Seacoast Banking (SBCF) director logs 73-share tax-withholding transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seacoast Banking Corporation of Florida director Eduardo J. Arriola reported a small tax-related share disposition. On April 1, 2026, 73 shares of common stock were withheld at $30.58 per share to cover tax obligations on equity compensation, not as an open-market sale. Following the transactions, he directly owns 28,606 common shares, plus additional shares in an IRA and Seacoast's Directors Deferred Compensation Plan. He also holds an unvested restricted stock award granted on April 1, 2024, scheduled to vest in equal thirds starting April 1, 2025 and on each anniversary, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Arriola Eduardo J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 73 | $30.58 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 283 shares (Direct)
Footnotes (1)
- Represents an unvested time-based restricted stock award granted on April 1, 2024, which shall vest over three years in one-third increments, beginning April 1, 2025, and on each anniversary thereafter, subject to continued employment. Held in IRA Held in Seacoast's Directors Deferred Compensation Plan
Key Figures
Tax-withheld shares: 73 shares
Tax-withholding price: $30.58 per share
Direct holdings: 28,606 shares
+5 more
8 metrics
Tax-withheld shares
73 shares
Shares delivered for tax obligations on Apr. 1, 2026
Tax-withholding price
$30.58 per share
Value used for 73-share tax-withholding disposition
Direct holdings
28,606 shares
Common stock directly owned after reported transactions
Post-withholding line holding
283 shares
Shares shown following the 73-share tax-withholding entry
Additional holding entry
281 shares
Separate common stock holding line reported as direct
Deferred compensation holding
2,244.037 shares
Common stock balance in a separate direct holding entry
RSU grant date
April 1, 2024
Grant date of time-based restricted stock award
RSU vesting period
3 years
Vests in one-third increments starting April 1, 2025
Key Terms
restricted stock award, IRA, Directors Deferred Compensation Plan, tax-withholding disposition, +1 more
5 terms
restricted stock award financial
"Represents an unvested time-based restricted stock award granted on April 1, 2024, which shall vest over three years"
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.
IRA financial
"Held in IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Directors Deferred Compensation Plan financial
"Held in Seacoast's Directors Deferred Compensation Plan"
A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did Eduardo J. Arriola report for SEACOAST BANKING (SBCF)?
Eduardo J. Arriola reported a tax-withholding disposition of 73 shares of Seacoast common stock. The shares were withheld at $30.58 each to satisfy tax obligations tied to equity compensation, rather than being sold on the open market.
Was Eduardo J. Arriola’s SBCF Form 4 transaction an open-market sale?
No, the Form 4 shows a code F tax-withholding transaction, not an open-market sale. The 73 shares were delivered to cover tax liabilities associated with equity awards, which is a routine, non-market mechanism commonly used for paying taxes on vested stock.
What restricted stock award does Eduardo J. Arriola have at SEACOAST BANKING (SBCF)?
Arriola holds an unvested time-based restricted stock award granted on April 1, 2024. It will vest in three equal annual installments, beginning April 1, 2025, and on each anniversary, contingent on his continued employment with Seacoast.
How does Eduardo J. Arriola’s SEACOAST BANKING (SBCF) Form 4 treat tax obligations?
The filing shows taxes were covered through a share withholding mechanism. Seventy-three shares of common stock, priced at $30.58 each, were delivered to satisfy tax liabilities related to his equity compensation, avoiding a separate cash payment or open-market share sale.