Shaffer Charles M 4
4 · SEACOAST BANKING CORP OF FLORIDA · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
SBCF CEO Charles Shaffer Receives 21,843-Share Award
What Happened
- Charles M. Shaffer (Chairman, President & CEO; Director) was granted 21,843 shares on February 10, 2026. The transaction is reported as an award/grant (code A) at $0.00 per share (no cash purchase).
- These shares represent performance-based restricted stock units (PSUs) originally granted April 1, 2023; the Compensation and Governance Committee certified on Feb 10, 2026 that the performance criteria were met for the period ending Dec 31, 2025. The shares will vest on Dec 31, 2026 provided Mr. Shaffer remains in continuous service.
Key Details
- Transaction date: 2026-02-10; Filing date: 2026-02-11 (Form 4 accession 0000730708-26-000049).
- Shares granted: 21,843; reported acquisition price: $0.00 (award).
- Vesting: Will vest Dec 31, 2026 contingent on continued employment; originally granted under the Amended and Restated 2013 Incentive Plan.
- Footnote: F1 describes the PSU certification and vesting condition. Other footnotes on the filing describe separate time-based awards and plan holdings (F2–F8).
- Shares owned after transaction: Not specified in the information provided.
- Timeliness: Filing appears timely (reported the day after the transaction).
Context
- This was a compensation award (PSUs) rather than an open-market purchase or sale; awards reflect approved compensation and the attainment of pre-set performance goals, but final ownership remains subject to future vesting and continued employment.
- For retail investors, such grants indicate the company met whatever internal performance metrics applied, but they are not the same signal as an executive purchasing stock with personal funds.
Insider Transaction Report
Form 4
Shaffer Charles M
DirectorChairman, President & CEO
Transactions
- Award
Common Stock
[F1]2026-02-10+21,843→ 167,884 total
Holdings
- 4,317
Common Stock
[F2] - 32,835
Common Stock
[F3] - 17,156
Common Stock
[F4] - 8,935
Common Stock
[F5] - 1,500.062
Common Stock
[F6] - 28,544
Common Stock Right to Buy
[F7][F8]Exercise: $28.69Exp: 2027-04-01→ Common Stock (28,544 underlying) - 18,952
Common Stock Right to Buy
[F7][F8]Exercise: $31.15Exp: 2028-04-01→ Common Stock (18,952 underlying)
Footnotes (8)
- [F1]Represents shares subject to performance based restricted stock units ("PSU's") granted on April 1, 2023, that were subject to performance requirements which were attained over a period ending December 31, 2025. On February 10, 2026, the Company's Compensation and Governance Committee certified the number of shares attained based on the performance criteria, which will vest on December 31, 2026, provided the recipient remains in continuous service with the Company on the vesting date
- [F2]Represents an unvested time-based restricted stock award granted on April 1, 2023, which shall vest over 3 years in one-third increments, beginning April 1, 2024, and on each anniversary thereafter, subject to continued employment
- [F3]Represents an unvested time-based restricted stock award granted on April 1, 2024, which shall vest over 3 years in one-third increments, beginning April 1, 2025, and on each anniversary thereafter, subject to continued employment
- [F4]Represents an unvested time based restricted stock award grated on April 1, 2025, which vests over 3 years in one-third increments, beginning April 1, 2026, and on each anniversary thereafter subject to continued employment
- [F5]Shares in the Company's Employee Stock Purchase Plan
- [F6]Share equivalents held in Company's Retirement Savings Plan as of December 31, 2025
- [F7]Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan
- [F8]Vests over 3 years in one-third increments each anniversary of the date of grant beginning on the first anniversary of the date of grant (the date indicated), subject to continuous employment on each vesting date and the Company's banking subsidiary meets certain capital requirements
Signature
/s/ Charles M. Shaffer|2026-02-11