Form 4: Seacoast Banking Corp Director Maryann Goebel Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Maryann Goebel of Seacoast Banking Corporation of Florida reports acquiring 848 shares of common stock and disposing of 6,000 shares, along with holding options to buy additional shares.

Summary

  • Maryann Goebel, a director at Seacoast Banking Corporation of Florida, reported several transactions involving the company's stock.
  • On December 10, 2024, she acquired 848 shares of common stock at a price of $29.49 per share.
  • These shares were issued as restricted stock under the 2021 Incentive Plan for her services as a director in 2024 and deferred into her director's account.
  • She also disposed of 6,000 shares of common stock, which were held in Seacoast's Non-employee Directors Deferred Compensation Plan and a revocable trust.
  • Additionally, she holds options to buy 2,142 shares at $22.65 each, expiring on February 5, 2027, and 3,419 shares at $14.39 each, expiring on February 2, 2026.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of stock transactions by a company director, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
  • The transactions reported are typical for directors who receive stock as part of their compensation and may also hold stock options.
  • Similar filings can be seen across the financial industry for companies like JPMorgan Chase, Bank of America, and Wells Fargo, where directors and officers regularly report their stock transactions.

Stakeholder Impact

  • The transactions reported in this filing provide transparency to shareholders regarding the trading activities of a company director.
  • The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
02/03/2016Date of grant for options to buy 3,419 shares at $14.39, expiring on 02/02/2026
02/06/2017Date of grant for options to buy 2,142 shares at $22.65, expiring on 02/05/2027
12/10/2024Date of stock acquisition and disposal transactions.
12/12/2024Date of filing of the Form 4.

Keywords

stock transactions, insider trading, director, common stock, stock options, Seacoast Banking Corporation of Florida, SBCF, equity securities

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