Seacoast (SBCF) Director Sale: 72 Shares Sold; 31,282.118 Held Indirectly
Rhea-AI Filing Summary
Insider Form 4 filing for Seacoast Banking Corp. of Florida (SBCF) reports a small open-market sale by director Thomas E. Rossin. On 08/21/2025 Mr. Rossin sold 72 shares of Seacoast common stock at an average price of $29.25 per share. Following the reported transaction the filing shows 0 shares held directly and 31,282.118 shares held indirectly in Seacoast's Non-employee Directors Deferred Compensation Plan. The filing notes some holdings are held jointly with spouse. The form is signed under power of attorney and contains standard Form 4 disclosures.
Positive
- None.
Negative
- None.
Insights
TL;DR: A routine, small director sale; overall beneficial ownership remains concentrated in the deferred compensation plan.
The transaction is a minor open-market sale of 72 shares at $29.25, which is immaterial relative to reported indirect holdings of 31,282.118 shares. This Form 4 discloses ownership split between direct (now reported as zero) and indirect holdings via the Non-employee Directors Deferred Compensation Plan. No derivative or other transactions are reported. From a financial standpoint, the filing does not present material information likely to affect valuation or short-term trading activity.
TL;DR: Routine disclosure of a director's small sale and existing deferred-compensation holdings; governance controls appear followed.
The filing shows compliance with Section 16 reporting: transaction date, price, and post-transaction beneficial ownership are reported, and the signature is dated and executed via power of attorney. The note that shares are held jointly with a spouse and in a deferred compensation plan clarifies beneficial ownership lines. There are no red flags such as unexplained transfers, pledged shares, or derivative activity in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 72 | $29.25 | $2K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Held jointly with spouse
- F2. Held in Seacoast's Non-employee Directors Deferred Compensation Plan
AI-generated analysis. How Rhea-AI works. Not financial advice.