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Southern First director plans sale of 8,045 shares

Director James B. Orders III filed a Rule 144 notice to sell 8,045 SFST shares valued at about $494,000.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

SOUTHERN FIRST BANCSHARES INC (SFST) director James B. Orders III filed a notice under Rule 144 to sell up to 8,045 shares of common stock through Wells Fargo Clearing Services. The shares were acquired by inheritance from Elizabeth Orders on December 14, 2021. The filing lists an approximate sale date of September 18, 2026, an aggregate market value of $494,162.16, and 9,471,755 shares of common stock outstanding as context.

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Shares to be sold 8,045 shares Common stock covered by the Rule 144 notice
Aggregate market value of shares to be sold $494,162.16 Value of 8,045 SFST common shares in the planned Rule 144 sale
Shares of common stock outstanding 9,471,755 shares Outstanding SFST common shares listed for context in the Form 144
Date shares were acquired December 14, 2021 Acquisition date of 8,045 shares received by inheritance
Approximate date of sale September 18, 2026 Approximate date for the proposed Rule 144 sale
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
inheritance financial
"Common | 12/14/2021 | Inheritance | Elizabeth Orders"
Inheritance is the transfer of money, property or investments to someone after a person dies, like handing a family recipe or toolbox from one generation to the next. For investors it matters because inherited assets can change who controls shares, affect the size and composition of a portfolio, trigger taxes or fees, and create opportunities or pressures to sell or consolidate holdings, all of which can influence financial outcomes.
Nasdaq market
"| 9471755 | 09/18/2026 | Nasdaq"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did SOUTHERN FIRST BANCSHARES INC (SFST) disclose in this Form 144?

The filing reports that director James B. Orders III plans to sell up to 8,045 shares of SFST common stock under Rule 144, using Wells Fargo Clearing Services as broker, with an approximate sale date of September 18, 2026.

How many SOUTHERN FIRST BANCSHARES INC (SFST) shares are planned to be sold?

The notice covers a proposed sale of 8,045 shares of SFST common stock. This figure appears both in the securities information section and the securities-to-be-sold section of the Form 144.

What is the aggregate market value of the SFST shares in this Form 144?

The Form 144 lists an aggregate market value of $494,162.16 for the 8,045 SFST common shares covered by the planned Rule 144 sale.

When were the SFST shares to be sold by James B. Orders III originally acquired?

The filing states the 8,045 SFST shares were acquired on December 14, 2021 by inheritance from Elizabeth Orders.

How many SOUTHERN FIRST BANCSHARES INC (SFST) shares are outstanding, according to the Form 144?

The Form 144 notes 9,471,755 shares of SFST common stock outstanding, providing context for the size of the proposed 8,045-share sale.

Which broker and exchange are associated with this SFST Rule 144 sale?

The filing identifies Wells Fargo Clearing Services as the broker for the planned sale, and lists Nasdaq as the securities exchange for SOUTHERN FIRST BANCSHARES INC common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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