Southern First (SFST) director awarded 310-share grant and reports 4,195 total holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grayson-Caprio Terry reported acquisition or exercise transactions in this Form 4 filing.
Southern First Bancshares director Terry Grayson-Caprio reported new equity compensation and current holdings. The filing shows a grant of 310 shares of Common Stock at $0.0000 per share, described in a footnote as restricted stock units that will fully vest on June 1, 2027. After this award, Grayson-Caprio directly owns 2,795 shares of Common Stock. The filing also reports 1,400 shares of Common Stock held indirectly through a spouse, reflecting additional beneficial ownership. These are compensation-related and holding entries rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Grayson-Caprio Terry
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 310 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,795 shares (Direct, null);
Common Stock — 1,400 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 310 shares
Direct holdings after grant: 2,795 shares
Indirect holdings by spouse: 1,400 shares
+2 more
5 metrics
Equity grant
310 shares
Restricted stock unit award vesting June 1, 2027
Direct holdings after grant
2,795 shares
Common Stock directly owned by Terry Grayson-Caprio
Indirect holdings by spouse
1,400 shares
Common Stock held indirectly through spouse
Grant price per share
$0.0000 per share
Equity compensation, not an open-market purchase
Vesting date
June 1, 2027
Restricted stock units fully vest on this date
Key Terms
restricted stock units, grant, award, or other acquisition, indirect ownership, Common Stock
4 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership": "By Spouse""
Common Stock financial
""security_title": "Common Stock""
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.
FAQ
What insider transaction did Southern First (SFST) report for Terry Grayson-Caprio?
Southern First reported a compensation-related equity grant to director Terry Grayson-Caprio. The Form 4 shows an award of 310 shares of Common Stock, characterized as restricted stock units, rather than an open-market purchase or sale of shares.
When do Terry Grayson-Caprio’s new Southern First (SFST) restricted stock units vest?
The restricted stock units granted to Terry Grayson-Caprio fully vest on June 1, 2027. This vesting schedule ties the equity award to continued service over time, aligning the director’s compensation with longer-term company performance and governance involvement.
Does the Form 4 show any indirect Southern First (SFST) holdings for Terry Grayson-Caprio?
Yes. The Form 4 reports 1,400 shares of Common Stock as indirectly owned by Terry Grayson-Caprio through a spouse. This indirect position is separate from the director’s 2,795 directly owned shares disclosed in the same filing.
Were there any open-market buys or sells by Terry Grayson-Caprio in this Southern First (SFST) filing?
No open-market buys or sells are reported in this Form 4. The main transaction is a 310-share equity grant classified as a grant, award, or other acquisition, with remaining entries reflecting current holdings rather than market trades.