STOCK TITAN

Southern First Bancshares (SFST) director reports open-market share sale

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

Rhea-AI Filing Summary

Southern First Bancshares director Cubbage sells shares

Director Leighton M. Cubbage reported an open-market sale of 765 shares of Southern First Bancshares, Inc. common stock at $60.60 per share on June 10, 2026. Following this transaction, his directly held position reported in this filing is 50,715 common shares.

Positive

  • None.

Negative

  • None.

Insights

Director sold a small portion of holdings in a routine open-market trade.

Director Leighton M. Cubbage completed an open-market sale of 765 shares of Southern First Bancshares common stock at $60.60 per share. The transaction is coded as an "S" sale and classified as a non-derivative equity trade.

After the sale, the filing shows Cubbage directly holding 50,715 common shares. Relative to these reported holdings, the transaction represents a minor reduction rather than a large position change. No derivative exercises, gifts, or tax-withholding events appear in this Form 4.

Insider CUBBAGE LEIGHTON M
Role null
Sold 765 shs ($46K)
Type Security Shares Price Value
Sale Common Stock 765 $60.60 $46K
Holdings After Transaction: Common Stock — 50,715 shares (Direct, null)
Footnotes (1)
Shares sold 765 shares Open-market sale of common stock on June 10, 2026
Sale price $60.60 per share Price for the 765 common shares sold
Shares held after sale 50,715 shares Director’s directly held common stock after the transaction
Transaction code S Sale in open market or private transaction
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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.
transaction code "S" regulatory
""transaction_code": "S""
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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*
CUBBAGE LEIGHTON M

(Last)(First)(Middle)
P.O. BOX 17465

(Street)
GREENVILLE SOUTH CAROLINA 29606

(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)
06/10/2026
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 Stock06/10/2026S765D$60.650,715D
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:
Leighton M. Cubbage /s/Julie A. Fairchild, POA06/12/2026
** 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 Leighton M. Cubbage?

Director Leighton M. Cubbage reported an open-market sale of 765 shares of Southern First Bancshares common stock. The shares were sold at a price of $60.60 per share, according to this Form 4 filing.

At what price were the Southern First Bancshares (SFST) shares sold in this Form 4?

The reported sale of Southern First Bancshares common stock was executed at $60.60 per share. This price applies to the 765 shares sold in the open-market transaction disclosed in the Form 4.

How many Southern First Bancshares (SFST) shares does Leighton M. Cubbage hold after the sale?

Following the reported transaction, Leighton M. Cubbage directly holds 50,715 shares of Southern First Bancshares common stock. This post-transaction holding is disclosed in the Form 4 as the total number of shares owned after the sale.

Is the Southern First Bancshares (SFST) Form 4 transaction a buy or a sell?

The Form 4 reports a sale of Southern First Bancshares common stock. The transaction is coded "S" and described as an open-market sale of 765 shares at $60.60 per share by director Leighton M. Cubbage.

Does the Southern First Bancshares (SFST) Form 4 include any option exercises or derivative trades?

This Form 4 does not report any option exercises or other derivative transactions. It shows only a single non-derivative open-market sale of 765 common shares, with derivativeSummary listed as empty in the filing data.