Sound Financial CEO-linked trust sells 900 SFBC shares
Sound Financial Bancorp, Inc. director and President & CEO Laura Lee Stewart reported an indirect sale of 900 shares of common stock at $42.60 per share on behalf of the Stewart Charitable Remainder Trust.
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Form Type
4
Rhea-AI Filing Summary
Sound Financial Bancorp, Inc. director and President & CEO Laura Lee Stewart reported an indirect sale of 900 shares of common stock at $42.60 per share on behalf of the Stewart Charitable Remainder Trust. The filing shows she continues to hold meaningful equity through direct and indirect share ownership and multiple outstanding stock options.
Insider Trade Summary 10b5-1
Net Seller: 900 shares
Net Sell
9 txns
Insider
Stewart Laura Lee
Role
President and CEO
Sold
900 shs ($38K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 900 | $42.60 | $38K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,000 shares (Indirect, By CRT);
Stock Option (Right to Buy) — 2,729 contracts (Direct);
Common Stock — 14,409 shares (Indirect, By ESOP);
Common Stock — 18,906 shares (Indirect, By 401(k));
Common Stock — 49,602 shares (Direct)
Footnotes (4)
- F1. Options are fully exercisable.
- F2. Options vest in three equal annual installments beginning on January 26, 2025.
- F3. On December 10, 2025, the reporting person contributed 10,800 shares of Sound Financial Bancorp, Inc. common stock to the Stewart Charitable Remainder Trust ("CRT") for estate planning purposes, resulting in a change in form of beneficial ownership from direct to indirect. The reporting person is the sole lifetime beneficiary of the CRT and retains the right to receive distributions in accordance with the terms of the trust. An independent third-party trustee serves as the trustee of the CRT and holds sole voting and dispositive power over the shares held by the trust.
- F4. These shares were sold by the trustee of the CRT, and not at the direction of the reporting person, pursuant to instructions contained in the trust agreement governing the CRT, in accordance with Rule 10b5-1(c) adopted on December 10, 2025. Following the reported transaction, the reporting person continues to hold a meaningful equity interest in the Company through remaining share ownership and outstanding equity awards.
Key Figures
Shares sold: 900 shares
Sale price: $42.60 per share
Direct common shares: 49,602 shares
+5 more
8 metrics
Shares sold
900 shares
Common Stock sold indirectly by CRT
Sale price
$42.60 per share
Price for 900-share sale
Direct common shares
49,602 shares
Direct ownership after transactions
401(k) common shares
18,906 shares
Indirect ownership via 401(k)
ESOP common shares
14,409 shares
Indirect ownership via ESOP
CRT common shares
9,000 shares
Indirect ownership after 900-share sale
Option strike price
$40.13 per share
Stock option expiring January 27, 2033
Option expiration
January 26, 2034
Stock option at $39.89 exercise price
Key Terms
Rule 10b5-1(c), Charitable Remainder Trust, ESOP, 401(k), +1 more
5 terms
Rule 10b5-1(c) regulatory
"in accordance with Rule 10b5-1(c) adopted on December 10, 2025"
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
Charitable Remainder Trust financial
"contributed 10,800 shares ... to the Stewart Charitable Remainder Trust ("CRT") for estate planning purposes"
ESOP financial
"Common Stock ... total_shares_following_transaction: "14409.0000" ... nature_of_ownership: "By ESOP""
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
401(k) financial
"Common Stock ... total_shares_following_transaction: "18906.0000" ... nature_of_ownership: "By 401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" ... underlying_security_title: "Common Stock""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SFBC report for Laura Lee Stewart?
The report shows an indirect sale of 900 shares of Sound Financial Bancorp common stock at $42.60 per share. The shares were sold by the trustee of the Stewart Charitable Remainder Trust under instructions in the trust agreement.
Was the SFBC insider sale made under a Rule 10b5-1 plan?
Yes. A footnote states the CRT sale was executed pursuant to instructions in the trust agreement, in accordance with Rule 10b5-1(c), adopted on December 10, 2025. This indicates the sale was pre-arranged rather than a discretionary market-timing decision.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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