FSEA.NASDAQFirst Seacoast Bancorp, INC

Form 4: First Seacoast Bancorp CEO Buys Shares, Details Holdings

Sentiment:

Insider Transaction Report

📋All filings for First Seacoast Bancorp, INC
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First Seacoast Bancorp's CEO, James R. Brannen, reported the purchase of 500 shares of common stock and detailed his direct and indirect equity holdings.

Better than expectedCEO James R. Brannen purchased 500 shares of common stock, which is often interpreted as a sign of management's confidence in the company's future prospects.

Summary

  • CEO James R. Brannen purchased 500 shares of First Seacoast Bancorp common stock on August 15, 2025, at a price of $11.3075 per share.
  • Following this transaction, Brannen directly owns 32,637 shares of common stock, which includes restricted stock.
  • The restricted stock vests at a rate of 33 1/3% per year, commencing on December 2, 2025.
  • Indirect holdings include 9,179 shares held by an IRA, 4,255 shares by a 401(k) plan, and 3,646 shares by an ESOP.
  • Brannen holds 24,401 stock options with an exercise price of $8.06, which began vesting at 33 1/3% per year on May 25, 2024, and expire on May 25, 2033.
  • He also holds 23,500 stock options with an exercise price of $9.29, which will begin vesting at 33 1/3% per year on December 2, 2025, and expire on December 2, 2034.

Sentiment

Score: 8

Explanation: The purchase of common stock by the Chief Executive Officer indicates a positive sentiment and confidence in the company's valuation and future performance.

Positives

  • CEO James R. Brannen purchased 500 shares of common stock, indicating confidence in the company's future prospects.
  • The purchase was made at a price of $11.3075 per share.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

  • Purchase of 500 shares of common stock by CEO James R. Brannen from the open market at $11.3075 per share.

Stakeholder Impact

  • Shareholders may view the CEO's stock purchase as a positive signal of management's belief in the company's value and future performance.

Next Steps

  • Restricted stock vesting commences December 2, 2025.
  • Stock options (24,401) vesting commenced May 25, 2024.
  • Stock options (23,500) vesting commences December 2, 2025.

Key Dates

DateDescription
05/25/2024Commencement of vesting for 24,401 stock options.
08/15/2025Date of common stock purchase transaction by CEO James R. Brannen.
12/02/2025Commencement of vesting for restricted stock and 23,500 stock options.
05/25/2033Expiration date for 24,401 stock options.
12/02/2034Expiration date for 23,500 stock options.

Recommendation

buy

The Chief Executive Officer's purchase of company stock signals strong confidence in First Seacoast Bancorp's future prospects and current valuation, which could be a positive indicator for investors.

Keywords

First Seacoast Bancorp, FSEA, insider trading, CEO stock purchase, beneficial ownership, stock options, restricted stock, banking, financial services

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.