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.
Sentiment and the balance of points
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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.
Insider Trade Summary
| 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 | -- | -- | -- |
Footnotes (3)
- 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.
- 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.
- 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
Key Figures
Key Terms
tax-withholding disposition financial
restricted stock award financial
time-based restricted stock financial
vest over 3 years financial
continued employment financial
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?
What do the restricted stock footnotes in the SBCF Form 4 explain?
What does transaction code F mean in the Seacoast Banking (SBCF) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.