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State Street discloses 4.7% Seacoast Banking (SBCF) stake in 13G

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Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

State Street Corporation has filed a Schedule 13G reporting beneficial ownership of 4,610,754 shares of Seacoast Banking Corp of Florida common stock, representing 4.7% of the class as of the reported date. All voting and disposition authority is shared through affiliated investment adviser subsidiaries.

The filing states these shares were acquired and are held in the ordinary course of business, without any purpose or effect of changing or influencing control of Seacoast. State Street reports no sole voting or dispositive power, underscoring that authority rests collectively with its asset management entities.

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FAQ

What stake does State Street hold in Seacoast Banking Corp of Florida (SBCF)?

State Street Corporation reports beneficial ownership of 4,610,754 Seacoast Banking shares, or 4.7% of the common stock. This stake is disclosed on a Schedule 13G filing, indicating a sizable but non-controlling position held primarily through State Street’s investment management subsidiaries.

Is State Street seeking control of Seacoast Banking Corp of Florida (SBCF)?

The filing states State Street is not seeking to change or influence control of Seacoast Banking. The shares were acquired and are held in the ordinary course of business, consistent with a passive institutional investment rather than an activist or control-oriented position.

How much voting power does State Street report in Seacoast Banking (SBCF)?

State Street reports shared voting power over 640,169 Seacoast Banking shares and no sole voting power. This means voting decisions on those shares are exercised collectively under shared authority, typical for large asset managers acting on behalf of multiple underlying clients.

What dispositive power does State Street have over SBCF shares?

State Street reports shared dispositive power over 4,610,754 Seacoast Banking shares and no sole dispositive power. Shared dispositive power means affiliated advisers can collectively decide when and how to sell or otherwise dispose of these shares for their clients.

Which State Street subsidiaries are involved in holding Seacoast Banking (SBCF) shares?

Subsidiaries cited include SSGA Funds Management, Inc. and several State Street Global Advisors entities. These registered investment advisers manage client assets and are the operating arms through which the Seacoast Banking shares are held and managed on a discretionary basis.

Why is the Seacoast Banking (SBCF) stake reported on Schedule 13G instead of 13D?

Schedule 13G is used because State Street classifies its position as passive and held in the ordinary course. The certification states the securities were not acquired to change or influence control, which is a key condition for using the shorter 13G form.





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



STATE STREET CORPORATION
Signature:ELIZABETH SCHAEFER
Name/Title:SENIOR VICE PRESIDENT, CHIEF ACCOUNTING OFFICER
Date:02/09/2026