Director at Southern First (NASDAQ: SFST) receives 310-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goss Darrin Sr. reported acquisition or exercise transactions in this Form 4 filing.
Southern First Bancshares director Darrin Goss Sr. reported a compensation-related equity grant. On June 1, 2026, he received 310 shares of Common Stock in the form of restricted stock units, granted at no cash cost. These restricted stock units will fully vest on June 1, 2027. Following this award, he directly holds 795 shares of the company’s common stock. This filing reflects an equity grant to a director rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goss Darrin Sr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 310 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 795 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 310 shares
Holdings after grant: 795 shares
Vesting date: June 1, 2027
3 metrics
RSU grant size
310 shares
Restricted stock units of Common Stock granted June 1, 2026
Holdings after grant
795 shares
Total Common Stock directly held following the award
Vesting date
June 1, 2027
Date when the 310 restricted stock units fully vest
Key Terms
restricted stock units, Common Stock, Form 4
3 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.
Common Stock financial
"security_title: "Common Stock" in the reported transaction details."
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) summary for Southern First Bancshares."
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.
FAQ
What insider transaction did Southern First (SFST) report for Darrin Goss Sr.?
Southern First reported a Form 4 for director Darrin Goss Sr. showing an equity grant of 310 shares of Common Stock as restricted stock units. The grant was made at no cash cost as part of his director compensation.
Was the Southern First (SFST) Form 4 a stock purchase or sale?
The Form 4 does not show a market purchase or sale. It reports a grant of 310 restricted stock units of Common Stock to director Darrin Goss Sr., a compensation-related award rather than an open-market trade involving cash.
When do Darrin Goss Sr.’s Southern First (SFST) restricted stock units vest?
The 310 restricted stock units granted to director Darrin Goss Sr. will fully vest on June 1, 2027. Vesting means the units convert into unrestricted shares, completing the compensation award if he meets the applicable service conditions.
What does transaction code "A" mean in the Southern First (SFST) Form 4?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition, not an open-market trade. In this case, it represents Southern First granting 310 restricted stock units of Common Stock to director Darrin Goss Sr. as compensation.