Monserrat Alvaro 4

What Happened

• Monserrat Alvaro, a director of Seacoast Banking Corp. of Florida (SBCF), exercised stock option/derivative awards on Feb 4, 2026. She acquired a total of 4,543 common shares through three exercises: 2,142 shares at $22.65 ($48,516), 1,431 shares at $27.53 ($39,395), and 970 shares at $27.79 ($26,956), for aggregate cash paid of $114,867. The filing also shows matching derivative "Disposed" entries at $0, indicating conversion of the derivative awards into common shares rather than an open-market sale.

Key Details

• Transaction date: 2026-02-04; Form 4 filed: 2026-02-05 (timely)
• Exercises: 2,142 @ $22.65 ($48,516); 1,431 @ $27.53 ($39,395); 970 @ $27.79 ($26,956)
• Total shares acquired: 4,543; total cash paid: $114,867
• Matching derivative dispositions at $0 reflect conversion of the derivative instruments into common stock (code M = option exercise)
• Shares owned after the transaction: not specified in the provided filing
• Footnotes: F1 — Held in Seacoast’s Non‑employee Directors Deferred Compensation Plan; F2 — Granted under SBCF 2013 Incentive Plan; F3 — Granted under SBCF 2021 Incentive Plan

Context

• This was an exercise/conversion of derivative awards (options/awards) into common shares, not an open-market sale; there’s no indication the acquired shares were sold immediately. As a director (not a 10% owner), these transactions are routine forms of compensation/vesting for non-employee directors and do not by themselves signal a change in company outlook.