HUDSON DENNIS S III 4
4 · SEACOAST BANKING CORP OF FLORIDA · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Seacoast Banking (SBCF) Director Dennis Hudson Sells 8,000 Shares
What Happened
Dennis S. Hudson III, a director of Seacoast Banking Corp. of Florida (SBCF), sold 8,000 shares of SBCF common stock in an open-market transaction on March 16, 2026 at $30.04 per share, for total proceeds of $240,320. The sale was reported on a Form 4 filed March 17, 2026.
Key Details
- Transaction date and price: March 16, 2026 — sale of 8,000 shares at $30.04 each.
- Total value: $240,320.
- Report filed: March 17, 2026 (timely; Form 4 due within 2 business days).
- Notable footnote: Sale effected pursuant to a Rule 10b5-1 trading plan adopted November 21, 2025 (F1).
- Additional filing notes (F2–F7): references to holdings in trust, joint holdings with spouse, company retirement plan and IRA, and prior awards/vesting terms; these describe holding categories and equity award terms but do not change the characterization of this trade.
- Shares owned after the transaction: not specified in the provided summary.
Context
This was a sale (often routine) executed under a pre-established 10b5-1 plan, which typically indicates scheduled dispositions rather than ad-hoc insider trading. No options were exercised and no gifts or tax-withholding transactions were reported in this filing.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-16$30.04/sh−8,000$240,320→ 228,854 total
- 18,104
Common Stock
[F3] - 34,192.993
Common Stock
[F4] - 9,356
Common Stock
[F5] - 21,867(indirect: By Trust)
Common Stock
- 51,416(indirect: By Partnership)
Common Stock
- 55,279
Common Stock Right to Buy
[F6][F7]Exercise: $31.15Exp: 2028-04-01→ Common Stock (55,279 underlying) - 78,021
Common Stock Right to Buy
[F6][F7]Exercise: $28.69Exp: 2027-04-01→ Common Stock (78,021 underlying)
Footnotes (7)
- [F1]Shares sold were effected pursuant to a Rule10b5-1 trading plan adopted by the Reporting Person on November 21, 2025
- [F2]Shares held in Trust
- [F3]Shares held jointly with spouse
- [F4]Represents shares held in the Company's Retirement Savings Plan as of December 31, 2025
- [F5]Held in IRA
- [F6]Granted pursuant to the Company's Amended and Restated 2013 Incentive Plan
- [F7]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.