Zych Christian J 4
Research Summary
AI-generated summary
SOUTHERN FIRST (SFST) CFO Christian Zych Withholds 153 Shares for Taxes
What Happened
- Christian J. Zych, Chief Financial Officer of Southern First Bancshares Inc. (SFST), had 153 shares of common stock disposed/withheld to satisfy tax withholding obligations tied to the vesting of restricted stock awards. The shares were valued at $57.07 each, for a total of approximately $8,732.
- This was a tax-withholding disposition (code F), a routine administrative action rather than an open-market sale.
Key Details
- Transaction date: May 21, 2026; Filing date: May 22, 2026 (appears timely).
- Price per share: $57.07; Shares withheld/disposed: 153; Total value: ~$8,732.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: F1 — shares were withheld to satisfy tax withholding obligations upon vesting of restricted stock awards.
- Transaction code: F (payment of exercise price or tax liability via share withholding).
Context
- This was a tax-withholding event for vested restricted stock, not an open-market sale; such withholdings are routine and typically do not signal insider sentiment.
- For retail investors, purchases are generally more informative about insider confidence than routine withholdings; treat this as an administrative transaction.