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ServisFirst (NASDAQ: SFBS) director exercises 8,000 stock options

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ServisFirst Bancshares director Irma Loya Tuder exercised stock options to acquire 8,000 shares of common stock at $35.65 per share. The options were priced at $35.65 and converted into 8,000 shares of common stock on the same date.

After the transactions, she holds 13,348 shares directly, which include 784 restricted shares scheduled to vest on 05/19/2026. She is also trustee for the Jackie Ray Tuder 2012 Irrevocable Trust holding 14,586 shares and has indirect ownership in 43,215 shares held by Tuder Family LLC, with beneficial ownership in the trust disclaimed except for her pecuniary interest.

Positive

  • None.

Negative

  • None.
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*
TUDER IRMA LOYA

(Last) (First) (Middle)
116 CLIFTS COVE

(Street)
MADISON AL 35758

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
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 03/12/2026 M 8,000 A $35.65 13,348(1) D
Common Stock 14,586 I Jackie Ray Tuder 2012 Irrevocable Trust(2)
Common Stock 43,215 I Tuder Family LLC
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
Stock Option (Right to Buy) $35.65 03/12/2026 M 8,000 10/15/2023 10/15/2028 Common Stock 25,000 $35.65 17,000 D
Explanation of Responses:
1. Includes 784 shares of restricted stock awards that vest on 05/19/2026.
2. The reporting person is trustee of the Jackie Ray Tuder 2012 Irrevocable Trust. Members of the reporting person's immediate family are among the beneficiaries of the trust. The reporting person disclaims beneficial ownership of the SFBS common stock held by the trust except to the extent of her pecuniary interest therein.
/s/ Davis S. Mange, Attorney-In-Fact 03/13/2026
** 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.

FAQ

What insider transaction did Irma Loya Tuder report at ServisFirst (SFBS)?

Irma Loya Tuder reported exercising stock options to acquire 8,000 shares of ServisFirst Bancshares common stock. The options were exercised at $35.65 per share, converting a derivative position into directly owned shares rather than an open-market purchase or sale.

At what price were the ServisFirst (SFBS) options exercised by director Irma Loya Tuder?

The options were exercised at $35.65 per share. This means 8,000 stock options with a right-to-buy price of $35.65 were converted into 8,000 ServisFirst Bancshares common shares in a routine derivative exercise transaction.

How many ServisFirst (SFBS) shares does Irma Loya Tuder hold directly after the transaction?

Following the option exercise, Irma Loya Tuder directly holds 13,348 shares of ServisFirst Bancshares common stock. This direct position includes 784 restricted stock awards that are scheduled to vest on 05/19/2026, increasing her fully vested direct stake at that time.

What indirect ServisFirst (SFBS) holdings are associated with Irma Loya Tuder?

Indirectly, 14,586 shares are held by the Jackie Ray Tuder 2012 Irrevocable Trust, where she is trustee, and 43,215 shares are held by Tuder Family LLC. She disclaims beneficial ownership of the trust shares except to the extent of her pecuniary interest.

What does the footnote about ServisFirst (SFBS) restricted stock explain?

The footnote explains that 784 of Irma Loya Tuder’s directly held ServisFirst Bancshares shares are restricted stock awards. These restricted shares are scheduled to vest on 05/19/2026, at which point they become fully transferable like other common shares, subject to any applicable policies.

Did Irma Loya Tuder sell any ServisFirst (SFBS) shares in this Form 4 filing?

No sales were reported in this Form 4. The filing shows an option exercise coded “M,” where 8,000 stock options were converted into 8,000 common shares. There are no open-market sale transactions or tax-withholding dispositions disclosed in the provided data.
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