FORLENZA JOSEPH M 4
4 · SEACOAST BANKING CORP OF FLORIDA · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Seacoast Banking (SBCF) EVP Joseph Forlenza Receives Award
What Happened
- Joseph M. Forlenza, EVP & Chief Risk Officer of Seacoast Banking Corp. of Florida (SBCF), was reported as acquiring 7,736 shares as an award on 2026-02-10. The Form 4 lists the transaction as an award/grant (code A) at a reported price of $0.00 (total $0 reported).
- This grant represents performance-based restricted stock units (PSUs) from an April 1, 2023 award that were certified by the Compensation and Governance Committee on February 10, 2026 as having met performance targets. Although certified, these shares will vest only on December 31, 2026, provided Forlenza remains continuously employed.
Key Details
- Transaction date: 2026-02-10; filing date (Form 4): 2026-02-11 (timely).
- Reported shares acquired: 7,736; reported price: $0.00; reported total value: $0.
- Shares will vest on 2026-12-31 subject to continued service (see footnote F1). Grant was made under the company's Amended and Restated 2013 Incentive Plan (F5).
- Filing does not state total shares owned by the insider after this transaction.
- Transaction code: A = Award/Grant. No sale or market transaction occurred.
Context
- These are performance-based restricted stock units: the company certified performance achievement, but the shares remain subject to time-based vesting and continued employment requirements before they become transferable or sellable.
- Awards like this are standard executive compensation and do not indicate an immediate buy/sell decision by the insider.
Insider Transaction Report
Form 4
FORLENZA JOSEPH M
EVP & CRO
Transactions
- Award
Common Stock
[F1]2026-02-10+7,736→ 42,392 total
Holdings
- 1,529
Common Stock
[F2] - 9,498
Common Stock
[F3] - 4,166
Common Stock
[F4] - 12,635
Common Stock Right to Buy
[F5][F6]Exercise: $31.15Exp: 2028-04-01→ Common Stock (12,635 underlying)
Footnotes (6)
- [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 2, 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]Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan
- [F6]Represents stock option granted on April 2, 2018 ("grant date") that 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, subject to continued employment
Signature
/s/ Kathy L. Hsu as Power of Attorney for Joseph M. Forlenza|2026-02-11