Form 4: Seacoast Banking Corp Director Alvaro Monserrat Reports Stock Transactions

Director Alvaro Monserrat of Seacoast Banking Corp reported the acquisition of 848 shares of common stock and the disposal of 3,000 shares.

Summary

• Alvaro Monserrat, a director at Seacoast Banking Corp, reported a transaction involving the company's common stock.
• On December 10, 2024, Monserrat acquired 848 shares of common stock at a price of $29.49 per share.
• The acquisition was part of restricted stock issued from Seacoast's 2021 Incentive Plan for services as a Director in 2024, and deferred into director's account in Seacoast's Directors Deferred Compensation Plan.
• Monserrat also disposed of 3,000 shares of common stock.
• These shares were held in Seacoast's Non-employee Directors Deferred Compensation Plan.
• Monserrat also holds rights to buy 2,142 shares at $22.65 and 1,431 shares at $27.53.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by a director, which is neither positive nor negative in itself.

Industry Context

This is a routine filing for a director's stock transactions, which is common in the financial industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, and this filing is consistent with those requirements.
• The transactions are typical for directors receiving stock-based compensation and managing their holdings.

Stakeholder Impact

• The transactions may have a minor impact on the stock price, but are not expected to be significant.

Key Dates

Keywords

stock transaction, insider trading, Form 4, director, common stock, Seacoast Banking Corp, SBCF, equity securities, restricted stock, deferred compensation