Southern First (SFST) Director Bryan F. Kennedy III Receives RSU Award

What Happened

Bryan F. Kennedy III, a director of Southern First Bancshares, was granted 310 restricted stock units (transaction code A) on June 1, 2026. The grant is recorded at $0.00 per share (total $0) because these are compensation awards rather than open‑market purchases. The RSUs will fully vest on June 1, 2027.

Key Details

• Transaction date: 2026-06-01; reported on Form 4 filed 2026-06-02 (appears timely).
• Transaction type/code: Award/Grant (A) — 310 RSUs granted at $0.00.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — these restricted stock units will fully vest on June 1, 2027.
• No 10b5‑1 plan, tax‑withholding, or late‑filing flag noted in the provided data.

Context

Restricted stock units are a form of compensation that convert to shares only after vesting; they generally do not convey immediate voting rights and can be forfeited if vesting conditions aren’t met. Grants to directors are common as part of compensation packages and do not by themselves signal a buy or sell decision by the insider.