4Filed Sep 16, 8:00 PM ET
Seacoast Banking (SBCF) Director Dennis Hudson III Sells 12,000 Shares
$SBCF · SEACOAST BANKING CORP OF FLORIDAResearch Summary
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Seacoast Banking (SBCF) Director Dennis Hudson III Sells 12,000 Shares
What Happened
Dennis S. Hudson III, a director of Seacoast Banking Corp. of Florida (SBCF), sold 12,000 shares on September 16, 2026. The weighted average sale price was $34.15 per share (range $33.99–$34.27), for total proceeds of approximately $409,800. The transaction was an open‑market sale (reported as “S”).
Key Details
- Transaction date: 2026-09-16; Filing date (Form 4): 2026-09-17 (timely).
- Shares sold: 12,000 at a weighted average price of $34.15; prices ranged $33.99–$34.27.
- Total proceeds: ~ $409,800.
- Sale executed pursuant to a Rule 10b5-1 trading plan adopted November 21, 2025 (preplanned sales).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Additional footnotes in the filing note various holding categories (e.g., shares held in trust, jointly with spouse, retirement plan, IRA) and plan/grant vesting terms for other awards.
Context
Sales executed under Rule 10b5‑1 plans are prearranged and common for insiders to meet diversification, liquidity, or planning needs; they do not, by themselves, indicate the insider’s current view of the company. This report shows a routine director sale rather than an option exercise or award receipt.