ServisFirst (SFBS) director receives 788-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Holloway Elizabeth Bugg reported acquisition or exercise transactions in this Form 4 filing.
ServisFirst Bancshares, Inc. director Elizabeth Bugg Holloway received an equity grant of 788 shares of Common Stock on May 18, 2026. The footnotes state these shares are restricted stock that vest 100% one year from the award date. Following this compensation-related award, she directly owns 6,661 shares of ServisFirst common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Holloway Elizabeth Bugg
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 788 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,661 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 788 shares
Shares owned after grant: 6,661 shares
Grant price: $0.00 per share
+1 more
4 metrics
Restricted stock grant
788 shares
Common Stock awarded on May 18, 2026
Shares owned after grant
6,661 shares
Total direct holdings following transaction
Grant price
$0.00 per share
Equity award, not open-market purchase
Vesting schedule
100% in one year
Restricted stock vests one year from award date
Key Terms
restricted stock, vest, Grant, award, or other acquisition
3 terms
restricted stock financial
"Shares awarded are restricted stock which vest 100% in one year"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"restricted stock which vest 100% in one year from the award date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
Was the ServisFirst (SFBS) director’s stock grant an open-market purchase or a compensation award?
The transaction is classified as a compensation-related award, not an open-market purchase. It is coded as a grant or other acquisition, with a transaction price of $0.00 per share, indicating an equity incentive grant.
Does this ServisFirst (SFBS) Form 4 include any stock sales or disposals by the director?
No sales or disposals are reported in this Form 4. The filing shows only an acquisition of 788 restricted shares as a grant, with no corresponding sell or dispose transactions disclosed for the same date.