4Filed Aug 3, 8:00 PM ET
Seacoast (SBCF) Director Dennis Hudson Receives Award — 2,015 Shares
$SBCF · SEACOAST BANKING CORP OF FLORIDAResearch Summary
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Seacoast (SBCF) Director Dennis Hudson Receives Award — 2,015 Shares
What Happened Dennis S. Hudson III, a director of Seacoast Banking Corp. of Florida (SBCF), was granted 2,015 shares on 2026-07-31 at an implied value of $34.74 per share, for a total award value of $70,001. This was an award under the company’s incentive plan (not an open-market purchase or sale).
Key Details
- Transaction date and price: 2026-07-31; 2,015 shares @ $34.74 each (total $70,001).
- Award type: Code A (grant/award) — issued under Seacoast’s 2021 Incentive Plan for board services (F1).
- Vesting: Vests over 3 years in one‑third increments on each anniversary beginning one year after grant; vesting is subject to continued service and certain capital requirements of the bank subsidiary (F7).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing: Reported to the SEC on 2026-08-04 (filed within the Form 4 two-business-day window from 2026-07-31).
- Other footnotes in the filing reference common holding designations (trusts, joint holdings, retirement plans, IRAs) but F1 and F7 are the ones tied to this grant (F2–F6 are general holding notes).
Context This was a compensation grant for board service rather than an open‑market purchase or sale. Such equity awards are routinely used to compensate directors and typically vest over time; they should be interpreted as part of director pay disclosure rather than a direct market sentiment signal.