ServisFirst (SFBS) Insider Report: Broughton Disposes 284 Shares

Rhea-AI Filing Summary

ServisFirst Bancshares Form 4 filing reports insider transactions by Thomas A. Broughton, the company's Chairman, President & CEO. The filing shows a sale of 284 shares of the company's common stock on 09/05/2025 at $0 reported (transaction code G). After the sale, total shares beneficially owned are reported as 592,304 held directly. The filing also discloses additional indirect holdings: 125,289 shares in a GRAT for his children (with substitution power retained), 55,138 shares held by TAB 2 LLC, 2,775 held by his spouse, and shares held in a 401(k) plan. The 592,304 figure includes 10,146 restricted shares.

The form is signed by an attorney-in-fact on 09/09/2025 and notes that TAB2, LLC and TAB3, LLC also hold 190,000 and 300,000 shares respectively which are managed by a third-party manager (not included in the GRAT count).

Insights

Securities Analyst

TL;DR: A small reported sale by the CEO reduces direct holdings slightly; substantial indirect holdings remain.

The transaction reported is a disposal of 284 shares on 09/05/2025 under code G, with a post-transaction direct beneficial ownership of 592,304 shares including 10,146 restricted shares. The filing clarifies indirect interests including a GRAT of 125,289 shares (for beneficiaries, with substitution power retained by the reporting person), and LLC holdings managed by a third party. The scale of the disposed shares is minor relative to the reported direct and indirect holdings disclosed in the form.

Corporate Governance Expert

TL;DR: Routine insider disclosure; structure shows estate planning and third-party-managed holdings.

The filing documents both direct and indirect ownership vehicles: a grantor retained annuity trust (GRAT) holding shares for children, spouse holdings, a 401(k) allocation, and LLC holdings managed externally. These ownership structures are explicitly disclosed, and the small sale reported does not change the described ownership arrangements. The form is executed by an attorney-in-fact and includes an explanatory note about restricted shares.

Insider Trade Summary

284 shares gifted

Mixed 4 txns

Insider BROUGHTON THOMAS A

Role Chairman, President, & CEO

Type	Security	Shares	Price	Value
Gift	Common Stock	284	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 592,304 shares (Direct); Common Stock — 125,289 shares (Indirect, Tab 2 LLC)

Footnotes (1)

1. Shares are held by a GRAT for the benefit of Mr. Broughton's children, for which Mr. Broughton retains the power of substitution. Does not include 190,000 shares held by TAB2, LLC and 300,000 shares held by TAB3, LLC, which are managed by a third party manager. Includes 10,146 shares of restricted stock.

Form 4 Insider Transactions: What Each Field Means →

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^*

BROUGHTON THOMAS A

(Last) (First) (Middle)

4229 OLD BROOK TRAIL

(Street)

BIRMINGHAM AL 35243

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	Chairman, President, & CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/05/2025		G		284	D	$0	592,304(3)	D
Common Stock								125,289(1)(2)	I	Tab 2 LLC
Common Stock								55,138	I	By Wife
Common Stock								2,775	I	By 401 (K) Plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares are held by a GRAT for the benefit of Mr. Broughton's children, for which Mr. Broughton retains the power of substitution.

2. Does not include 190,000 shares held by TAB2, LLC and 300,000 shares held by TAB3, LLC, which are managed by a third party manager.

3. Includes 10,146 shares of restricted stock.

	/s/ Davis S. Mange, Attorney-In-Fact	09/09/2025
	** 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.

FAQ

What insider transaction did Thomas A. Broughton report on Form 4 for SFBS?

He reported a sale of 284 shares of ServisFirst Bancshares common stock on 09/05/2025 (transaction code G).

How many shares does Thomas A. Broughton beneficially own after the reported transaction?

592,304 shares are reported as beneficially owned following the transaction, which includes 10,146 restricted shares.

What indirect ownership interests are disclosed for the reporting person in the SFBS Form 4?

The filing discloses 125,289 shares held in a GRAT for his children (with substitution power retained), 55,138 shares held by TAB2 LLC, 2,775 shares held by his spouse, and shares in a 401(k) plan.

Are there additional company-related LLC holdings mentioned in the filing?

Yes. The filing states TAB2, LLC holds 190,000 shares and TAB3, LLC holds 300,000 shares, which are managed by a third-party manager and are noted as not included in the GRAT count.

Who signed the Form 4 and when was it executed?

The form was executed by Davis S. Mange, Attorney-In-Fact on 09/09/2025.