Southern First Bancshares (SFST) director receives 310-share restricted stock grant
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Equity award size: 310 shares
Post-grant holdings: 795 shares
Grant price: $0.0000 per share
+1 more
4 metrics
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
Key Terms
restricted stock units, Form 4, grant, award, or other acquisition
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.
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."