Bradley Jacqueline Lynette 4
Research Summary
AI-generated summary
Seacoast SBCF Director Jacqueline Bradley Exercises Options, Sells 2,279 Shares
What Happened
- Jacqueline Lynette Bradley, a director of Seacoast Banking Corporation of Florida (SBCF), exercised 2,279 stock options on 2026-02-03 at $14.39 per share (total cost $32,795) and immediately sold the 2,279 resulting shares in an open-market sale at $33.54 per share (gross proceeds $76,438). The filing also shows a derivative disposition entry at $0 that represents the conversion/exercise of the option.
Key Details
- Transaction date: 2026-02-03
- Option exercise (code M): 2,279 shares @ $14.39 = $32,795
- Open-market sale (code S): 2,279 shares @ $33.54 = $76,438
- Derivative conversion/disposition: 2,279 shares @ $0.00 (reflects exercise/conversion)
- Net proceeds before taxes/fees: ~$43,643 (sale proceeds minus exercise cost)
- Shares owned after transaction: Not specified in this Form 4
- Footnotes: F1 – held in Seacoast’s Non‑employee Directors Deferred Compensation Plan; F2 – granted under the 2013 Incentive Plan; F3 – granted under the 2021 Incentive Plan
- Timeliness: Reported on 2026-02-05 for a 2026-02-03 transaction — filing appears timely
Context
- This is an option exercise followed by an immediate sale (a cashless-style outcome). Such transactions by non-employee directors are commonly routine liquidity events to cover exercise costs, taxes, or diversify holdings and do not by themselves indicate a change in insider sentiment.