HUDSON DENNIS S III 4
Research Summary
AI-generated summary
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.