Seacoast Banking (SBCF) CEO granted 15,503 restricted shares in equity award
Rhea-AI Filing Summary
Seacoast Banking Corp of Florida reported that Chairman, President & CEO Charles M. Shaffer received an equity grant of 15,503 shares of Common Stock on April 15, 2026 at $0.00 per share as a grant, award, or other acquisition.
Footnotes describe these as unvested time-based restricted stock units granted under the company’s Amended and Restated 2013 Incentive Plan, vesting over three years in one-third increments beginning April 1, 2027, subject to continued employment and certain capital requirements. The filing also lists unvested restricted stock awards, Employee Stock Purchase Plan shares, and Retirement Savings Plan share equivalents, as well as outstanding stock rights to buy additional common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,503 shares
Net Buy
8 txns
Insider
Shaffer Charles M
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,503 | $0.00 | $0.00 |
| holding | Common Stock Right to Buy | -- | -- | -- |
| holding | Common Stock Right to Buy | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 239,086.4018 shares (Direct);
Common Stock Right to Buy — 47,496 shares (Direct)
Footnotes (7)
- F1. Represents unvested time based restricted stock units granted on April 15, 2026, which vests over 3 years in one-third increments, beginning April 1, 2027, 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
- F4. Shares in the Company's Employee Stock Purchase Plan, as of March 31, 2026
- F5. Share equivalents held in Company's Retirement Savings Plan as of March 31, 2026
- F6. Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan
- F7. Vests over 3 years in one-third increments each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continuous employment on each vesting date and the Company's banking subsidiary meets certain capital requirements
Key Figures
Equity grant size: 15,503 shares
Grant price: $0.00 per share
Post-award direct holding: 15,503 shares
+4 more
7 metrics
Equity grant size
15,503 shares
Common Stock award on April 15, 2026
Grant price
$0.00 per share
Reported price for 15,503-share award
Post-award direct holding
15,503 shares
Total shares following grant transaction
Option exercise price 1
$28.69 per share
Common Stock Right to Buy expiring April 1, 2027
Underlying shares 1
28,544 shares
Underlying Common Stock for $28.69 rights
Option exercise price 2
$31.15 per share
Common Stock Right to Buy expiring April 1, 2028
Underlying shares 2
18,952 shares
Underlying Common Stock for $31.15 rights
Key Terms
restricted stock units, time-based restricted stock award, Employee Stock Purchase Plan, Retirement Savings Plan, +1 more
5 terms
restricted stock units financial
"Represents unvested time based restricted stock units granted on April 15, 2026"
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.
time-based restricted stock award financial
"Represents an unvested time-based restricted stock award granted on April 1, 2024"
Employee Stock Purchase Plan financial
"Shares in the Company's Employee Stock Purchase Plan, as of March 31, 2026"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Retirement Savings Plan financial
"Share equivalents held in Company's Retirement Savings Plan as of March 31, 2026"
Amended and Restated 2013 Incentive Plan financial
"Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Seacoast Banking (SBCF) CEO Charles Shaffer report in this Form 4?
Charles M. Shaffer reported receiving a grant of 15,503 Seacoast Banking common shares. The award was recorded at $0.00 per share as equity compensation, not an open-market purchase, and increases his directly reported holdings in the company.
What is the vesting schedule for the new Seacoast Banking (SBCF) stock award?
The filing notes these are time-based restricted stock units vesting over three years. Vesting occurs in one-third increments beginning April 1, 2027, and on each anniversary, contingent on continued employment and certain capital requirements at the banking subsidiary.
Under which plan was the Seacoast Banking (SBCF) CEO’s stock grant made?
The award was granted under Seacoast Banking’s Amended and Restated 2013 Incentive Plan. This plan provides equity-based compensation, including restricted stock units, designed to align executive interests with shareholders through multi-year vesting and performance-related conditions.