Southern First Bancshares CCO Wilbanks details initial SFST equity

Rhea-AI Filing Summary

Southern First Bancshares, Inc. (SFST) filed an initial ownership report for executive Wesley C. Wilbanks, who serves as Chief Credit Officer. As of the event date, he beneficially owns multiple blocks of common stock, including restricted stock awards and restricted stock units granted under the Southern First Bancshares, Inc. 2020 Equity Incentive Plan. The restricted stock units issued on February 1, 2025 vest in equal installments over four years, aligning a portion of his compensation with the long-term performance of the company’s shares.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Wilbanks Wesley Clark

(Last) (First) (Middle)

6 VERDAE BOULEVARD

(Street)

GREENVILLE SC 29607

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/18/2025

3. Issuer Name and Ticker or Trading Symbol
SOUTHERN FIRST BANCSHARES INC [ SFST ]

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

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

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)	1,312	D
Common Stock(2)	1,000	D
Common Stock	2,384	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock awards issued on various dates under the Southern First Bancshares, Inc. 2020 Equity Incentive Plan.

2. Restricted stock units issued on February 1, 2025 under the Southern First Bancshares, Inc. 2020 Equity Incentive Plan. The restricted stock vests equally over four years.

	Wesley C. Wilbanks, /s/Julie A. Fairchild	11/18/2025
	** 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 5 (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).
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FAQ

What did Southern First Bancshares (SFST) disclose about Wesley C. Wilbanks in this filing?

The company disclosed an initial statement of beneficial ownership for Wesley C. Wilbanks, showing his holdings of Southern First Bancshares, Inc. common stock as an officer of the company.

What is Wesley C. Wilbanks’ role at Southern First Bancshares (SFST)?

Wesley C. Wilbanks is identified as an officer of Southern First Bancshares, Inc., serving as the company’s Chief Credit Officer.

How many Southern First Bancshares (SFST) common shares does Wesley C. Wilbanks beneficially own?

The filing lists several direct holdings of common stock, including positions of 1,312 shares, 1,000 shares, and 2,384 shares, all reported as directly owned.

What equity incentive plan is referenced in the SFST filing for Wesley C. Wilbanks?

The filing states that restricted stock awards and restricted stock units were issued under the Southern First Bancshares, Inc. 2020 Equity Incentive Plan.

How do the restricted stock units for Wesley C. Wilbanks at SFST vest?

The restricted stock units issued on February 1, 2025 under the Southern First Bancshares, Inc. 2020 Equity Incentive Plan vest equally over four years.

Are Wesley C. Wilbanks’ SFST common stock holdings direct or indirect?

The reported positions of 1,312 shares, 1,000 shares, and 2,384 shares of Southern First Bancshares common stock are all indicated as direct (D) ownership.