Director at Southern First (SFST) receives 310 restricted stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Lattimore Ray reported acquisition or exercise transactions in this Form 4 filing.

Southern First Bancshares director Ray Lattimore received a grant of 310 shares of Common Stock in the form of restricted stock units. The award was made on June 1, 2026 at a stated price of $0.00 per share as a compensation grant, not a market purchase.

These restricted stock units will fully vest on June 1, 2027, according to the footnote. After this grant, Lattimore directly holds a total of 1,380 shares of Southern First Bancshares Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lattimore Ray

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	310	$0.00	--

Holdings After Transaction: Common Stock — 1,380 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 310 shares Grant price: $0.00 per share Shares after transaction: 1,380 shares +1 more

4 metrics

RSU grant size 310 shares Restricted stock units granted on June 1, 2026

Grant price $0.00 per share Compensation-related award, not open-market purchase

Shares after transaction 1,380 shares Total Common Stock directly held following the grant

Vesting date June 1, 2027 Restricted stock units fully vest on this date

Key Terms

restricted stock units, Grant, award, or other acquisition, Form 4, Common Stock

4 terms

restricted stock units financial

"Represents grant of restricted stock units which will fully vest on June 1, 2027."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 03:37 PM

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^*

Lattimore Ray

(Last)

(First)

(Middle)

P.O. BOX 17465

(Street)

GREENVILLE

SOUTH CAROLINA

29606

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/01/2026		A		310⁽¹⁾	A	$0	1,380	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents grant of restricted stock units which will fully vest on June 1, 2027.

	Ray Lattimore /s/Julie A. Fairchild, POA	06/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Southern First (SFST) director Ray Lattimore report in this Form 4?

Ray Lattimore reported receiving 310 shares of Southern First Common Stock as a restricted stock unit grant. The award is a compensation-related acquisition at a stated price of $0.00 per share, rather than an open-market stock purchase.

How many Southern First (SFST) shares does Ray Lattimore hold after this grant?

After the grant, Ray Lattimore directly holds 1,380 shares of Southern First Common Stock. This total includes the newly awarded 310 restricted stock units reported in the Form 4, reflecting his updated direct ownership position in the company.

When do Ray Lattimore’s new Southern First (SFST) restricted stock units vest?

The 310 restricted stock units granted to Ray Lattimore will fully vest on June 1, 2027. Vesting means the units become non-forfeitable at that date, subject to any applicable service or other conditions described in the company’s compensation arrangements.

Was the Southern First (SFST) Form 4 transaction an open-market stock purchase?

No, the Form 4 reports a compensation grant, not an open-market purchase. The transaction is coded as a grant or award acquisition at a stated price of $0.00 per share, consistent with restricted stock unit awards to directors.

What transaction code is used in Ray Lattimore’s Southern First (SFST) Form 4?

The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition. This aligns with the award of 310 restricted stock units that will fully vest on June 1, 2027, as disclosed in the accompanying footnote.