HUDSON DENNIS S III 4
4 · SEACOAST BANKING CORP OF FLORIDA · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Seacoast Banking (SBCF) Director Dennis S. Hudson III Sells 8,000 Shares
What Happened
Dennis S. Hudson III, a director of Seacoast Banking Corp. of Florida (SBCF), sold 8,000 shares on June 16, 2026. The reported weighted-average price was $31.41, for total proceeds of approximately $251,280. The sale was reported as an open-market/private sale (transaction code S).
Key Details
- Transaction date: 2026-06-16; filing date: 2026-06-17 (timely filed).
- Price: weighted average $31.41; actual trade prices ranged $31.20–$31.64 (multiple transactions).
- Total proceeds: ~$251,280.
- Shares owned after transaction: not specified in the excerpt of this filing.
- Notable footnotes: sale was executed pursuant to a Rule 10b5-1 trading plan adopted Nov 21, 2025; reporting person can provide detailed per-price breakdown upon request. Other footnotes describe holding types (trust, joint, retirement plan, IRA) and plan/vesting language unrelated to this sale.
Context
This sale was made under a pre-established 10b5-1 plan, which is a prearranged trading program that can reduce the implication that the sale reflects the insider’s current view of the company. Sales by directors can be routine (e.g., for diversification or liquidity) and are generally less informative than insider purchases about management’s sentiment.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-06-16$31.41/sh−8,000$251,280→ 220,854 total
- 18,104
Common Stock
[F4] - 34,315.537
Common Stock
[F5] - 9,356
Common Stock
[F6] - 21,867(indirect: By Trust)
Common Stock
- 51,416(indirect: By Partnership)
Common Stock
- 55,279
Common Stock Right to Buy
[F7][F8]Exercise: $31.15Exp: 2028-04-01→ Common Stock (55,279 underlying) - 78,021
Common Stock Right to Buy
[F7][F8]Exercise: $28.69Exp: 2027-04-01→ Common Stock (78,021 underlying)
Footnotes (8)
- [F1]Shares sold were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.20 to $31.64. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price for this transaction
- [F3]Shares held in Trust
- [F4]Shares held jointly with spouse
- [F5]Represents shares held in the Company's Retirement Savings Plan as of March 31, 2026
- [F6]Held in IRA
- [F7]Granted pursuant to Company's 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