Southern First Bancshares (SFST) Director Mark A. Cothran Receives Award

What Happened
Mark A. Cothran, a director of Southern First Bancshares, was granted 310 restricted stock units (RSUs) on June 1, 2026. The Form 4 reports the acquisition as 310 shares at $0.00 (total $0). Footnotes state these RSUs will fully vest on June 1, 2027.

Key Details

• Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-02).
• Transaction type/code: A — Grant/award (restricted stock units).
• Amount: 310 RSUs; reported acquisition price $0.00 (typical for equity awards).
• Vesting: RSUs fully vest on June 1, 2027 (per footnote F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Filed the day after the grant (within standard Form 4 reporting window).

Context
RSUs are a form of compensation that convert into actual shares only after vesting; there is no immediate cash payment or open-market purchase. Grants like this are common for directors and executives as long-term compensation and do not by themselves indicate buying or selling sentiment in the open market.