Form 4: Seacoast Banking Corp of Florida: Director's Stock Transactions
Director Stock Transaction Filing
Director Jacqueline Lynette Bradley reports stock transactions including the acquisition of common stock and deferred stock awards.
Summary
- Jacqueline Lynette Bradley, a director at Seacoast Banking Corp of Florida, has reported several stock transactions.
- These transactions include the acquisition of 848 shares of common stock at a price of $29.49 per share, totaling $25,380.47.
- The report also details the holding of 7,000 shares of common stock and various rights to buy common stock at different prices and dates.
- These rights to buy stock were granted under Seacoast's 2021 and 2013 Incentive Plans.
- A total of 2,279 restricted shares were issued from Seacoast's 2021 Incentive Plan for service as a Director in 2024 and deferred into the director's account.
Sentiment
Score: 6
Explanation: The document is neutral, detailing routine stock transactions. There is no indication of positive or negative sentiment.
Positives
- The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.
Risks
- The document primarily details transactions and does not indicate any specific risks.
Industry Context
This filing is a routine disclosure of stock transactions by a company director, which is common in the financial industry.
Comparison to Industry Standards
- Director stock transactions are a standard practice in publicly traded companies, and the details provided are consistent with regulatory requirements.
- The use of incentive plans and deferred compensation is also a common practice for director compensation in the financial sector.
- Comparable companies would also have similar disclosures for their directors' stock transactions.
Stakeholder Impact
- The stock transactions may have a minor positive impact on shareholder confidence due to the director's investment.
Key Dates
| Date | Description |
|---|---|
| 2016-02-03 | Grant date for right to buy 1146 shares at $14.39, expiring 2026-02-02 |
| 2017-02-06 | Grant date for right to buy 2142 shares at $22.65, expiring 2027-02-05 |
| 2018-05-04 | Grant date for right to buy 1431 shares at $27.53, expiring 2028-05-03 |
| 2019-02-04 | Grant date for right to buy 1431 shares at $28.42, expiring 2029-02-03 |
| 2022-02-03 | Grant date for right to buy 1505 shares at $35.78, expiring 2032-02-02 |
| 2024-12-10 | Date of the reported stock acquisition of 848 shares at $29.49. |
| 2024-12-12 | Date of the filing. |
Keywords
stock transactions, common stock, director, incentive plan, deferred compensation, Seacoast Banking Corp
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