Form 4: Director Maryann Goebel Acquires and Disposes of Seacoast Banking Corp Stock

Maryann Goebel, a director of Seacoast Banking Corporation of Florida, acquired restricted stock and disposed of shares held in a deferred compensation plan and revocable trust.

Summary

• Maryann Goebel acquired 2,218 shares of common stock at $28.19 per share on July 31, 2025, as restricted stock issued from Seacoast's 2021 Incentive Plan for service as a Director in 2025, and deferred into director's account in Seacoast's Directors Deferred Compensation Plan.
• Goebel disposed of 6,000 shares of common stock on July 31, 2025.
• Following these transactions, Goebel beneficially owns 30,958.7617 shares of common stock directly.
• Goebel also holds rights to buy 2,142 shares at $22.65 (exercisable from February 6, 2017, expiring February 5, 2027) and 3,419 shares at $14.39 (exercisable from February 3, 2016, expiring February 2, 2026).

Sentiment

Score: 5

Explanation: The filing represents routine transactions. The acquisition is slightly positive, while the disposal is neutral as it involves deferred compensation and trust holdings.

Positives

• Acquisition of 2,218 shares indicates continued alignment with company success.

Negatives

• Disposal of 6,000 shares could be perceived negatively, although the shares were held in a deferred compensation plan and revocable trust.

Future Outlook

There are no explicit forward-looking statements in this filing.

Industry Context

This filing reflects routine transactions by a company insider, which are common in the banking industry. These transactions are part of standard compensation and portfolio management practices.

Comparison to Industry Standards

• Director stock ownership is a common practice in publicly traded companies, including banks like Bank of America (BAC) and JPMorgan Chase (JPM), to align director interests with shareholder value.
• Deferred compensation plans are widely used in the financial industry, similar to those offered by Wells Fargo (WFC) and Citigroup (C), to attract and retain key personnel.
• The vesting and exercise schedules of stock options are typical, comparable to those found in equity compensation plans at regional banks like Regions Financial Corporation (RF) and Fifth Third Bancorp (FITB).

Stakeholder Impact

• Shareholders: The transactions reflect insider activity, which can influence investor sentiment.
• Employees: The filing provides insight into director compensation and alignment with company performance.

Key Dates

Recommendation

The filing represents routine transactions by a director. There is no information to suggest a change in the company's fundamentals or outlook. Therefore, a hold recommendation is appropriate.

Keywords

Form 4, SEC Filing, Director, Stock Acquisition, Stock Disposal, Beneficial Ownership, Seacoast Banking Corporation of Florida, SBCF, Restricted Stock, Deferred Compensation Plan, Revocable Trust, Incentive Plan