Zych Christian J 4

What Happened
Christian J. Zych, Chief Financial Officer of Southern First Bancshares, was granted 3,500 restricted stock units (RSUs) on February 1, 2026 (reported as an award, code A; acquisition price $0). On the same date 189 shares were disposed/withheld to satisfy tax withholding obligations at $54.94 per share, totaling $10,384 (reported as code F). The RSU grant is compensation (not an open-market purchase); the share withholding is routine for taxes.

Key Details

• Transaction date: 2026-02-01.
• Grant: 3,500 RSUs (code A), acquisition price reported $0.
• Tax withholding: 189 shares withheld (code F) at $54.94 each = $10,384.
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: F1 = RSUs vest equally over four years; F2 = shares were withheld to satisfy tax withholding upon vesting.
• Filing timeliness: Form 4 filed 2026-02-20 for a 2026-02-01 transaction — appears late (Section 16 filings are normally due within 2 business days), which delays public transparency.

Context
RSU grants are standard compensation and generally neutral as trading signals; the withheld 189 shares are a common administrative disposal to cover taxes, not an open-market sale. For investors seeking insider "confidence" signals, outright purchases typically carry more weight than compensation grants or tax-withholding disposals.