Maner William IV 4

What Happened
William Maner IV, a director of Southern First Bancshares Inc. (SFST), received a grant of 310 restricted stock units (RSUs) on June 1, 2026. The Form 4 reports the award (transaction code A) at $0.00 per share (aggregate reported value $0), indicating a compensation grant that will convert to shares if and when the units vest.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (filed within the normal two-business-day window).
• Transaction type: Award / Grant (Code A) — 310 RSUs at $0.00 per unit; aggregate reported value $0.
• Vesting: Per footnote F1, the RSUs will fully vest on June 1, 2027.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 states these are restricted stock units that will fully vest on 6/1/2027.

Context
RSUs are a form of compensation: they represent a promise to deliver shares upon vesting rather than an open-market purchase or sale, and they don’t by themselves signal insider conviction to buy or sell. There was no exercise or immediate sale tied to this filing; the award simply becomes shares if the director remains eligible through the vesting date.