Director at Southern First (SFST) awarded 310 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ELLEFSON ANNE S reported acquisition or exercise transactions in this Form 4 filing.
Southern First Bancshares Inc. director Anne S. Ellefson reported a grant of 310 shares of Common Stock as a compensation award. The shares were granted at a price of $0.00 per share and represent restricted stock units that will fully vest on June 1, 2027.
Following this award, Ellefson directly holds 7,007 shares of Southern First Bancshares Common Stock. The filing reflects a routine equity-based compensation grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ELLEFSON ANNE S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 310 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,007 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 310 shares
Grant price: $0.00 per share
Post-transaction holdings: 7,007 shares
+2 more
5 metrics
Shares granted
310 shares
Restricted stock unit award to director Anne S. Ellefson
Grant price
$0.00 per share
Compensation-related equity award, not an open-market purchase
Post-transaction holdings
7,007 shares
Ellefson’s direct ownership after the grant
Vesting date
June 1, 2027
Restricted stock units will fully vest on this date
Transaction direction
Acquire
Grant/award acquisition coded as “A” on Form 4
Key Terms
restricted stock units, vest, Form 4, grant, award, or other acquisition
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.
vest financial
"restricted stock units which will fully vest on June 1, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""