Form 4: Southern First Bancshares Director Mark A. Cothran Reports Stock Disposals
SEC Form 4 Filing
Director Mark A. Cothran reported the disposal of 2,200 shares of Southern First Bancshares Inc. common stock on March 22, 2024, through gifts.
Summary
- On March 22, 2024, Mark A. Cothran, a director of Southern First Bancshares Inc., disposed of 2,200 shares of common stock.
- The transactions were gifts, with 1,100 shares disposed of in each transaction at a price of $30.7 per share.
- Following the reported transactions, Cothran beneficially owns 99,591 shares of Southern First Bancshares Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the trading activities of company insiders.
Stakeholder Impact
- The disposal of shares by a director could be perceived negatively by some shareholders, although the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of stock disposal transactions |
| 03/26/2024 | Date of Form 4 signature |
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