GOEBEL MARYANN 4

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Seacoast (SBCF) Director Maryann Goebel Exercises Options & Sells Shares

What Happened
Maryann Goebel, a director of Seacoast Banking Corp. of Florida (SBCF), exercised 3,419 stock options under Seacoast's 2013 Incentive Plan and immediately sold the 3,419 common shares in an open-market transaction. The options were exercised at $14.39 per share (total exercise cost $49,199). The shares were sold the same day at $34.23 per share for total gross proceeds of $117,032, implying a pre-tax difference (proceeds minus exercise cost) of about $67,833. This is a common cashless-exercise followed by an immediate sale rather than a buy-and-hold purchase.

Key Details

  • Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (appears timely).
  • Exercise (M): 3,419 shares at $14.39 — total cost $49,199.
  • Sale (S): 3,419 shares at $34.23 — total proceeds $117,032.
  • Net pre-tax gain (proceeds minus exercise cost): ≈ $67,833.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes: holdings may be in a revocable trust (F1) and Seacoast's Non‑employee Directors Deferred Compensation Plan (F2); options granted under the 2013 Incentive Plan (F3).
  • No indication in the filing of a 10b5‑1 plan or late filing flag.

Context
This was an option exercise followed by an immediate open‑market sale (a cashless exercise), which is routine for option holders who convert options to cash rather than retain shares. Such transactions show the director realizing gains from existing equity awards but do not, by themselves, indicate a change in the director’s view of the company’s fundamentals.