What prices did Christopher J. Mettler receive for his SFBS share sales?

The reported sale prices ranged from $85.54 to $96.25 per SFBS share. One transaction used a weighted average price around $87.14, reflecting multiple trades within a narrow price band on that date, according to the Form 4 footnote.

Were any of the SFBS share sales reported using a weighted average price?

Yes. At least one transaction used a weighted average sale price, reflecting multiple trades between $86.91 and $87.42 per share. The director undertook to provide detailed breakdowns of shares sold at each price upon request, as described in the Form 4 footnote.

Director sells 14,715 ServisFirst Bancshares (SFBS) shares in open market

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

ServisFirst Bancshares director Christopher J. Mettler reported multiple open-market sales of company common stock. Across seven transactions from late November through December 24, 2024, he sold a total of 14,715 shares at prices between $85.54 and $96.25 per share. Following these sales, he directly holds 3,505 shares of common stock, which include 784 restricted stock awards scheduled to vest 100% on 05/19/2025. One transaction used a weighted average sale price, reflecting execution across several prices within a narrow range.

Insider Trade Summary

Net Seller: 14,715 shares ($1,359,540)

Net Sell 7 txns

Insider Mettler Christopher J

Role Director

Sold 14,715 shs ($1.36M)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,500	$86.50	$130K
Sale	Common Stock	1,805	$87.14	$157K
Sale	Common Stock	1,000	$85.54	$86K
Sale	Common Stock	2,500	$93.00	$233K
Sale	Common Stock	4,000	$96.25	$385K
Sale	Common Stock	556	$96.25	$54K
Sale	Common Stock	3,354	$94.20	$316K

Holdings After Transaction: Common Stock — 3,505 shares (Direct)

Footnotes (1)

The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions ranging in price from $86.91 to $87.42, inclusive. The reporting person undertakes to provide ServisFirst Bancshares, Inc., any security holder of ServisFirst Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price set forth in this footnote to this Form 4. Includes 784 restricted stock awards which vest 100% in one year from the award date, 05/19/2025.

Key Figures

Total shares sold: 14,715 shares Highest sale price: $96.25 per share Lowest sale price: $85.54 per share +3 more

6 metrics

Total shares sold 14,715 shares Net open-market sales from Nov 21–Dec 24, 2024

Highest sale price $96.25 per share Open-market sales on Dec 10 and Dec 11, 2024

Lowest sale price $85.54 per share Open-market sale on Dec 19, 2024

Shares after transactions 3,505 shares Direct holdings after Dec 24, 2024 sales

Restricted stock awards 784 shares Awards vest 100% on 05/19/2025

Single-day largest sale 4,000 shares Open-market sale on Dec 11, 2024 at $96.25

Key Terms

weighted average price, restricted stock awards, open-market sale, Form 4

4 terms

weighted average price financial

"The price reported in column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

restricted stock awards financial

"Includes 784 restricted stock awards which vest 100% in one year"

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 regulatory

"set forth in this footnote to this Form 4."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

03/30/2026 - 06:10 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mettler Christopher J

(Last)

(First)

(Middle)

21 BROUGHTON ROAD

(Street)

CHARLESTON

SOUTH CAROLINA

29407

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ServisFirst Bancshares, Inc. [ SFBS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2024

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/21/2024		S		3,354	D	$94.2	14,866	D
Common Stock	12/10/2024		S		556	D	$96.25	14,310	D
Common Stock	12/11/2024		S		4,000	D	$96.25	10,310	D
Common Stock	12/18/2024		S		2,500	D	$93	7,810	D
Common Stock	12/19/2024		S		1,000	D	$85.54	6,810	D
Common Stock	12/20/2024		S		1,805	D	$87.14⁽¹⁾	5,005	D
Common Stock	12/24/2024		S		1,500	D	$86.5	3,505⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions ranging in price from $86.91 to $87.42, inclusive. The reporting person undertakes to provide ServisFirst Bancshares, Inc., any security holder of ServisFirst Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price set forth in this footnote to this Form 4.

2. Includes 784 restricted stock awards which vest 100% in one year from the award date, 05/19/2025.

	/s/ Davis S. Mange, Attorney-In-Fact	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SFBS director Christopher J. Mettler report?

Christopher J. Mettler reported a series of open-market sales of ServisFirst Bancshares common stock. Over seven transactions, he sold 14,715 shares at various prices between $85.54 and $96.25 per share, as disclosed in his Form 4 filing.

How many ServisFirst Bancshares (SFBS) shares did the director sell in total?

The director sold a total of 14,715 ServisFirst Bancshares common shares. These shares were disposed of in seven separate open-market transactions, each with its own price per share, during November and December 2024 as detailed in the Form 4.

How many ServisFirst Bancshares shares does the director still own after these sales?

After completing the reported sales, Christopher J. Mettler directly owns 3,505 ServisFirst Bancshares common shares. This remaining position includes 784 restricted stock awards that are scheduled to vest in full on May 19, 2025, as disclosed in the footnotes.

What does the Form 4 say about SFBS restricted stock awards held by the director?

The filing notes that the director’s holdings include 784 restricted stock awards. These awards will vest 100% one year from the award date, specifically on May 19, 2025, adding to his direct ownership once they fully vest if they are still outstanding.