Seacoast (NASDAQ: SBCF) COO receives 11,820-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seacoast Banking Corporation of Florida executive vice president and chief operating officer Juliette Kleffel received a grant of 11,820 shares of common stock on April 15, 2026 as a compensation award. The grant was made at $0.00 per share and represents unvested time-based restricted stock units that vest over three years in one-third increments beginning April 15, 2027, subject to continued employment.
The filing also shows outstanding rights to buy common stock with exercise prices of $31.15 and $28.69, each tied to underlying common shares and vesting over three years, subject to continuous employment and certain capital requirements at the company’s banking subsidiary.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Kleffel Juliette
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,820 | $0.00 | -- |
| holding | Common Stock Right to Buy | -- | -- | -- |
| holding | Common Stock Right to Buy | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,820 shares (Direct);
Common Stock Right to Buy — 12,635 shares (Direct)
Footnotes (1)
- 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 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. 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 Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan. 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
Equity grant size: 11,820 shares
Grant price: $0.00 per share
Option exercise price 1: $31.15
+3 more
6 metrics
Equity grant size
11,820 shares
Common stock awarded April 15, 2026
Grant price
$0.00 per share
Restricted stock unit award to EVP/COO
Option exercise price 1
$31.15
Common Stock Right to Buy, expires April 1, 2028
Underlying shares 1
12,635 shares
Tied to $31.15 exercise price award
Option exercise price 2
$28.69
Common Stock Right to Buy, expires April 1, 2027
Underlying shares 2
14,831 shares
Tied to $28.69 exercise price award
Key Terms
restricted stock units, time based restricted stock award, 2013 Incentive Plan, Common Stock Right to Buy, +1 more
5 terms
restricted stock units financial
"Represents unvested time based restricted stock units granted on April 15, 2026"
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"
2013 Incentive Plan financial
"Granted pursuant to Seacoast Banking Corporation of Florida's 2013 Incentive Plan."
Common Stock Right to Buy financial
"security_title: "Common Stock Right to Buy""
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.
FAQ
What insider transaction did Seacoast (SBCF) report for Juliette Kleffel?
Seacoast reported that EVP and COO Juliette Kleffel received a grant of 11,820 shares of common stock on April 15, 2026. The award is in the form of time-based restricted stock units that vest over three years, beginning April 15, 2027, subject to continued employment.
What derivative awards for Seacoast (SBCF) stock does Juliette Kleffel hold?
Juliette Kleffel holds rights to buy Seacoast common stock with exercise prices of $31.15 and $28.69 per share. These derivative awards relate to 12,635 and 14,831 underlying common shares, respectively, and remain outstanding as direct holdings according to the filing.
What are the vesting conditions on Juliette Kleffel’s Seacoast (SBCF) equity awards?
Her time-based restricted stock units and awards vest over three years in equal annual installments, subject to continued employment. Certain derivative grants also require the company’s banking subsidiary to meet specified capital requirements for vesting on each anniversary of the grant date.