Southern First director sells 8,044.66 shares
A Southern First Bancshares director sold 8,044.66 SFST shares but retained sizable direct and retirement-account holdings.
Rhea-AI Filing Summary
SOUTHERN FIRST BANCSHARES INC (SFST) director James B. Orders III reported selling 8,044.66 shares of common stock on September 18, 2026 at $62.05 per share in an open-market or private transaction. After this sale he holds 46,481.34 shares directly, plus indirect holdings of 2,884 shares in an IRA and 392 shares in his wife's IRA, while trust and minor-child trustee accounts show zero shares. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,044.66 shares
Net Sell
5 txns
Insider
ORDERS JAMES B III
Role
Director
Sold
8,044.66 shs ($499K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,044.66 | $62.05 | $499K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 46,481.34 shares (Direct);
Common Stock — 0 shares (Indirect, Beneficiary of trust);
Common Stock — 2,884 shares (Indirect, Purchased by IRA);
Common Stock — 0 shares (Indirect, Trustee for minor child);
Common Stock — 392 shares (Indirect, Wife's IRA)
Key Figures
Shares sold: 8,044.66 shares
Sale price per share: $62.05 per share
Direct holdings after transaction: 46,481.34 shares
+3 more
6 metrics
Shares sold
8,044.66 shares
Common stock sale reported for September 18, 2026
Sale price per share
$62.05 per share
Price for the 8,044.66-share sale on September 18, 2026
Direct holdings after transaction
46,481.34 shares
Directly owned SFST common stock after the reported sale
IRA holdings after transaction
2,884 shares
Indirect holdings described as Purchased by IRA
Wife's IRA holdings after transaction
392 shares
Indirect holdings described as Wife's IRA
Net shares sold
8,044.66 shares
Net buy/sell shares across reported non-derivative transactions
Key Terms
open-market or private transaction, direct ownership, indirect ownership, Rule 10b5-1 trading plan, +1 more
5 terms
open-market or private transaction financial
"Sale in an open-market or private transaction on September 18, 2026"
direct ownership financial
"Holds 46,481.34 shares in direct ownership after the sale"
indirect ownership financial
"Indirect ownership includes IRA and wife's IRA positions"
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
IRA financial
"Indirect holdings include shares Purchased by IRA and in Wife's IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SFST director James B. Orders III report?
He reported a sale of 8,044.66 shares of Southern First Bancshares common stock on September 18, 2026 in an open-market or private transaction at $62.05 per share, according to the Form 4 filing.
What indirect SFST holdings are reported for James B. Orders III?
Indirectly, he is shown with 2,884 shares held in an IRA and 392 shares held in his wife's IRA. Trust and minor-child trustee accounts are reported with 0 shares after the transaction date.
Was the SFST insider sale made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, so these transactions are not reported as being made under a Rule 10b5-1 trading plan.
What was the reported sale price for the SFST insider transaction?
The reported transaction price was $62.05 per share for the sale of 8,044.66 Southern First Bancshares common shares on September 18, 2026, with the price stated on a per-share basis.
AI-generated analysis. How Rhea-AI works. Not financial advice.
