SHEAROUSE JOSEPH B III 4
Research Summary
AI-generated summary
SBCF Director Joseph Shearouse Buys 4,000 Shares
What Happened
- Joseph B. Shearouse III, a director of SEACOAST BANKING CORP OF FLORIDA (SBCF), made an open-market purchase of 4,000 shares on 2026-02-12 at $33.19 per share, for a total transaction value of approximately $132,760. This was a purchase (SEC code P), which is generally viewed as a more informative/bullish signal than a routine sale.
- The filing notes the shares are held in an IRA (retirement account), per the filing footnote.
Key Details
- Transaction date and price: 2026-02-12, 4,000 shares @ $33.19.
- Total value: ~ $132,760.
- Transaction type/code: Open-market purchase (P).
- Held in: IRA (footnote).
- Filing: Form 4 filed 2026-02-17 (reporting period 2026-02-12); filing appears timely (filed within SEC’s 2-business-day window).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- Purchases by insiders can signal confidence, but they can also be routine contributions to personal/retirement accounts; because these shares are in an IRA, the transaction may reflect retirement investing rather than trading on company-specific news. The Form 4 filing appears to have been submitted on time.