Form 4: Southern First Bancshares Director Sells Shares
SEC Form 4 Filing
Director Leighton M. Cubbage sold 1,771 shares of Southern First Bancshares Inc. on May 15, 2024, at a price of $27.3395 per share.
Summary
- On May 15, 2024, Leighton M. Cubbage, a director of Southern First Bancshares Inc., sold 1,771 shares of common stock.
- The transaction was executed at a price of $27.3395 per share.
- Following the transaction, Cubbage directly owns 62,664 shares of Southern First Bancshares Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. This sale by a director is a normal part of corporate governance and individual investment decisions.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Leighton M. Cubbage sold 1,771 shares of Southern First Bancshares Inc. |
| 05/16/2024 | Date of signature for the Form 4 filing. |
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