Tax withholding trims Seacoast (SBCF) EVP Austen Carroll’s share stake
Rhea-AI Filing Summary
SEACOAST BANKING CORP OF FLORIDA executive Austen Carroll, EVP and Chief Lending Officer, reported share dispositions used to cover tax obligations tied to equity compensation. On April 1, 2026, Carroll had a total of 2,011 common shares withheld at $30.58 per share to pay exercise price or tax liabilities, classified as tax-withholding dispositions rather than open-market sales.
Following these transactions, Carroll directly held 49,567 shares of Seacoast common stock. Footnotes indicate multiple unvested time-based restricted stock awards granted in 2023, 2024, and 2025, each scheduled to vest in one-third annual increments over three years, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,011 shares
Net Sell
4 txns
Insider
Carroll Austen
Role
EVP, Chief Lending Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 342 | $30.58 | $10K |
| Exercise Price or Tax Liability | Common Stock | 1,286 | $30.58 | $39K |
| Exercise Price or Tax Liability | Common Stock | 383 | $30.58 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,016 shares (Direct)
Footnotes (3)
- F1. Represents an unvested time-based restricted stock award granted on April 1 2023, which shall vest over 3 years in one-third increments, beginning April 1, 2024, and on each anniversary thereafter, subject to continued employment.
- F2. Represents an unvested time-based restricted stock award granted on April 1, 2024, which shall vest over 3 years in one-third increments, beginning April 1, 2025, and on each anniversary thereafter, subject to continued employment.
- F3. Represents an unvested time based restricted stock award grated on April 1, 2025, which vests over 3 years in one-third increments, beginning April 1, 2026, and on each anniversary thereafter subject to continued employment
Key Figures
Tax-withheld shares: 2,011 shares
Tax-withholding price: $30.58 per share
Post-transaction holdings: 49,567 shares
+4 more
7 metrics
Tax-withheld shares
2,011 shares
Common stock delivered for tax obligations on April 1, 2026
Tax-withholding price
$30.58 per share
Value used for code F dispositions in common stock
Post-transaction holdings
49,567 shares
Direct Seacoast common stock held after reported transactions
First withholding lot
342 shares
Common stock withheld for taxes at $30.58 per share
Second withholding lot
1,286 shares
Common stock withheld for taxes at $30.58 per share
Third withholding lot
383 shares
Common stock withheld for taxes at $30.58 per share
Tax-withholding transactions
3 transactions
Code F dispositions of common stock on April 1, 2026
Key Terms
tax-withholding disposition, restricted stock award, time-based restricted stock, vest over 3 years, +1 more
5 terms
tax-withholding disposition financial
"classified as tax-withholding dispositions rather than open-market sales"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock award financial
"Represents an unvested time-based restricted stock award granted on April 1 2023"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
time-based restricted stock financial
"Represents an unvested time-based restricted stock award granted on April 1, 2024"
Time-based restricted stock are company shares granted to employees or executives that become fully owned and transferable only after the recipient stays with the company for specified time periods. Think of it like receiving a wrapped gift that opens a little each year; the gradual unlocking helps keep employees motivated and tied to long-term performance. Investors watch these grants because they can dilute existing shares when they vest and signal how management is being rewarded and incentivized.
vest over 3 years financial
"which shall vest over 3 years in one-third increments"
subject to continued employment financial
"on each anniversary thereafter, subject to continued employment"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Seacoast Banking (SBCF) executive Austen Carroll report on this Form 4?
Austen Carroll reported share dispositions used to cover tax obligations on equity compensation. On April 1, 2026, 2,011 Seacoast common shares were withheld at $30.58 per share, classified as tax-withholding dispositions rather than open-market sales, reflecting routine compensation-related activity.
Were the Seacoast (SBCF) Form 4 transactions open-market sales by the EVP?
No. The Form 4 classifies these transactions with code F as tax-withholding dispositions. Shares were delivered to cover the exercise price or tax liabilities on equity awards, rather than being sold in open-market transactions initiated by the executive.
What restricted stock awards are disclosed for Seacoast (SBCF) executive Austen Carroll?
Footnotes describe time-based restricted stock awards granted in 2023, 2024, and 2025. Each grant vests in one-third increments over three years beginning one year after grant, and vesting is conditioned on continued employment with Seacoast Banking Corp of Florida.
Does this Seacoast (SBCF) Form 4 show any option exercises or derivative positions?
The disclosed summary shows no derivative exercises or remaining derivative positions. All reported transactions involve common stock, with code F indicating shares withheld for tax or exercise obligations, and the derivative position table is empty in this filing.