FORLENZA JOSEPH M 4

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.