ServisFirst (NASDAQ: SFBS) director exercises 8,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ServisFirst Bancshares director Irma Loya Tuder exercised stock options to acquire 8,000 shares of common stock at $35.65 per share. The options were priced at $35.65 and converted into 8,000 shares of common stock on the same date.
After the transactions, she holds 13,348 shares directly, which include 784 restricted shares scheduled to vest on 05/19/2026. She is also trustee for the Jackie Ray Tuder 2012 Irrevocable Trust holding 14,586 shares and has indirect ownership in 43,215 shares held by Tuder Family LLC, with beneficial ownership in the trust disclaimed except for her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,000 shares exercised/converted
Mixed
4 txns
Insider
TUDER IRMA LOYA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 8,000 | $35.65 | $285K |
| Exercise | Common Stock | 8,000 | $35.65 | $285K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 17,000 shares (Direct);
Common Stock — 13,348 shares (Direct);
Common Stock — 14,586 shares (Indirect, Jackie Ray Tuder 2012 Irrevocable Trust)
Footnotes (1)
- Includes 784 shares of restricted stock awards that vest on 05/19/2026. The reporting person is trustee of the Jackie Ray Tuder 2012 Irrevocable Trust. Members of the reporting person's immediate family are among the beneficiaries of the trust. The reporting person disclaims beneficial ownership of the SFBS common stock held by the trust except to the extent of her pecuniary interest therein.
FAQ
What insider transaction did Irma Loya Tuder report at ServisFirst (SFBS)?
Irma Loya Tuder reported exercising stock options to acquire 8,000 shares of ServisFirst Bancshares common stock. The options were exercised at $35.65 per share, converting a derivative position into directly owned shares rather than an open-market purchase or sale.
At what price were the ServisFirst (SFBS) options exercised by director Irma Loya Tuder?
The options were exercised at $35.65 per share. This means 8,000 stock options with a right-to-buy price of $35.65 were converted into 8,000 ServisFirst Bancshares common shares in a routine derivative exercise transaction.
What indirect ServisFirst (SFBS) holdings are associated with Irma Loya Tuder?
Indirectly, 14,586 shares are held by the Jackie Ray Tuder 2012 Irrevocable Trust, where she is trustee, and 43,215 shares are held by Tuder Family LLC. She disclaims beneficial ownership of the trust shares except to the extent of her pecuniary interest.
What does the footnote about ServisFirst (SFBS) restricted stock explain?
The footnote explains that 784 of Irma Loya Tuder’s directly held ServisFirst Bancshares shares are restricted stock awards. These restricted shares are scheduled to vest on 05/19/2026, at which point they become fully transferable like other common shares, subject to any applicable policies.