Seacoast Banking (SBCF) CFO awarded 3,294 restricted stock units
Rhea-AI Filing Summary
Seacoast Banking Corp of Florida EVP & CFO Tracey Dexter received 3,294 shares of common stock as a grant on April 15, 2026. The award was granted at no cash cost and is structured as time-based restricted stock units that vest over three years in one‑third increments starting April 15, 2027, subject to continued employment.
Dexter also holds a right to buy Seacoast common stock at an exercise price of $31.15 per share for 2,842 underlying shares, which expires on April 1, 2028, along with multiple existing direct common stock positions, including prior restricted awards, deferred compensation plan holdings, and shares in the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,294 shares
Net Buy
7 txns
Insider
DEXTER TRACEY
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,294 | $0.00 | $0.00 |
| holding | Common Stock Right to Buy | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 59,744.901 shares (Direct);
Common Stock Right to Buy — 2,842 shares (Direct)
Footnotes (7)
- F1. 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
- 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
- F4. Held in Seacoast's Executive Deferred Compensation Plan
- F5. Shares in the Company's Employee Stock Purchase Plan
- F6. Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan
- F7. 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 continued employment
Key Figures
Restricted stock units granted: 3,294 shares
Option exercise price: $31.15 per share
Underlying shares for right to buy: 2,842 shares
+2 more
5 metrics
Restricted stock units granted
3,294 shares
Common Stock grant to EVP & CFO on April 15, 2026
Option exercise price
$31.15 per share
Common Stock Right to Buy held directly
Underlying shares for right to buy
2,842 shares
Common Stock underlying the right to buy, expiring April 1, 2028
Shares following RSU grant
3,294 shares
Total common stock from the new grant reported as direct
RSU vesting period
3 years
Vests in one‑third increments beginning April 15, 2027
Key Terms
restricted stock units, unvested time-based restricted stock award, Executive Deferred Compensation Plan, Employee Stock Purchase Plan, +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.
unvested time-based restricted stock award financial
"Represents an unvested time-based restricted stock award granted on April 1, 2024"
Executive Deferred Compensation Plan financial
"Held in Seacoast's Executive Deferred Compensation Plan"
Employee Stock Purchase Plan financial
"Shares in the Company's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Amended and Restated 2013 Incentive Plan financial
"Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Seacoast Banking (SBCF) CFO Tracey Dexter report in this Form 4 filing?
Tracey Dexter reported receiving 3,294 shares of Seacoast common stock as a grant on April 15, 2026. The grant consists of time-based restricted stock units that vest over three years, adding to his existing direct common stock and equity-based holdings.
How do the new 3,294 Seacoast (SBCF) restricted stock units vest for the CFO?
The 3,294 restricted stock units granted on April 15, 2026 vest in three equal annual installments. Vesting starts April 15, 2027 and continues on each anniversary for three years, and each installment is contingent on Tracey Dexter’s continued employment with Seacoast Banking.
What other Seacoast (SBCF) equity awards are disclosed for the CFO in this filing?
The filing notes multiple unvested time-based restricted stock awards granted in 2024 and 2025, each vesting over three years in one‑third increments. Additional direct holdings include shares in Seacoast’s Executive Deferred Compensation Plan and the Company’s Employee Stock Purchase Plan.
What incentive plan governs the Seacoast (SBCF) CFO’s new stock grant and awards?
The filing states that certain equity awards were granted under Seacoast’s Amended and Restated 2013 Incentive Plan. These include time-based restricted stock and restricted stock units that vest over three years, aligning executive compensation with long‑term shareholder interests and ongoing employment.