Carroll Austen 4
Research Summary
AI-generated summary
Seacoast Banking (SBCF) EVP Carroll Austen Receives RSU Award
What Happened Carroll Austen, Executive Vice President and Chief Lending Officer of Seacoast Banking Corp. of Florida (SBCF), was granted 14,146 restricted stock units (RSUs) on April 15, 2026. The award was reported at $0.00 per share (a compensation grant rather than a cash purchase), so no cash changed hands. These RSUs are unvested at grant.
Key Details
- Transaction date: April 15, 2026; Filing date: April 17, 2026 (appears filed within the standard two-business-day window).
- Award: 14,146 RSUs at $0.00 per share (grant/award code A).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes:
- F1: These RSUs vest in one-third increments over 3 years, beginning April 15, 2027, subject to continued employment.
- F2: There is an earlier unvested time-based restricted stock award from April 1, 2024, vesting over 3 years starting April 1, 2025.
- F3: There is an earlier unvested time-based restricted stock award from April 1, 2025, vesting over 3 years starting April 1, 2026.
- No 10b5-1 plan, tax-withholding sale, or late-filing indication was disclosed.
Context RSU grants are a form of compensation and typically vest over time, so they do not reflect an immediate buy or sell decision by the insider. Because these units are unvested and subject to continued employment, they are primarily a retention/compensation tool rather than a direct market sentiment signal. Purchases by insiders tend to be more informative about personal conviction than routine compensation grants.