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SOUTHERN FIRST BANCSHARES INC·4

Jun 2, 5:22 PM ET

JOHNSTONE RUDOLPH G III 4

Research Summary

AI-generated summary

Updated

Southern First (SFST) Director Rudolph Johnstone Receives Award

What Happened
Rudolph G. Johnstone III, a director of Southern First Bancshares, received a grant of 310 restricted stock units (RSUs) on June 1, 2026. The filing lists an acquisition price of $0.00 (total $0) because these are equity awards rather than open-market purchases. This is an award/grant transaction (code A), not a purchase or sale by the insider.

Key Details

  • Transaction date: 2026-06-01; filing date: 2026-06-02 (timely).
  • Amount: 310 restricted stock units; acquisition price reported as $0.00 (total $0).
  • Vesting: Per the filing footnote, the RSUs will fully vest on June 1, 2027.
  • Shares owned after transaction: not specified in the provided filing details.
  • Transaction code: A = Award/Grant.

Context
This was an equity award (RSUs) to a director — a common form of compensation and retention tool. Awards do not indicate an immediate buy/sell decision by the insider; value is realized only when/if the RSUs vest and are converted to shares (and possibly sold).