Lattimore Ray 4

What Happened

• Ray Lattimore, a director of Southern First Bancshares, was granted 310 restricted stock units (RSUs) on June 1, 2026. The Form 4 reports an acquisition price of $0.00 for the award (310 shares, total reported $0).
• The award is a compensatory grant (transaction code A), not an open-market purchase or sale. Per the filing footnote, the RSUs will fully vest on June 1, 2027.

Key Details

• Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-03).
• Transaction type/code: Award / Grant (A).
• Shares granted: 310 RSUs; reported acquisition price $0.00.
• Vesting: Fully vests on June 1, 2027 (footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Filing was submitted on 2026-06-03, within the SEC’s Form 4 reporting window (not marked late).

Context

• RSUs are typically time-based compensation that convert to shares only upon vesting; they do not represent immediate share purchases or sales. This grant reflects compensation rather than an indicator of immediate buying/selling by the insider.