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SBCF EVP Forlenza has 1,571 shares withheld for tax

SEACOAST BANKING CORP OF FLORIDA EVP & CRO Joseph M. Forlenza reported routine tax-related share dispositions.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SEACOAST BANKING CORP OF FLORIDA EVP & CRO Joseph M. Forlenza reported routine tax-related share dispositions. On April 1, 2026, a total of 1,571 shares of common stock were withheld at $30.58 per share to cover tax obligations tied to equity awards. These F-code transactions are not open-market sales. After these entries, he directly holds 48,402 shares of common stock, reflecting his ongoing equity stake in the company.

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Insider FORLENZA JOSEPH M
Role EVP & CRO
Type Security Shares Price Value
Exercise Price or Tax Liability Common Stock 290 $30.58 $9K
Exercise Price or Tax Liability Common Stock 971 $30.58 $30K
Exercise Price or Tax Liability Common Stock 310 $30.58 $9K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 51,194 shares (Direct)
Footnotes (3)
  1. F1. Represents an unvested time-based restricted stock award granted on April 1, 2023, which shall vest over 3 years in one-third increments, beginning April 2, 2024, and on each anniversary thereafter, subject to continued employment.
  2. 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 April 1, 2025, and on each anniversary thereafter, subject to continued employment.
  3. 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
Tax-withholding shares 1,571 shares Common stock delivered for tax liabilities on 2026-04-01
Tax-withholding price $30.58 per share Value used for F-code dispositions on 2026-04-01
Post-transaction holdings 48,402 shares Direct common stock ownership after reported transactions
F-code transaction 1 290 shares Common stock delivered for tax liability at $30.58
F-code transaction 2 971 shares Common stock delivered for tax liability at $30.58
F-code transaction 3 310 shares Common stock delivered for tax liability at $30.58
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for F-code entries"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock award financial
"Represents an unvested time-based restricted stock award granted on April 1, 2023"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
time-based restricted stock financial
"Represents an unvested time-based restricted stock award granted on April 1, 2024"
Time-based restricted stock are company shares granted to employees or executives that become fully owned and transferable only after the recipient stays with the company for specified time periods. Think of it like receiving a wrapped gift that opens a little each year; the gradual unlocking helps keep employees motivated and tied to long-term performance. Investors watch these grants because they can dilute existing shares when they vest and signal how management is being rewarded and incentivized.
vest over 3 years financial
"which shall vest over 3 years in one-third increments"
continued employment financial
"on each anniversary thereafter, subject to continued employment"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SBCF executive Joseph Forlenza report on April 1, 2026?

Joseph M. Forlenza reported tax-withholding dispositions of Seacoast Banking (SBCF) shares on April 1, 2026. In total, 1,571 common shares were withheld at $30.58 per share to satisfy tax liabilities associated with equity compensation awards, not as open-market sales.

How many Seacoast Banking (SBCF) shares were withheld for taxes in this Form 4?

A total of 1,571 Seacoast Banking common shares were withheld for taxes. The Form 4 shows three F-code transactions of 290, 971, and 310 shares, each valued at $30.58 per share, representing share deliveries to cover tax obligations on equity awards.

Does the SBCF Form 4 show Joseph Forlenza selling shares on the open market?

No, the Form 4 does not show open-market sales by Joseph Forlenza. All reported dispositions use transaction code F, indicating payment of exercise price or tax liability by delivering securities, which is a tax-withholding mechanism tied to equity awards, not discretionary market selling.

How many SBCF shares does Joseph Forlenza hold after the reported transactions?

After the reported transactions, Joseph Forlenza directly holds 48,402 Seacoast Banking common shares. This holding figure is disclosed in the Form 4 as a direct ownership entry, reflecting his continuing equity position following the tax-withholding dispositions on April 1, 2026.

What do the restricted stock footnotes in the SBCF Form 4 explain?

The footnotes explain that multiple time-based restricted stock awards granted in 2023, 2024, and 2025 vest in one-third increments over three years. Each award vests annually on specified April dates, subject to Joseph Forlenza’s continued employment with Seacoast Banking Corporation of Florida.

What does transaction code F mean in the Seacoast Banking (SBCF) Form 4?

Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this SBCF Form 4, Joseph Forlenza used shares of common stock, totaling 1,571, to satisfy tax obligations related to equity awards, instead of conducting open-market sales for cash.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FORLENZA JOSEPH M

(Last)(First)(Middle)
P.O. BOX 9012

(Street)
STUART FLORIDA 34995

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SEACOAST BANKING CORP OF FLORIDA [ SBCF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & CRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026F290D$30.580D(1)
Common Stock04/01/2026F971D$30.584,820D(2)
Common Stock04/01/2026F310D$30.582,792D(3)
Common Stock48,402D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an unvested time-based restricted stock award granted on April 1, 2023, which shall vest over 3 years in one-third increments, beginning April 2, 2024, and on each anniversary thereafter, subject to continued employment.
2. 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.
3. 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
Remarks:
/s/ Kathy L. Hsu as Power of Attorney for Joseph M. Forlenza04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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