5 terms
Restricted stock financial
"Restricted stock issued from Seacoast's 2021 Incentive Plan for service"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Directors Deferred Compensation Plan financial
"deferred into director's account in Seacoast's Directors Deferred Compensation Plan"
A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.
Non-employee Directors Deferred Compensation Plan financial
"Held in Seacoast's Non-employee Directors Deferred Compensation Plan"
Incentive Plan financial
"Restricted stock issued from Seacoast's 2021 Incentive Plan for service"
family limited liability company financial
"Held in family limited liability company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock award did SBCF subsidiary director H. Gilbert Culbreth Jr. receive?
H. Gilbert Culbreth Jr. received a grant of 2,015 shares of Seacoast Banking common stock on 2026-07-31. The restricted stock was issued for 2026 director service and deferred into his account in the company’s Directors Deferred Compensation Plan.
At what value was the awarded SBCF stock recorded for Culbreth’s grant?
The 2,015-share award was recorded at 34.7400 per share of Seacoast Banking common stock. This reflects the valuation used for the restricted stock issued from Seacoast’s 2021 Incentive Plan for his 2026 service as a director.
What Seacoast Banking (SBCF) stock right to buy does Culbreth hold?
Culbreth holds a Common Stock Right to Buy 2,142 shares of Seacoast Banking stock with an exercise price of 22.6500. This right, granted under the 2013 Incentive Plan, expires on 2027-02-06 and represents a remaining derivative position.
Was Culbreth’s SBCF stock grant reported under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 trading plan box is not checked, so the reported grant was not affirmatively designated as made under a Rule 10b5-1 plan. It represents compensation-related restricted stock for his 2026 director service.