Southern First Bancshares (SFST) CAO exercises 1,500 options and sells 1,500 shares
Rhea-AI Filing Summary
Southern First Bancshares Inc. Chief Accounting Officer Julie Ann Fairchild reported option and stock transactions involving 1,500 shares of common stock. She exercised 1,500 stock options with a $35.65 exercise price, corresponding to options originally exercisable on January 17, 2018 and expiring January 17, 2027, and received 1,500 shares. Separately, she reported a sale of 1,500 common shares at $63.00 per share in an open-market or private transaction. Following the option exercise, the reported option grant shows 0 derivative shares remaining in that specific award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Fairchild Julie Ann
Role
Chief Accounting Officer
Sold
1,500 shs ($95K)
Approx. gross sale proceeds
$95K
Approx. exercise cost
$53K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 1,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,500 | $35.65 | $53K |
| Sale | Common Stock | 1,500 | $63.00 | $95K |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 shares (Direct);
Common Stock — 6,700 shares (Direct)
Key Figures
Options exercised: 1,500 shares
Option exercise price: $35.65 per share
Shares sold: 1,500 shares
+3 more
6 metrics
Options exercised
1,500 shares
Stock options (right to buy) exercised by CAO at $35.65 per share
Option exercise price
$35.65 per share
Exercise price for 1,500 stock options exercisable 2018-01-17, expiring 2027-01-17
Shares sold
1,500 shares
Common stock sale coded S with price $63.00 per share
Sale price
$63.00 per share
Price for sale of 1,500 Southern First Bancshares common shares
Option grant expiration
2027-01-17
Expiration date of exercised stock options (right to buy)
Derivative shares remaining
0 shares
Total derivative shares following transaction for this option grant
Key Terms
Stock Options (Right to Buy), Exercise or conversion of derivative security, Sale in open market or private transaction
3 terms
Stock Options (Right to Buy) financial
"security_title: Stock Options (Right to Buy) reported as derivative security"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What did SFST executive Julie Ann Fairchild report in this Form 4/A?
Julie Ann Fairchild, Chief Accounting Officer of Southern First Bancshares (SFST), reported exercising 1,500 stock options at $35.65 and a separate sale of 1,500 common shares at $63.00 per share.
At what price did Julie Ann Fairchild sell SFST common stock?
She reported selling 1,500 shares of Southern First Bancshares common stock at $63.00 per share. The transaction code description states this was a sale in open market or private transaction on August 3, 2026.
Did Julie Ann Fairchild retain any options from this SFST grant after the transactions?
For the specific stock option grant reported, the filing shows 0 derivative shares remaining following the exercise of 1,500 options at an exercise price of $35.65 per share.
Were Julie Ann Fairchild’s SFST trades under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. There are also no bound footnotes indicating that these transactions were executed under a pre-arranged Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
