ServisFirst Bancshares (SFBS) director sells 11,500 shares of stock
Rhea-AI Filing Summary
ServisFirst Bancshares director J. Richard Cashio sold 11,500 shares of common stock on July 31, 2026 at a weighted average price of $89.43 per share, in trades ranging from $89.40 to $89.55. After the sale he holds 387,113 shares directly, including 788 restricted stock awards that vest 100% one year from May 18, 2026, and also reports indirect holdings of 98,700 shares held by his wife and 28,752 shares held by his daughter.
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Insights
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Insider Trade Summary
Net Seller: 11,500 shares
Net Sell
3 txns
Insider
Cashio J. Richard
Role
Director
Sold
11,500 shs ($1.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 11,500 | $89.43 | $1.03M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 387,113 shares (Direct);
Common Stock — 98,700 shares (Indirect, By Wife);
Common Stock — 28,752 shares (Indirect, By Daughter)
Footnotes (2)
- F1. The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions ranging in price from $89.40 to $89.55, 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.
- F2. Includes 788 restricted stock awards which vest 100% one year from the award date, May 18, 2026.
Key Figures
Shares sold: 11,500 shares
Weighted average sale price: $89.43 per share
Sale price range: $89.40–$89.55 per share
+4 more
7 metrics
Shares sold
11,500 shares
Common Stock sale by director J. Richard Cashio on July 31, 2026
Weighted average sale price
$89.43 per share
Weighted average price for the 11,500 shares sold
Sale price range
$89.40–$89.55 per share
Range of individual trade prices in the reported sale
Direct holdings after sale
387,113 shares
Common Stock directly owned by J. Richard Cashio after the transaction
Indirect holdings by wife
98,700 shares
Common Stock indirectly owned, nature of ownership reported as "By Wife"
Indirect holdings by daughter
28,752 shares
Common Stock indirectly owned, nature of ownership reported as "By Daughter"
Restricted stock awards
788 shares
Restricted stock awards that vest 100% one year from the award date, May 18, 2026
Key Terms
weighted average price, restricted stock awards, indirect ownership
3 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 788 restricted stock awards which vest 100% one year from the award date."
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.
indirect ownership financial
"Common Stock holding reported as indirect ownership with nature "By Wife" and "By Daughter"."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What restricted stock awards are included in J. Richard Cashio’s ServisFirst (SFBS) holdings?
His direct holdings include 788 restricted stock awards. A footnote states these awards vest 100% one year from the award date, May 18, 2026, meaning they convert fully into vested shares on the first anniversary of that grant date.