SEAVER R ARTHUR JR 4

What Happened Seaver R. Arthur Jr., CEO of Southern First Bancshares, was granted 6,500 restricted stock units (RSUs) on 2026-02-01 (award code A). To cover tax withholding upon vesting, 1,657 shares were withheld/disposed (code F) at $54.94 per share, totaling approximately $91,036. The RSU grant has a $0 acquisition price (typical for RSUs).

Key Details

• Transaction dates: 2026-02-01 (grant and withholding); filing date: 2026-02-03 (appears timely).
• Grant: 6,500 RSUs reported as an award (A) with acquisition price $0.00.
• Withholding: 1,657 shares withheld/disposed (F) at $54.94 each for ~$91,036 to satisfy tax obligations.
• Shares owned after transaction: Not specified in the public filing.
• Footnotes: F1 — RSUs vest equally over four years. F2 — Shares were withheld to satisfy tax withholding upon vesting.
• No indication of a 10b5-1 plan or other trading plan in this filing.

Context This filing reports an equity award and routine tax withholding, not an open-market purchase or opportunistic sale. RSU grants are compensation and typically vest over time; withholding shares to pay taxes is a common, administrative step and does not by itself signal the CEO buying or selling stock for investment reasons.