ServisFirst (SFBS) CCO gets 1,000-share restricted stock grant
Rhea-AI Filing Summary
ServisFirst Bancshares, Inc. reported that officer Harper James Hannon, who serves as CCO and SVP, received an award of 1,000 shares of common stock on January 20, 2026. The filing shows these shares were acquired at a price of $0 per share, indicating a stock grant rather than an open-market purchase.
According to the footnotes, the granted shares are restricted stock that vest 100% in five years from the award date. After this grant, Hannon beneficially owns 4,000 shares of common stock held directly, and the disclosure notes that this total includes 4,000 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Shares awarded are restricted stock which vest 100% in five years from the award date.
- F2. Includes 4,000 shares of restricted stock.
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FAQ
Was the ServisFirst (SFBS) insider stock acquisition a purchase or a grant?
The Form 4 lists a transaction code A and a $0 price per share, indicating the 1,000 shares were received as a stock grant, not bought on the market.
What is the vesting schedule for the ServisFirst (SFBS) restricted stock award?
The footnotes state that the shares awarded are restricted stock that vest 100% in five years from the award date.
What portion of Harper James Hannon’s ServisFirst (SFBS) holdings are restricted stock?
The disclosure notes that the total includes 4,000 shares of restricted stock within Hannon’s beneficial ownership.