STOCK TITAN

Southern First Bancshares (SFST) director receives 310-share restricted stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cluverius Jennifer S reported acquisition or exercise transactions in this Form 4 filing.

Southern First Bancshares director Jennifer S. Cluverius received a grant of 310 shares of common stock as an equity award. The shares are in the form of restricted stock units that will fully vest on June 1, 2027. Following this grant, she directly holds 795 shares of Southern First Bancshares common stock. This is a routine compensation-related award rather than an open-market purchase or sale.

Positive

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Insider Cluverius Jennifer S
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)
  1. [object Object]
Equity award size 310 shares Grant of restricted stock units to director on June 1, 2026
Post-grant holdings 795 shares Total common stock directly held after the transaction
Grant price $0.0000 per share Equity award granted at no cash cost to the director
Vesting date June 1, 2027 Restricted stock units fully vest on this date
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.
Form 4 regulatory
"The Form 4 recorded an acquisition coded as a grant or award of 310 restricted stock units."
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.
grant, award, or other acquisition regulatory
"Transaction code “A” indicates a grant, award, or other acquisition."
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SEC Form 4
FORM 4UNITED 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*
Cluverius Jennifer S

(Last)(First)(Middle)
6 VERDAE BOULEVARD

(Street)
GREENVILLE SOUTH CAROLINA 29607

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A310(1)A$0795D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents grant of restricted stock units which will fully vest on June 1, 2027.
Jennifer S. Cluverius /s/Julie A. Fairchild, POA06/02/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Southern First Bancshares (SFST) report for Jennifer S. Cluverius?

Southern First Bancshares reported that director Jennifer S. Cluverius received a grant of 310 shares of common stock. The award is in the form of restricted stock units that vest fully on June 1, 2027, and is classified as a compensation-related acquisition.

How many Southern First Bancshares (SFST) shares does Jennifer S. Cluverius hold after this Form 4 grant?

After the reported grant, Jennifer S. Cluverius directly holds 795 shares of Southern First Bancshares common stock. This total includes the 310-share equity award reported in the Form 4, which was granted as restricted stock units vesting in 2027.

Was the Southern First Bancshares (SFST) Form 4 a stock purchase or sale by Jennifer S. Cluverius?

The Form 4 did not report an open-market stock purchase or sale by Jennifer S. Cluverius. Instead, it recorded an acquisition coded as a grant or award of 310 restricted stock units, provided as part of compensation, with no price paid per share in the transaction.

When will Jennifer S. Cluverius’s restricted stock units in Southern First Bancshares (SFST) vest?

The restricted stock units granted to Jennifer S. Cluverius will fully vest on June 1, 2027. Until that vesting date, the 310-share award remains subject to the stated vesting schedule, as disclosed in the Form 4 footnote describing the equity grant terms.

What does transaction code “A” mean in the Southern First Bancshares (SFST) Form 4 for Jennifer S. Cluverius?

Transaction code “A” on the Form 4 for Jennifer S. Cluverius indicates a grant, award, or other acquisition. In this case, it reflects a compensation-related grant of 310 restricted stock units of Southern First Bancshares common stock, not an open-market transaction.