Form 4: Seacoast Banking Corp. Director Trades Common Stock

H. Gilbert Culbreth Jr., a Director at Seacoast Banking Corp. of Florida, reported transactions involving the acquisition and disposition of common stock.

Summary

• H. Gilbert Culbreth Jr., a Director of Seacoast Banking Corp. of Florida, reported a transaction on July 9, 2026.
• The transaction involved the acquisition of 390 shares of common stock at a price of $31.66 per share.
• Following this transaction, Culbreth Jr. beneficially owns 49,982.66 shares of common stock directly.
• Additional holdings include 1,672 shares, 10,660.253 shares, 10,328 shares, and 500 shares held directly.
• Indirectly held shares include 26,000 shares in a family limited liability company and 8,200 shares in a family sub-S corporation.
• A derivative security, a right to buy common stock, was also noted, granted under the 2013 Incentive Plan, with 2,142 shares underlying it.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions without significant positive or negative implications on its own.

Positives

• Director H. Gilbert Culbreth Jr. acquired 390 shares of common stock, indicating continued investment in the company.
• The acquisition price of $31.66 per share may represent a favorable entry point for the director.
• Culbreth Jr. holds a significant number of shares, both directly and indirectly, demonstrating substantial beneficial ownership.

Negatives

• The filing does not explicitly detail any dispositions of stock, only acquisitions and existing holdings.
• The specific reasons for the acquisition are not provided, leaving room for speculation.

Risks

• The filing does not explicitly mention any current issues or potential future challenges.
• The nature of the derivative security (right to buy) could imply future potential dilution if exercised, though this is standard for incentive plans.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports on past transactions.

Management Comments

• The signature indicates that H. Gilbert Culbreth, Jr. has provided a power of attorney to Kathy L. Hsu for the filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions in the banking sector, providing transparency on executive and director stock activity.

Stakeholder Impact

• Shareholders: Increased transparency into director's investment in the company.
• Management: Standard reporting requirement, no direct impact.
• Employees: No direct impact mentioned.
• Creditors: No direct impact mentioned.
• Suppliers: No direct impact mentioned.

Next Steps

• No specific next steps are mentioned in the filing.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Seacoast Banking Corp., SBCF, Common Stock, Director, Beneficial Ownership, Stock Transaction, Deferred Compensation Plan, Incentive Plan