Southern First Bancshares (NASDAQ: SFST) CAO exercises options, sells stock
Rhea-AI Filing Summary
Southern First Bancshares’ chief accounting officer, Julie Ann Fairchild, exercised 1,500 stock options for common stock on August 4, 2026 at an exercise price of $35.65 per share from an award expiring January 17, 2027, leaving no options from that grant outstanding.
On August 3, 2026 she sold 1,500 shares of Southern First Bancshares common stock at $63.00 per share. After this sale, she directly owned 5,200 shares of SFST common stock. The Rule 10b5-1 checkbox was left unchecked.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
2 txns
Insider
Fairchild Julie Ann
Role
Chief Accounting Officer
Sold
1,500 shs ($95K)
Approx. gross sale proceeds
$95K
Approx. exercise cost
$53K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 1,500 | $0.00 | $0.00 |
| Sale | Common Stock | 1,500 | $63.00 | $95K |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 shares (Direct);
Common Stock — 5,200 shares (Direct)
Key Figures
Shares sold: 1,500 shares
Sale price: $63.00 per share
Options exercised: 1,500 options
+3 more
6 metrics
Shares sold
1,500 shares
Common stock sale on 2026-08-03 at $63.00 per share
Sale price
$63.00 per share
Price for 1,500 SFST common shares sold on 2026-08-03
Options exercised
1,500 options
Stock options exercised on 2026-08-04 at $35.65 per share
Exercise price
$35.65 per share
Conversion or exercise price of stock options expiring 2027-01-17
Post-transaction holdings
5,200 shares
Directly owned SFST common shares after the 2026-08-03 sale
Option expiration date
2027-01-17
Expiration date of the exercised stock options
Key Terms
Stock Options (Right to Buy), derivative security, open market or private transaction
3 terms
Stock Options (Right to Buy) financial
"Security title reported as Stock Options (Right to Buy) for the derivative entry"
derivative security financial
"Transaction code M described as exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
open market or private transaction financial
"Transaction code S labeled as Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SFST’s chief accounting officer report?
Julie Ann Fairchild reported exercising 1,500 stock options at $35.65 per share and selling 1,500 Southern First Bancshares common shares at $63.00. After these transactions, she directly owned 5,200 SFST common shares.
What stock options did the SFST insider exercise and at what price?
Julie Ann Fairchild exercised 1,500 stock options for Southern First Bancshares common stock at an exercise price of $35.65 per share. These options were from a grant with an expiration date of January 17, 2027 and are now fully exercised.
Were the SFST insider transactions under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox for this SFST Form 4 was left unchecked, indicating the transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan, based on the form’s document-level representation.
What key dates are associated with the SFST insider’s option exercise?
The stock options were originally granted with an exercise date of January 17, 2018 and an expiration date of January 17, 2027. They were exercised on August 4, 2026 for 1,500 shares of Southern First Bancshares common stock.