Seacoast Banking COO sells 14,831 shares
SEACOAST BANKING CORP OF FLORIDA (SBCF) reported that EVP and Chief Operating Officer Juliette Kleffel exercised 14,831 stock options at an exercise price of $28.69 per share into common stock on 2026-08-27.
Rhea-AI Filing Summary
SEACOAST BANKING CORP OF FLORIDA (SBCF) reported that EVP and Chief Operating Officer Juliette Kleffel exercised 14,831 stock options at an exercise price of $28.69 per share into common stock on 2026-08-27. On the same date, she sold 14,831 common shares at a weighted average price of about $34.31 per share, with individual sale prices ranging from $34.25 to $34.34. After this exercise, she continues to hold a derivative position for 12,635 shares of common stock at an exercise price of $31.15 per share expiring on 2028-04-01.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 14,831 shares ($83K approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Kleffel Juliette
Role
EVP, Chief Operating Officer
Sold
14,831 shs ($509K)
Approx. gross sale proceeds
$509K
Approx. exercise cost
$426K
Approx. pre-tax spread
$83K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock Right to Buy F5, F6 | 14,831 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,831 | $28.69 | $426K |
| Sale | Common Stock F1 | 14,831 | $34.31 | $509K |
| holding | Common Stock Right to Buy F5, F6 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock Right to Buy — 12,635 contracts (Direct);
Common Stock — 99,975 shares (Direct)
Footnotes (6)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.25 to $34.34. 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 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
- 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
- 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
- F5. Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan.
- F6. 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.
Key Figures
Options exercised: 14,831 shares
Option exercise price: $28.69 per share
Shares sold: 14,831 shares
+5 more
8 metrics
Options exercised
14,831 shares
Common Stock Right to Buy exercised on 2026-08-27
Option exercise price
$28.69 per share
Exercise price for 14,831 underlying common shares
Shares sold
14,831 shares
Common Stock sale on 2026-08-27
Weighted average sale price
$34.31 per share
Sales executed in a range from $34.25 to $34.34
Remaining option exercise price
$31.15 per share
Exercise price of remaining Common Stock Right to Buy
Remaining underlying option shares
12,635 shares
Underlying common shares for options expiring 2028-04-01
Remaining option expiration date
2028-04-01
Expiration of Common Stock Right to Buy for 12,635 shares
Vesting period for awards
3 years
Unvested restricted stock units and awards vest in one-third increments
Key Terms
weighted average price, restricted stock units, time-based restricted stock award, 2013 Incentive Plan, +2 more
6 terms
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"
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.
time-based restricted stock award financial
"Represents an unvested time-based restricted stock award granted on April 1, 2024, which shall vest"
2013 Incentive Plan financial
"Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan."
capital requirements financial
"subject to continuous employment on each vesting date and the Company's banking subsidiary meets certain capital requirements."
Capital requirements are rules that determine how much money a bank or regulated financial firm must keep on hand to absorb losses and support ongoing operations, like a safety cushion in a household budget. Investors care because higher required cushions can limit a firm’s ability to pay dividends or invest in growth, while too little capital raises the risk of failure and sudden losses to shareholders and creditors.
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox allows trades to be designated under Rule 10b5-1."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What transactions did Juliette Kleffel report in this Form 4 for SBCF?
She exercised 14,831 stock options at an exercise price of $28.69 per share into common stock and sold 14,831 common shares at a weighted average price of about $34.31 per share on 2026-08-27.
What stock options did Juliette Kleffel exercise in SBCF?
She exercised options labeled as a Common Stock Right to Buy for 14,831 underlying shares of SBCF common stock at an exercise price of $28.69 per share on 2026-08-27.
Does Juliette Kleffel still hold SBCF stock options after these transactions?
Yes. She continues to hold a Common Stock Right to Buy covering 12,635 underlying SBCF shares at an exercise price of $31.15 per share, expiring on 2028-04-01, held directly.
Were Juliette Kleffel’s SBCF trades made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not describe a trading plan, so the filing does not state that these trades were made under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
