Wilbanks Wesley Clark 4

What Happened Wilbanks Wesley Clark, Chief Credit Officer of Southern First Bancshares (SFST), was granted 1,800 restricted stock units (RSUs) on 2026-02-01 (reported as an acquisition at $0.00). On the same date, 242 shares were disposed/withheld at $54.94 per share to satisfy tax withholding obligations, totaling approximately $13,295. The grant is an award of RSUs (not an open-market purchase), and the withholding is a routine tax-related disposition.

Key Details

• Transaction date: 2026-02-01; filing date: 2026-02-03 (appears timely).
• Grant: 1,800 RSUs recorded as acquired at $0.00 (footnote F1).
• Tax withholding: 242 shares disposed at $54.94/share for $13,295 (footnote F2).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 = RSU grant vests equally over four years. F2 = shares withheld to satisfy tax withholding on vesting.
• Filing timeliness: No late filing indicated in the provided data.

Context This was an equity award (RSUs) rather than a purchase—awards and withholding for taxes are routine compensation events and do not necessarily signal a change in insider sentiment. The RSUs vest over four years, and the share withholding is a common method to cover tax liabilities when awards vest.